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Remodeled Office Building
New
For Sale
$479,900

86 S Zack Hinton Parkway, McDonough, GA 30253

Commercial Sale, Mcdonough, GA

Property Size1,810 SF
Lot Size0.50 Acres
Price / SF$265.14
Days on Market4

Property Features for 86 S Zack Hinton Parkway

General Information

Property type Commercial Sale
Property subtype Other
Parking 15
Parking features Parking Lot
Lot features Level
Directions Hwy 81 E through the square to right on S. Zack Hinton Pkwy. Office on the left.
Standard status Active
APN M2010003000
Size 1,810 SF
Lot size 0.50 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4884

Utilities

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

Amenities

conference room
full kitchen
bathroom
handicap-accessible ramp

Building Details

Year built 1958
Building materials Brick
Listing Agency: SouthSide, REALTORS
Listed By: Brian O'neal · License #311462
Added: Sep 14 Last Checked: Sep 17 at 2:06AM
MLS# 10845479

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.

Investment Insights

Based on property information with market context.

Recently remodeled office building with approximately 1,810 square feet of functional commercial space. The layout includes three private offices, a large conference room with room for reception, a full kitchen, and one bathroom. Brick construction, central heating, central air, and two entrances support everyday office use, while a handicap-accessible ramp improves access.

The property occupies approximately 0.50 acre at 86 S Zack Hinton Parkway in McDonough, near the historic McDonough Square. Rear parking accommodates up to 16 vehicles, and the site has public water, public sewer, and cable availability. Its proximity to the courthouse, downtown McDonough, shopping, dining, and major transportation routes adds convenient access for office users and visitors.

Key Highlights

  • Approximately 1,810 square feet of office space
  • Three private offices plus a large conference room
  • Full kitchen and one bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$24,238
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.05%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$484,760 $484.8K
Cap Rate 7%
$346,257 $346.3K
Cap Rate 9%
$269,311 $269.3K
Market Conditions
NOI Build-Up for 1,810 SF 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.
Gross rent
$43.2K $23.87/SF
− Vacancy
−$10.9K −$6.02/SF
EGI
$32.3K $17.85/SF
− OpEx
−$8.1K −$4.46/SF
NOI
$24.2K $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 rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$484,760
Cap Rate 7%
$346,257
Cap Rate 9%
$269,311

Alternative Uses

Best Use
Office B
$346.3K
$303.0K – $404.0K (±1% cap)
NOI $24,238 @ 7.0% cap · market cap 5.05%
Second Best
no second resolved use
Theoretical Best
Office A
$506.0K
$442.7K – $590.3K (±1% cap)
NOI $35,418 @ 7.0% cap · market cap 7.38%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Open Analytics

Current Use

Shannon Watkins Training Center Ally Morton, REALTOR® Real Estate Agency

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Computer & Electronic Repair Tech Support Center Electrical Service Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,062
Businesses Nearby

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

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Recently updated office property with private offices, a large meeting room, kitchen, and on-site parking.
Where is this office building located?
The property is located at 86 S Zack Hinton Parkway McDonough, GA.
What is the asking price?
The asking price for this property is $479,900.
What are key features of this property?
This property features: Approximately 1,810 square feet of office space; Three private offices plus a large conference room; Full kitchen and one bathroom
More about this property
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