Fayetteville Office Condo For
500 W Lanier Fayetteville, GA 30214
500 W Lanier, Fayetteville, GA, 30214
$299,900
For Sale
$299,900
COMMERCIAL - Fayetteville, GA
Property Size1,848 SF
Lot Size0.03 Acres
Price / SF$162.28
Days on Market298
Property Features for 500 W Lanier
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 052318044
- Size
- 1,848 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 2417
Utilities
- Utilities
- Water Available
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2004
- Building materials
- Wood Siding
Listing Agency
Virtual Properties Realty.com
(770) 495-5050
2750 Premiere Pkwy, Ste. 200, Duluth, GA
Listed by
Jennifer Jack
(404) 849-5690
Added: Sep 22, 2025 Checked: Jul 16 at 3:06 pm
MLS# 10611181
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.
Located in Magnolia Office Park, this two-story office condo in Fayetteville, Georgia, is suitable for professional services such as IT, accounting, education, consulting, and law offices. The 1848-square-foot condo features crown molding throughout, a reception area, a conference room, four corner offices with windows, and two interior offices that can serve as break rooms or storage. It also includes a small kitchenette and an accessible bathroom. The property is within walking distance of downtown Fayetteville, which offers restaurants, a brewery, a park, and other amenities. The Property Owner's Association (POA) fee is $283 per month, covering exterior insurance, landscaping, water, and garbage services. The property, situated on a 0.027-acre lot, is located in Fayette County. The condo is suitable as an investment property and can be rented for $2200 per month.
Key Highlights
- Prime location in the heart of Fayetteville, within walking distance of downtown amenities.
- Ideal for professional services, IT, accounting, education, consulting, and law offices.
- Uniquely designed with beautiful crown moulding throughout.
Local 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 | $44.1k | $23.87 |
| − Vacancy | −$11.1k | −$6.02 |
| EGI | $33.0k | $17.85 |
| − OpEx | −$8.2k | −$4.46 |
| NOI | $24.7k | $13.39 |
1,848 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$353.5K
$309.3K – $412.5K
NOI $24,747 @ 7.0% cap · market cap 8.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$516.6K
$452.0K – $602.7K
NOI $36,161 @ 7.0% cap · market cap 12.06%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
J.Royale Events
Marketing & Advertising
RW AUTO DEALS ...
Car Dealership
Cars Ahoy Inc
Car Dealership
ACTS Therapy
Physician
SHROAK SOFTWARES
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Office condo in Fayetteville, suitable for professional services and investment.
Where is this office units located?
The property is located at 500 W Lanier Fayetteville, GA.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Prime location in the heart of Fayetteville, within walking distance of downtown amenities.; Ideal for professional services, IT, accounting, education, consulting, and law offices.; Uniquely designed with beautiful crown moulding throughout.
