823 S 247 Highway, Kathleen, GA 31047
COMMERCIAL - Kathleen, GA
Property Features for 823 S 247 Highway
General Information
Utilities
Amenities
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Investment Insights
Based on property information with market context.
The property includes more than 20 parking spaces for staff and visitors. Climate control is supported by 3 HVAC units, with central heating and electric heating systems and central air with electric cooling. Sewer service is provided via a septic tank.
Zoned M1, the building offers flexibility for professional office and showroom uses, including office, medical or dental, training facilities, and retail showroom space, with the option to operate as a multi-tenant investment opportunity. Seller financing is available.
Key Highlights
- 0.93‑acre office property with 3,600 SF of interior space
- Zoned M1
- 8 private offices plus 2 additional cubicles
Financial Insights For Retail
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 | $70.4k | $19.56 |
| − Vacancy | −$6.0k | −$1.66 |
| EGI | $64.4k | $17.90 |
| − OpEx | −$19.3k | −$5.37 |
| NOI | $45.1k | $12.53 |
Alternative Uses
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
Demographics for 31047, GA
Market
Vacancy Rate% for Office in South region