Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    316 N Lewis St Lagrange, GA 30240

    View on Map
    Sponsored
    For Lease
    $8,500 /Mo ($12 SF/Yr)

    COMMERCIAL - Lagrange, GA

    Property size:
    8,468 SF
    Lot size:
    0.47 Acres
    Days on Market:
    1
    Last Refresh:
    Mar 14 at 5:06 am

    Property Features for 316 N Lewis St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    APN
    0614A008001
    Parking features
    Parking Lot
    Size
    8,468 SF
    Lot size
    0.47 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1959
    Building materials
    Block

    We can help!

    Listing Contact
    Jared T Jones
    Jared T Jones

    J.T. Jones & Associates Realty, Inc (706) 883-6123

    Listing agent Jared T Jones (706) 883-6123

    Listing date Mar 14, 2026

    MLS# 10709709

    Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Downtown LaGrange Retail Space

    This commercial space is located in downtown LaGrange and offers multiple layout options to suit various space requirements. The property benefits from ample parking. It is located near Sweetland Amphitheater at Boyd Park. The space will be available starting July 1, 2026. The lot size is 0.47 acres. The property encompasses 8,468 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Building Blocks Behavioral ... Physician Building Blocks Behavioral ... Rehabilitation Center Comprehensive Search Employment Agency Statewide Mortgage Loan Service Renewed Church Church

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lagrange
    County
    Troup
    State
    Georgia
    Longitude
    -85.033166
    Latitude
    33.043035

    Nearby Similar for Lease

    • $750 /Mo
      18,321 SF

      Historical Building in Downtown LaGrange

      Suites available in a historical building near the courthouse.
      119 Ridley Ave, Lagrange, GA 30240
      View Details
    • $2,500 /Mo
      18,321 SF

      Historic Building in Downtown LaGrange

      Restored historic building with suites and offices for rent.
      119 Ridley Ave, Lagrange, GA 30240
      View Details
    • $2,950 /Mo
      1,550 SF

      Updated Office Space in Lagrange

      Updated office space in the heart of Lagrange, Georgia.
      208 Smith St, Lagrange, GA 30240
      View Details
    • $6,500 /Mo
      10,000 SF

      Lagrange Industrial Warehouse For Lease

      Industrial warehouse or manufacturing building for lease in Lagrange.
      1504 Orchard Hill Rd, Lagrange, GA 30240
      View Details
    • $1,250 /Mo
      10,890 SF

      Downtown Lagrange Office Suite

      Professional office suite for lease in downtown Lagrange, Georgia.
      101 New Franklin Rd Unit Office, Lagrange, GA 30240
      View Details
    • $6 SF/Yr

      LaGrange Industrial Building For Lease

      53,700 SF industrial building with office space available for lease.
      210 Lukken Industrial Dr E, Lagrange, GA 30241
      View Details
    • $6 SF/Yr

      LaGrange Industrial Building For Lease

      53,700 SF industrial building with office space in LaGrange, GA.
      210 Lukken Industrial Dr E, Lagrange, GA 30241
      View Details
    • Contact for pricing

      New Industrial Buildings For Lease

      Two new 45,000 SF industrial buildings for lease.
      1921 Greenville Rd, Lagrange, GA 30241
      View Details
    • Contact for pricing

      New Industrial Buildings Near I-85

      Two 45,000 SF industrial buildings for lease near I-85.
      1921 Greenville Rd, Lagrange, GA 30241
      View Details
    • Contact for pricing

      LaGrange Warehouse Space Available

      Industrial warehouse space for lease in LaGrange, Georgia.
      506 Pegasus Pkwy, Lagrange, GA 30240
      View Details
    • Contact for pricing

      LaGrange Warehouse Space Available

      Industrial warehouse space for lease in LaGrange, Georgia.
      506 Pegasus Pkwy, Lagrange, GA 30240
      View Details
    • Contact for pricing

      LaGrange Warehouse Space Available

      190,000 SF warehouse space for lease near I-85.
      1475 South Davis Rd, Lagrange, GA 30241
      View Details

    FAQs

    What type of property is this?
    Retail space - Spacious retail property in downtown LaGrange, available July 2026.
    Where is this retail space located?
    The property is located at 316 N Lewis St Lagrange, GA.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Prime downtown LaGrange location.; - Ample parking available.; - Flexible interior space options.
    (706) 883-6123
    Request Owner's contact information
    316 N Lewis St Lagrange, GA 30240
    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.
    316 N Lewis St
    Lagrange, GA 30240
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    316 N Lewis St Lagrange, GA 30240
    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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Jared T Jones
    Jared T Jones
    Real Estate License ID: 134913
    (706) 883-6123 (706) 333-7202 (706) 333-0600
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!