For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Medical Office Building Title is generated by Realmo AI

    670 S 8th Street, Griffin, GA 30224

    View on Map
    Claim this Listing
    New
    For Sale
    $875,000

    COMMERCIAL - Griffin, GA

    Property size:
    4,558 SF
    Lot size:
    0.52 Acres
    Price / SF:
    $191/SF
    Added:
    Jun 17, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 20 at 2:06 am

    Property Features for 670 S 8th Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking features
    Parking Lot
    Standard status
    Active
    APN
    026 02020
    Size
    4,558 SF
    Lot size
    0.52 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    7827

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1974
    Flooring type
    Vinyl, Concrete, Carpet
    Building materials
    Block, Brick
    Roof type
    Tar/Gravel

    We can help!

    Listing Contact
    Niles Murray

    Listing agent Niles Murray License #010924

    Listing office Murray Company, Realtors 203 E Taylor Street, Griffin, GA

    Listing date Jun 17, 2026

    MLS# 10789571

    Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Medical office building with 4,558 SF, rented to LABCORP
    • Current rent: $6,259.31 monthly ($16.48 per SF)
    • AAA tenant; landlord pays taxes and fire insurance
    • Built in 1974 with block and brick construction
    • Central heating and central air conditioning
    • Public water and public sewer; tar/gravel roof

    Overview

    This medical office building contains 4,558 square feet and is reported to be in top condition. The property is currently rented to Labcorp. Tenant terms note a monthly rent of $6,259.31, and the landlord pays taxes and fire insurance.

    The building is located at 670 S 8th Street in Griffin, Georgia, within Spalding County. Public remarks indicate it is about one block from Spalding Wellstar Hospital, providing convenient proximity for healthcare-related operations and patients.

    For prospective buyers, this is a healthcare office asset with an in-place tenant and landlord-paid taxes and fire insurance. It may appeal to investors or operators seeking a straightforward medical office configuration with an AAA tenant in place. Please do not disturb the tenant.

    Local Financial Insights For Healthcare Medical

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $123.1k $27.00
    − Vacancy −$12.9k −$2.84
    EGI $110.1k $24.17
    − OpEx −$44.1k −$9.67
    NOI $66.1k $14.50
    4,558 SF · lease $27.00/SF/yr · vacancy 10.50% · expense 40.00%

    Alternative Uses

    Best Use
    Healthcare Medical
    $944.1K
    $826.1K – $1.10M (±1% cap)
    NOI $66,086 @ 7.0% cap · market cap 7.55%
    Second Best
    Office B
    $871.9K
    $763.0K – $1.02M (±1% cap)
    NOI $61,036 @ 7.0% cap · market cap 6.98%
    Theoretical Best
    Office A
    $1.28M
    $1.12M – $1.49M (±1% cap)
    NOI $89,592 @ 7.0% cap · market cap 10.24%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Jennifer S. Slade, ... Physician Candace Washington, OT Physician Dr. Trevor Turner Physician Taylor Wanda Employment Agency Orthopaedic Solutions Medical Clinic

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Memorial Drive Veterinary Clinic: Smith Philip DVM — 806 Memorial Dr, Griffin, GA 30223
    • Barlow Kevin DVM — 806 Memorial Dr, Griffin, GA 30223
    • Busbin John DVM — 806 Memorial Dr, Griffin, GA 30223

    Location Insight

    • Map
    • Local Demand
    City
    Griffin
    County
    Spalding
    State
    Georgia
    Longitude
    -84.265258
    Latitude
    33.237364

    FAQs

    What type of property is this?
    Medical Office Space - Rented medical office building leased to a healthcare tenant with landlord-covered taxes and fire insurance.
    Where is this medical office space located?
    The property is located at 670 S 8th Street Griffin, GA.
    What is the asking price?
    The asking price for this property is $875,000.
    What are key features of this property?
    This property features: Medical office building with 4,558 SF, rented to LABCORP; Current rent: $6,259.31 monthly ($16.48 per SF); AAA tenant; landlord pays taxes and fire insurance
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message