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    488 Highway 81 McDonough, GA 30253

    For Sale
    Contact for pricing

    Modern Johnston County office, flexible spaces.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 9,508 square foot office building, constructed in 1998 and extensively renovated in 2021, presents a unique investment opportunity. Located in the 40/42 - Cleveland submarket of Johnston County, this Class B property boasts a convenient location near the intersection of I-40 and Hwy 42 (I-40 Exit 312), offering easy access to major transportation routes. The single-story building features five suites, adaptable for traditional office, coworking, or creative office uses, with a ceiling height of 10 feet. Ample parking is provided with 25 spaces. The property sits on a 0.8-acre lot, with a building floor area ratio (FAR) of 0.27. Enhanced security is ensured by well-lighted exterior LED soffit lighting. The building is served by Duke Energy. Its zoning is Commercial. Commuting times are easily calculated: a half-mile, four-minute drive to I-40 Exit 312; 31 miles (31 minutes) to Raleigh Durham Airport; 7 miles (12 minutes) to Main Street, Clayton, NC; and 15.8 miles (19 minutes) to Downtown Raleigh. Even Wrightsville Beach is within reach at 116 miles (1 hour, 44 minutes). Currently, one 60 sq. ft. space is available for lease. This property offers a blend of accessibility, modern amenities, and flexible space options, making it an ideal choice for a variety of businesses.

    Property Features for 488 Highway 81

    General Information

    Property type
    Land
    Lot Size
    525,334 SF

    HighLights

    • 9,508 SF single‑story office building with five suites available for lease.
    • Located in Johnston County, NC, near I‑40 Exit 312 (Hwy 42).
    • Features 25 parking spaces and a 10' ceiling height.
    • Building renovated in 2021, offering traditional, coworking, and creative office spaces.
    • 0.8‑acre lot with Duke Power.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    McDonough
    County
    Henry
    State
    Georgia
    Longitude
    -84.1751648
    Latitude
    33.447458

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    FAQs

    What type of property is this?
    Land - Modern Johnston County office, flexible spaces.
    Where is this land located?
    The property is located at 488 Highway 81 McDonough, GA.
    What are key features of this property?
    This property features: 9,508 SF single-story office building with five suites available for lease.; Located in Johnston County, NC, near I-40 Exit 312 (Hwy 42).; Features 25 parking spaces and a 10' ceiling height.
    (404) 816-1600
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    488 Highway 81 McDonough, GA 30253
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