Financial
Distress signals
Property profile

360 Racetrack Rd McDonough, GA 30252

FOR LEASE
Office buildings
Property ID
US22-1597780
6,048 SF 0.32 ac lot Built 2006
Last sale Mar 2016 · $472,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A 1,500-square-foot professional office space in McDonough, Georgia, set on a 0.32-acre lot, with a large covered entrance and windowed offices throughout. The interior layout includes a client waiting area with marble flooring and an adjoining receptionist area/office, two private offices, and a large conference room that can function as a third office. A break area within the conference room includes a refrigerator, microwave, and sink, and the front office features built-in bookshelves and a…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$8k
Tax billed · 2024
Assessed value$204k
Assessed land$33k
Assessed improvement$171k
Effective rate3.79%

Value estimate

· Sep 2026
$245k
$221k – $270k
Submarket $/SF estimate$837k
NOI build-up
Gross scheduled income$36k
Vacancy & credit loss−$9k
Operating expenses−$7k
NOI · 913.05% cap applied$20k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$184/SF
Submarket average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$129 – $252
Qualifying comparables3

Cap rate analysis

How does the asset earn?
913.05%
$20k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C1
JurisdictionHENRY

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service9.2
Tailor Shop8.9
Bakery8.7

Location

360 Racetrack Rd McDonough, GA 30252
County assessor Recorded deeds · 7 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
300 Racetrack, Mcdonough, GA 30252-6835 $800,000 Aug 2024 6,218 SF
840 Hwy 81st E, Mcdonough, GA 30252-2914 $2,154,000 Aug 2022 3,779 SF
3545 Hwy 81st E, Mcdonough, GA 30252-7121 $800,000 Jul 2022 3,493 SF
2200 Hwy 155th N, Mcdonough, GA 30252-4846 $6,598,300 Dec 2021 17,773 SF
65 Old Jackson, Mcdonough, GA 30252-3095 $5,309,400 Dec 2021 14,318 SF
1608 Hwy 20th E, Mcdonough, GA 30252-2717 $1,733,100 Nov 2021 3,500 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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