Multi-Suite Office
For Sale
$499,000
327 Margie Drive, Warner Robins, GA 31088
Commercial Sale, Warner Robins, GA
Property Size2,280 SF
Lot Size0.33 Acres
Price / SF$218.86
Days on Market179
Property Features for 327 Margie Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Parking Lot
Lot features
Level
Directions
Watson Blvd to Margie Drive
Standard status
Active
APN
0W78D0 175000
Size
2,280 SF
Lot size
0.33 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
3756
Utilities
Utilities
Electricity Available
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Electric
Water source
Public
Amenities
conference room
kitchen
reception area
bathrooms
Building Details
Year built
1999
Flooring type
Tile, Carpet
Building materials
Brick
Listing Agency:
Century 21 Homes & Investments · Century 21 Real Estate
(478) 328-7721
Listed By:
Helen R Hunt · License #239612
(478) 396-7886
Added: Apr 10
Changed: Oct 4
Last Checked: Oct 5 at 4:06PM
MLS# 10732229
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.
Investment Insights
Based on property information with market context.
This 2,280-square-foot brick office building was constructed in 1999 and includes 12 offices, a large conference room, two kitchens, two reception areas, and three bathrooms. Carpet and tile flooring are installed throughout, with electric heating and cooling serving the property.
The layout includes office areas on both sides of the lower level and additional offices upstairs. The building may be divided into three separate office spaces, with three offices on each lower-level side and six offices on the upper level. Public water and public sewer serve the property, and electricity is available. The 0.33-acre site includes a parking lot.
The layout includes office areas on both sides of the lower level and additional offices upstairs. The building may be divided into three separate office spaces, with three offices on each lower-level side and six offices on the upper level. Public water and public sewer serve the property, and electricity is available. The 0.33-acre site includes a parking lot.
Key Highlights
- 12 offices with a large conference room
- Potential division into 3 separate office spaces
- 2 kitchens, 2 reception areas, and 3 bathrooms
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
Lease Details
12
Office units
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 building - Brick office property with multiple reception areas, kitchens, conference space, and a parking lot.
Where is this office building 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: 12 offices with a large conference room; Potential division into 3 separate office spaces; 2 kitchens, 2 reception areas, and 3 bathrooms
