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Property profile & analytics
OFF-MARKET
Office Spaces

442 Park Dr Grovetown, GA 30813

4,024 SF 0.46 ac lot Built 1995
Property ID
Property summary
AI-generated overview

This 4,024 square foot Class B office building, situated on a 0.46-acre lot in Grovetown, Georgia (zip code 30813), is available for $850,000. Built in 1995, the property boasts a 5.75% cap rate and a current NOI of $48,887. Previously used as a dialysis center, the layout features a large open area with perimeter offices. The building is currently vacant but benefits from a new roof and is undergoing tenant improvements as part of a new lease agreement. This C-2 zoned property enjoys a convenient location off I-20 at the Belair Road exit, near Fort Eisenhower and surrounded by numerous retail establishments including Cracker Barrel, McDonald's, and a Pilot Travel Center, ensuring high traffic and visibility. The property's strong location, combined with the potential for immediate income generation from a new tenant (a pharmaceutical laboratory with excellent credit), makes this an attractive investment opportunity. The tenant's lease includes a five-year initial term with three five-year renewal options. The building is a single unit structure.

Property profile
Verified
Property type Office Spaces
Year built 1995
Total area 4,024 SF
Lot 0.46 ac (20,038 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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