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    Property profile & analytics

    4031 Executive Dr Oakwood, GA 30566

    • Office Properties & Spaces
    • 8,062 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Properties & Spaces

    Property Details for 4031 Executive Dr

    Year built
    2023
    Property size
    8,062 SF
    Property type
    Office Properties & Spaces
    Property subtype
    Medical offices

    Description

    This exceptional 8,062 square foot Class B medical office building, constructed in 2023, presents a unique leasing opportunity in Oakwood, Georgia. Located at 4031 Executive Drive, near the intersection of Mundy Mill Road, this single-story building features two suites, with 4,000 square feet currently available for lease. The minimum leasable space is 4,000 square feet, offering flexibility for a variety of medical or professional practices. The property sits on a substantial 1,631,844,720 square foot lot and is zoned C2. The building boasts convenient direct walk-up access to the available suite. Tenants have the opportunity to design the space to meet their specific needs, with tenant improvement allowances available based on lease terms and creditworthiness. This prime location offers excellent visibility and accessibility, situated adjacent to the future office of Sosebee & Britt Orthodontics and Longstreet Clinic Pediatrics, ensuring high foot traffic and a thriving medical community. The Hall County property (APN: 08-030-000-024) offers a rare chance to establish or expand a medical practice in a modern, well-located facility. The property's address is 4031 Executive Dr, Oakwood, GA 30566.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Oakwood
    County
    Hall
    State
    Georgia
    Longitude
    -83.877
    Latitude
    34.2408

    Comparable in this City

    • Value Estimation
      $910,000
      7,592 SF

      4220 Mundy Ml Pl

      MEDICAL BUILDING • 7,592 SF
      4220 Mundy Ml Pl, Oakwood, GA 30566-2573
      View Details
    • Value Estimation by Request
      1,600 SF

      4008 Mundy Ml Rd

      MEDICAL BUILDING • 1,600 SF
      4008 Mundy Ml Rd, Oakwood, GA 30566-2807
      View Details
    • Value Estimation
      $535,000
      4,307 SF

      4328 Mundy Ml Rd

      MEDICAL BUILDING • 4,307 SF
      4328 Mundy Ml Rd, Oakwood, GA 30566-2518
      View Details
    • Value Estimation
      $1,795,000
      15,902 SF

      4214 Fairbanks Dr

      MEDICAL BUILDING • 15,902 SF
      4214 Fairbanks Dr, Oakwood, GA 30566-2811
      View Details
    • Value Estimation
      $1,470,000
      11,872 SF

      4239 Mundy Ml Rd

      MEDICAL BUILDING • 11,872 SF
      4239 Mundy Ml Rd, Oakwood, GA 30566-2574
      View Details
    • Value Estimation by Request
      2,584 SF

      4218 Mcever Rd

      MEDICAL BUILDING • 2,584 SF
      4218 Mcever Rd, Oakwood, GA 30566-2237
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      10.84 Acres

      Oakwood Commercial Land - 10.84 Acres

      Prime Commercial/Industrial Land in Oakwood, GA
      4300 Oakwood Rd, Oakwood, GA 30566
      View Details
    • $1,649,999
      2,900 SF

      Prime Oakwood Commercial Land & Building

      14+ Acres, High Visibility, Development Potential.
      3720 Mcever Rd, Oakwood, GA 30566
      View Details
    • $399,900
      2.26 Acres

      Oakwood Commercial Land - $399,900

      2.26 Acres, High Visibility, Commercial Potential
      4108 Mcever Rd, Oakwood, GA 30566
      View Details
    • $622,500
      2.50 Acres

      Oakwood Commercial Land: Prime Location

      2.5-Acre Commercial Lot, High Traffic Area
      3638 Thurmon Tanner Pkwy, Oakwood, GA 30566
      View Details
    • $200,000
      0.69 Acres

      Oakwood Commercial Land - $200K

      0.69-acre lot, ideal office development.
      4217 Mundy Mill Pl, Oakwood, GA 30566
      View Details
    • $200,000
      0.57 Acres

      Oakwood Land: Prime 0.57 Acres

      Build your dream project on this vacant lot.
      4210 Mundy Mill Pl, Oakwood, GA 30566
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      27,000 SF

      Oakwood Retail Center - Prime Space

      High-traffic retail space available in Oakwood, GA.
      3885 Mundy Mill Rd, Oakwood, GA 30566
      View Details
    • Contact for pricing
      100,000 SF

      Lanier Oaks Logistics Center Space

      Up to 100,000 SF available for sale or lease.
      4180 Chamblee Rd, Oakwood, GA 30566
      View Details
    • Contact for pricing
      139,462 SF

      Industrial Space Available Q2 2026

      Up to 233,324 SF available in Oakwood, GA Q2 2026.
      4180 Mcbrayer Rd, Oakwood, GA 30566
      View Details
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    Oakwood, GA 30566
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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