Multi-Suite Office
For Sale
$499,000
327 Margie Drive, Warner Robins, GA 31088
COMMERCIAL, Warner Robins, GA
Property Size2,280 SF
Lot Size0.33 Acres
Price / SF$218.86
Days on Market176
Property Features for 327 Margie Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C2
Subdivision
Watson Blvd. South to 96
Standard status
Active
Size
2,280 SF
Lot size
0.33 Acres
Utilities
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air
Listing Agency:
CENTURY 21 HOMES & INVESTMENTS · Century 21 Real Estate
(478) 328-7721
Listed By:
Helen Hunt · License #239612
(478) 396-7886
Added: Apr 13
Changed: Oct 1
Last Checked: Oct 5 at 9:06PM
MLS# 262279
Copyright © 2026 Central Georgia MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This two-level office property contains 2,280 square feet with 12 offices, a large downstairs conference room, and reception and kitchen areas on both floors. Three bathrooms serve the building, and the layout includes offices on each level.
The configuration may support division into three office areas: two groups of three offices downstairs and a six-office arrangement upstairs with a kitchen and bathroom. The property occupies 0.33 acres and carries C2 zoning. Central electric heating and central air conditioning serve the building.
The configuration may support division into three office areas: two groups of three offices downstairs and a six-office arrangement upstairs with a kitchen and bathroom. The property occupies 0.33 acres and carries C2 zoning. Central electric heating and central air conditioning serve the building.
Key Highlights
- 2,280 square feet of office space on two levels
- 12 offices with a large conference room
- Potential division into three separate office areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,893
Cap Rate
4.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$477,860
$477.9K
Cap Rate 7%
$341,329
$341.3K
Cap Rate 9%
$265,478
$265.5K
Market Conditions
NOI Build-Up for 2,280 SF
Gross rent
$38.9K $17.04/SF
− Vacancy
−$7.0K −$3.07/SF
EGI
$31.9K $13.97/SF
− OpEx
−$8.0K −$3.49/SF
NOI
$23.9K $10.48/SF
Area
Houston County, GA
Vacancy
18.00%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$477,860
Cap Rate 7%
$341,329
Cap Rate 9%
$265,478
Alternative Uses
Best Use
Office B
$341.3K
$298.7K – $398.2K
NOI $23,893 @ 7.0% cap · market cap 4.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$492.1K
$430.6K – $574.1K
NOI $34,447 @ 7.0% cap · market cap 6.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,359
Businesses Nearby
Explore this area
Business Placement
Demographics for 31088, GA
57,034
Population
24,167
Households
2.4
Avg Household Size
36
Median Age
36%
College-Educated
94%
High-School Grad
29.4 sq mi
ZIP Area
1,940
Density / Sq Mi
$81,507
Median Household Income
$44,764
Median Earnings
$1,224
Median Rent
$189,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office units - Office property with conference, reception, kitchen, and restroom areas across two levels, with C2 zoning.
Where is this office units located?
The property is located at 327 Margie Drive Warner Robins, GA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 2,280 square feet of office space on two levels; 12 offices with a large conference room; Potential division into three separate office areas
