Freestanding Office
For Sale
$1,100,000
809 W Bankhead Highway, Villa Rica, GA 30180
Commercial Sale, Villa Rica, GA
Property Size5,379 SF
Lot Size0.72 Acres
Price / SF$204.50
Days on Market325
Property Features for 809 W Bankhead Highway
General Information
Property type
Commercial Sale
Property subtype
Office
Parking
40
Parking features
Parking Lot
Lot features
Corner Lot
Directions
I 20 to exit 24 go south to W Bankhead take a left property on right.
Standard status
Active
APN
V02 0070003
Size
5,379 SF
Lot size
0.72 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
5769
Utilities
Utilities
Electricity Available
Sewer type
Public Sewer
Cooling system
Central Air
Water source
Public
Building Details
Year built
1989
Flooring type
Carpet
Building materials
Stucco
Roof type
Composition
Listing Agency:
Metro West Realty Group LLC
(770) 836-0042
Listed By:
Joel Morris · License #GA 292526
(770) 815-4088
Added: Nov 5, 2025
Changed: Aug 19
Last Checked: Sep 26 at 8:06PM
MLS# 10648641
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 5,379-square-foot office building occupies a 0.72-acre site along W. Bankhead Highway in Villa Rica. Built in 1989, the property features stucco construction, carpeted interiors, central air, a composition roof, and a flexible floor plan suited to office operations. A dedicated parking lot supports on-site access.
The property is located minutes from I-20 and downtown Villa Rica, with retail, dining, and service businesses in the surrounding area. Commercial and office zoning supports business use, while public water, public sewer, and available electricity serve the site.
The property is located minutes from I-20 and downtown Villa Rica, with retail, dining, and service businesses in the surrounding area. Commercial and office zoning supports business use, while public water, public sewer, and available electricity serve the site.
Key Highlights
- 5,379‑square‑foot office building on a 0.72‑acre site
- Located along W. Bankhead Highway in Villa Rica
- Minutes from I‑20 and downtown Villa Rica
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$72,031
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.55%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,440,620
$1.4M
Cap Rate 7%
$1,029,014
$1.0M
Cap Rate 9%
$800,344
$800.3K
Market Conditions
NOI Build-Up for 5,379 SF
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.
Gross rent
$128.4K $23.87/SF
− Vacancy
−$32.4K −$6.02/SF
EGI
$96.0K $17.85/SF
− OpEx
−$24.0K −$4.46/SF
NOI
$72.0K $13.39/SF
Area
Carroll County, GA
Vacancy
25.20%
Lease Rate
$23.87 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,440,620
Cap Rate 7%
$1,029,014
Cap Rate 9%
$800,344
Alternative Uses
Best Use
Office B
$1.03M
$900.4K – $1.20M
NOI $72,031 @ 7.0% cap · market cap 6.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.50M
$1.32M – $1.75M
NOI $105,255 @ 7.0% cap · market cap 9.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
308
Businesses Nearby
Explore this area
Business Placement
Demographics for 30180, GA
39,398
Population
15,447
Households
2.6
Avg Household Size
38
Median Age
26%
College-Educated
89%
High-School Grad
77.4 sq mi
ZIP Area
509
Density / Sq Mi
$88,269
Median Household Income
$44,076
Median Earnings
$1,464
Median Rent
$257,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Commercial office property with a flexible layout, on-site parking, and convenient access to I-20.
Where is this office building located?
The property is located at 809 W Bankhead Highway Villa Rica, GA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 5,379‑square‑foot office building on a 0.72‑acre site; Located along W. Bankhead Highway in Villa Rica; Minutes from I‑20 and downtown Villa Rica
