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Fully Renovated Live-Work Space with OI Zoning
For Sale
$260,000

407 Highway 314, Fayetteville, GA 30214

COMMERCIAL - Fayetteville, GA

Property Size1,150 SF
Lot Size1.30 Acres
Price / SF$226.09
Days on Market105

Property Features for 407 Highway 314

General Information

Property type Commercial Sale
Property subtype Other
Lot features Level
Directions From Fayetteville, Highway 85 to North on Highway 314, Property on right.
Standard status Active
APN 0538 041
Size 1,150 SF
Lot size 1.30 Acres

Taxes and HOA fees

Tax Year 25
Tax Annual Amount 1767

Utilities

Utilities Cable Available
Sewer type Septic Tank
Heating system Electric (Heating), Central
Cooling system Central Air, Electric
Water source Public

Amenities

screened porch
stone-built grill
fenced back yard

Building Details

Year built 1963
Flooring type Laminate
Building materials Concrete
Roof type Composition
Listing Agency: Christian Real Estate Group
Listed By: Dee Christian
Added: Apr 17 Changed: Jul 30 Last Checked: Jul 30 at 8:06PM
MLS# 10736305

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.

Fully renovated live-work space offering flexible OI zoning for residential use or an approved business use. The property includes a new roof, fresh interior and exterior paint, new energy-efficient windows, and new flooring throughout. Major upgrades include a new HVAC system, a new water heater, updated bathrooms, new kitchen appliances, new light fixtures, and new blinds. Electrical updates include a new electrical panel for improved safety and capacity.

Exterior features include a screened porch for outdoor use, plus a stone-built grill. The property sits on about 1.3 acres with a fenced back yard and convenience-oriented driveway access on Highway 314. Public water and a septic tank provide service to the home, with cable available.

Built in 1963 with concrete construction, the home is approximately 1,150 square feet and includes a central electric HVAC setup with central air conditioning. A composition roof and laminate flooring are in place.

Key Highlights

  • OI zoning supporting residential or approved business use
  • New roof, new HVAC, new windows, fresh interior and exterior paint
  • Screened porch plus stone‑built grill

Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $27.5k $23.87
− Vacancy −$6.9k −$6.02
EGI $20.5k $17.85
− OpEx −$5.1k −$4.46
NOI $15.4k $13.39
1,150 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%

Alternative Uses

Best Use
Office B
$220.0K
$192.5K – $256.7K (±1% cap)
NOI $15,400 @ 7.0% cap · market cap 5.92%
Second Best
Mixed Use
$199.6K
$174.7K – $232.9K (±1% cap)
NOI $13,973 @ 7.0% cap · market cap 5.37%
Theoretical Best
Office A
$321.5K
$281.3K – $375.1K (±1% cap)
NOI $22,503 @ 7.0% cap · market cap 8.66%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Live-work space

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Veterinary Clinic Kitchen & Bath Showroom Plumbing Service Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

358
Businesses Nearby

Demographics for 30214, GA

32,135
Population
12,680
Households
2.5
Avg Household Size
45
Median Age
37%
College-Educated
92%
High-School Grad
52.7 sq mi
ZIP Area
610
Density / Sq Mi
$87,138
Median Household Income
$48,400
Median Earnings
$1,599
Median Rent
$338,300
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Live-work space - Fully renovated live-work space with OI zoning, fenced yard, screened porch, and about 200 feet of road frontage.
Where is this live-work space located?
The property is located at 407 Highway 314 Fayetteville, GA.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: OI zoning supporting residential or approved business use; New roof, new HVAC, new windows, fresh interior and exterior paint; Screened porch plus stone‑built grill
More about this property
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