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Property profile & analytics
OFF-MARKET
Office buildings
1121 Zebulon Rd Griffin, GA 30224-5161
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US22-4441684
Property summary
AI-generated overview
This exceptional 1.970 sq ft commercial property in Griffin, GA, presents a remarkable investment opportunity. Situated on a 1.24-acre lot with ample parking and outdoor lighting, this single-story, Class B building boasts C-2 zoning, allowing for diverse uses including pharmacy, restaurant, or storefront. Built in 2008, the property offers high visibility due to its strategic location near major highways (Hwy 16, Hwy 19/41) and Griffin/Spalding Airport. The asking price is $560,000 ($284.26/sq ft). All utilities are in place. The owner is open to a long-term lease with negotiable terms. This property is ideal for owner-users seeking a versatile space with excellent accessibility and high traffic potential. Its adaptable layout and prime location make it a perfect fit for a variety of businesses. Don't miss this chance to establish your business in a thriving commercial hub.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2008
Construction
WOOD
Total area
1,970 SF
Lot
1.05 ac (45,738 SF)
Zoning code
PCD
APN
044C-02-006
UPID
US22-4441684
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
Current use
Occupant on record · Public records
-
Oasis Tobacco & Vape (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Zebulon Ventures LLC · 1 yrs held
Zebulon Ventures LLC
since 2025
Last sale
$375,000
7 recorded transactions
Zoning & alternative use
PCD · Griffin, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Griffin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Griffin submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$6,116
Tax year 2023
Assessed value
$158,520
Assessed 2023
Previous assessed
$158,520
+0.0% YoY
Effective rate
3.86%
On assessed value
Assessed land
$25,750
Assessed improvement
$132,770
Land market value
$64,375
Improvement market value
$331,925
Total market value
$396,300
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2008
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Rooms
6
Bathrooms
1
Total area
1,970 SF
Lot
1.05 ac (45,738 SF)
Zoning code
PCD
APN
044C-02-006
UPID
US22-4441684
Jurisdiction
SPALDING
Zoning & alternative use
PCD · Griffin, GA
Zoning PCD · permitted uses
PCD · Griffin, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Griffin. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2008
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Rooms
6
Bathrooms
1
Lot
1.05 ac
Current owner
From public records · entity-resolved
Zebulon Ventures LLC
Entity
Mailing address
203 CHADMORE LN, TYRONE, GA 30290-1572
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 2, 2025
$500,000
Zebulon Ventures LLC
Kk Zebulon LLC
Deed
$375,000 · First State Bank Of Blakely
Nov 1, 2022
$375,000
Kk Zebulon LLC
Stone Oak Holdings LLC
Warranty Deed
$318,750 · Bank Ozk
Sep 19, 2019
$215,000
Stone Oak Holdings LLC
Carter,paul & Sharon
Warranty Deed
related
$182,750 · Centerstate Bk NA
Oct 20, 2008
$187,000
Paul Carter
Steve W Moore
Deed
$129,305 · First Bk/pike
Oct 10, 2008
$187,000
Paul Carter
Moore,steve W
Grant Deed
$129,305 · First Bank Pike
Jun 29, 2005
$50,000
Steve W Moore
Bush,w C JR
Warranty Deed
$150,000 · Regions Bank
—
—
W C Hugh JR.
—
Deed Of Trust
related
$26,217 · United Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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