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38 Macon St 2,525 SF 100% Leased Office Building McDonough, GA 30253 $540,000 ($213.86/SF) 8.30% Cap Rate
Investment Highlights
- On the town square of McDonough, GA. Very visible. Provides a lifestyle workplace.
- open plan with exposed brick walls.
- Large windows in front providing natural light.
Executive Summary
Building is a completely renovated historic building on the town square of McDonough, Ga. It is currently owner occupied. Owner renovated. All new wiring/plumbing. Exposed brick. TPO roofing. Exposed spiral duct system. 4 offices, Gym, Shower, Kitchen, 2 bathrooms, storage.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Building Size
2,525 SF
Building Class
B
Year Built/Renovated
1900/2017
Price
$540,000
Price Per SF
$213.86
Cap Rate
8.30%
NOI
$44,800
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,525 SF
Building FAR
0.97
Lot Size
0.06 AC
Zoning
C2 - Excellent location for office space, retail, etc.
Amenities
- 24 Hour Access
- Accent Lighting
- Central Heating
- Fully Carpeted
- Partitioned Offices
- Air Conditioning
- Smoke Detector
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 2,500 SF | Office | Full Build-Out | Sep 2026 |
1st Floor
| Size |
| 2,500 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Sep 2026 |
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Floor
| Size | 2,500 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Sep 2026 |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 0M20-02-005-000 | Total Assessment | $166,760 |
| Land Assessment | $15,680 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $151,080 | Tax Year | 2025 |
Property Taxes
Parcel Number
0M20-02-005-000
Land Assessment
$15,680
Improvements Assessment
$151,080
Total Assessment
$166,760
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
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38 MACON STREET
38 Macon St
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