Large Office Space for
For Sale
$800,000
677 Jonesboro Rd, McDonough, GA 30253
Large office space on a busy road, positioned between a medical building and day care.
Property Size3,643 SF
Lot Size1.76 Acres
Price / SF$219.60
Days on Market139
Property Features for 677 Jonesboro Rd
General Information
Standard status
Active
Size
3,643 SF
Lot size
1.76 Acres
Building Details
Year Built
1986
Listing Agency:
Tara Properties, Inc.
Listed By:
Ralph Myers · License #138830
(770) 367-0649
Source:
Harmonandharmon
Added: Jun 19
Changed: Oct 25
Last Checked: Oct 7 at 5:12PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tara Properties, Inc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This offering consists of a large office space suited for an owner-operator or an incoming office tenant. The property is available for sale and includes a 1.76-acre site that can support an operating business use or be evaluated for redevelopment. With 3,643 square feet of space, it provides a defined footprint for office activity.
The property is located on Jonesboro Rd in McDonough, Georgia, positioned between a medical building and a day care. The site benefits from being on a busy roadway, which can support customer and employee access for appropriate office uses.
For businesses seeking a standalone office facility, the combination of usable interior space and a larger site area may align well with operational needs. For buyers with redevelopment plans, the 1.76-acre parcel offers an opportunity to reposition the property, subject to applicable requirements. Pricing is listed at $850,000.
The property is located on Jonesboro Rd in McDonough, Georgia, positioned between a medical building and a day care. The site benefits from being on a busy roadway, which can support customer and employee access for appropriate office uses.
For businesses seeking a standalone office facility, the combination of usable interior space and a larger site area may align well with operational needs. For buyers with redevelopment plans, the 1.76-acre parcel offers an opportunity to reposition the property, subject to applicable requirements. Pricing is listed at $850,000.
Key Highlights
- Large office space on busy Jonesboro Rd, located between a medical building and a day care
- Includes 1.76 acres ready for your business or redevelopment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,784
Cap Rate
6.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$975,680
$975.7K
Cap Rate 7%
$696,914
$696.9K
Cap Rate 9%
$542,044
$542.0K
Market Conditions
NOI Build-Up for 3,643 SF
Gross rent
$87.0K $23.87/SF
− Vacancy
−$21.9K −$6.02/SF
EGI
$65.0K $17.85/SF
− OpEx
−$16.3K −$4.46/SF
NOI
$48.8K $13.39/SF
Area
Henry County, GA
Vacancy
25.20%
Lease Rate
$23.87 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$975,680
Cap Rate 7%
$696,914
Cap Rate 9%
$542,044
Alternative Uses
Best Use
Office B
$696.9K
$609.8K – $813.1K
NOI $48,784 @ 7.0% cap · market cap 6.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.02M
$891.1K – $1.19M
NOI $71,285 @ 7.0% cap · market cap 8.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
171
Businesses Nearby
Explore this area
Business Placement
Demographics for 30253, GA
62,025
Population
22,889
Households
2.7
Avg Household Size
36
Median Age
30%
College-Educated
93%
High-School Grad
46.9 sq mi
ZIP Area
1,322
Density / Sq Mi
$81,601
Median Household Income
$43,433
Median Earnings
$1,627
Median Rent
$281,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Large office space on a busy road, positioned between a medical building and day care.
Where is this office unit located?
The property is located at 677 Jonesboro Rd McDonough, GA.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Large office space on busy Jonesboro Rd, located between a medical building and a day care; Includes 1.76 acres ready for your business or redevelopment
