442 Park Dr Grovetown, GA 30813
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.