Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    506 8th St Griffin, GA 30224-4212

    • Drug stores
    • 2,260 SF
    • 0.25 lot acres
    OFF-MARKET
    Value Estimation
    $540,000
    Last Sale
    Feb 20, 2025
    Location Intelligence
    Property ID
    US22-2626341
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Drug stores

    Property Details for 506 8th St

    Year built
    1961
    Construction
    WOOD
    Lot size
    0.25 lot acres
    Property size
    2,260 SF
    Zone code
    PCD
    Property type
    Drug stores
    APN
    023 -16-022
    APU
    2316022

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Griffin
    County
    Spalding
    State
    Georgia
    Longitude
    -84.2653
    Latitude
    33.2428
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,987
    $17,424
    $107,376
    $124,800
    -
    $43,560
    $268,440
    $312,000

    Comparable in this City

    • Value Estimation by Request
      11,220 SF

      405 Hill St

      Individual retail properties • 11,220 SF
      405 Hill St, Griffin, GA 30224
      View Details
    • Value Estimation by Request
      14,732 SF

      1655 Zebulon Rd

      DRUG STORE, PHARMACY • 14,732 SF
      1655 Zebulon Rd, Griffin, GA 30224-5155
      View Details
    • Value Estimation
      $495,000
      2,944 SF

      566 8th St

      DRUG STORE, PHARMACY • 2,944 SF
      566 8th St, Griffin, GA 30224-4212
      View Details
    • Value Estimation
      $280,000
      4,092 SF

      220 College St Ste D

      DRUG STORE, PHARMACY • 4,092 SF
      220 College St Ste D, Griffin, GA 30224-4250
      View Details
    • Value Estimation by Request
      12,217 SF

      732 Hl St

      DRUG STORE, PHARMACY • 12,217 SF
      732 Hl St, Griffin, GA 30224
      View Details
    • Value Estimation
      $475,000
      3,700 SF

      622 8th St

      DRUG STORE, PHARMACY • 3,700 SF
      622 8th St, Griffin, GA 30224-4214
      View Details

    Similar Nearby for Sale

    • $2,403,616
      11,220 SF

      Griffin, GA Walgreens Investment

      Net-lease Walgreens, strong tenant, high ROI.
      405 Hill St, Griffin, GA 30224
      View Details
    • $120,000
      960 SF

      Griffin Commercial Property For Sale

      960 SF commercial property with investment and business potential.
      733 W Poplar St, Griffin, GA 30224
      View Details
    • $115,000
      4,212 SF

      Commercial Corner Lot in Griffin

      Corner lot with commercial zoning and multi-level building.
      528 Meriwether St, Griffin, GA 30224
      View Details
    • $275,000
      1,176 SF

      Griffin Commercial Property For Sale

      All-brick building with endless possibilities in a prime location.
      220 Airport Rd, Griffin, GA 30224
      View Details
    • New
      $799,000
      4,800 SF

      Prime Commercial Property in Griffin

      High-visibility commercial property with many potential uses in a growing area.
      1302 W Taylor St, Griffin, GA 30224
      View Details
    • $599,000
      1.09 Acres

      Griffin Retail Investment Opportunity

      High-traffic location, 1.09 acres, 1400 sq ft home.
      1640 Zebulon Rd, Griffin, GA 30224
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,600 SF

      Freestanding Building with Drive-Thru

      Freestanding building with drive-thru and ample parking available for rent.
      1101 Ethridge Mill Rd, Griffin, GA 30224
      View Details
    • $1,500 /Mo
      1,450 SF

      Freestanding Office Building For Rent

      Freestanding professional office building near Griffin Hospital, ready to move.
      434 S 8Th St, Griffin, GA 30224
      View Details
    • $295 SF/Yr
      8,980 SF

      Office Suites For Lease

      Individual office suites available for lease in Griffin, Georgia.
      327 S 9Th St, Griffin, GA 30224
      View Details
    • $2,250 /Mo
      1,800 SF

      Griffin Medical Space For Lease

      Medical office space for lease near Wellstar Spalding Hospital.
      602 S 8Th St, Griffin, GA 30224
      View Details
    • $2,500 /Mo
      1,740 SF

      Renovated Office Building For Lease

      Furnished, renovated office building with multiple private offices available for lease.
      927 S Hill St, Griffin, GA 30224
      View Details
    • $1,000 /Mo
      1,000 SF

      Downtown Griffin Office Space Available

      Lease opportunity: approximately 1000 sq ft in downtown Griffin.
      229 E College St Unit, Griffin, GA 30224
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    506 8th St
    Griffin, GA 30224-4212
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.