Financial
Distress signals
Property profile

670 S 8Th St Griffin, GA 30224

FOR SALE
Medical Office Space
Property ID
US22-2751685
5,518 SF 0.52 ac lot Built 1974
Last sale Sep 2025 · $280,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property is a medical office building containing 4,558 square feet, located at 670 S 8th Street in Griffin, Georgia, within Spalding County. It is situated approximately one block from Spalding Wellstar Hospital, providing close proximity to a healthcare facility. The building has been configured for medical office use and is currently occupied by Labcorp under an existing tenancy; the tenant occupancy details specify that the landlord pays taxes and fire insurance. The building is described as being in good condition.

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 · 2023

What does the county charge?
$11k
Tax billed · 2023
Assessed value$278k
Assessed land$36k
Assessed improvement$242k
Effective rate3.86%

Value estimate

· Sep 2026
$140k
$126k – $154k
NOI build-up
Gross scheduled income$123k
Vacancy & credit loss−$13k
Operating expenses−$44k
NOI · 7.55% cap applied$66k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$115/SF
ZIP average, outlier-cleaned · 18 recorded sales of this use type
Observed band · Q1–Q3$102 – $166

Cap rate analysis

How does the asset earn?
7.55%
$66k 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?
PCD
It shall be the intent of this zoning district to promote and encourage the clustering of commercial uses which occur along arterial thor...
General categoryCOMMERCIAL
JurisdictionSPALDING

Location intelligence

Which uses thrive at this corner?
Best fit: Furniture Store
Demand index
Furniture Store9.8
Carpet & Flooring Store9.0
Catering Service8.7

Location

670 S 8Th St Griffin, GA 30224
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file 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 · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
503 8th, Griffin, GA 30224-4211 $1,300,000 Jan 2025 7,979 SF
223 College, Griffin, GA 30224-4120 $719,000 Jun 2024 6,647 SF
717 8th, Griffin, GA 30224-4818 $1,170,000 Mar 2023 5,040 SF
210 Addavale, Griffin, GA 30224-4217 $690,000 Jun 2022 3,813 SF
1107 Anne, Griffin, GA 30224-4709 $169,900 Feb 2022 4,181 SF
680 9th, Griffin, GA 30224-4216 $1,200,000 Apr 2021 6,045 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
Try Rey
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
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