Technical
Financial
Distress signals
Property profile

229 College St Griffin, GA 30224

OFF-MARKET
Office buildings
Property ID
US22-0876664
3,510 SF 0.3 ac lot Built 1966
Individually Owned 13-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

An approximately 1,000-square-foot office suite located in downtown Griffin on E College St. The interior layout includes two offices, two bathrooms, a reception room that can function as an additional office, and a large storage room. The space is configured with limited on-site parking. Building systems include a monitored burglar and fire alarm system, and water, sewer, and trash pickup are handled as part of the operating provisions.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1966
Construction CONCRETE
Total area 3,510 SF
Lot 0.3 ac (13,068 SF)
Zoning code CBD
APN 022 -02-008-A
UPID US22-0876664

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Counselor
  • Home Health Care Service Assisted Living Facility
  • Construction Company
  • Law Firm

Location

229 College St Griffin, GA 30224-4366
Griffin metro Census 161100 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2013
4 recorded transactions
2013
$267,000
2013
$250,000
2013
$250,000
2009
Price N/A

Zoning & alternative use

CBD · Griffin, GA
Zoning description

It shall be the intent of this zoning district to promote and encourage the development and protect the viability of the downtown commercial area of the city, The regulations which apply within this district are designed…

General category CIVIC_INSTITUTIONAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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