838 New Franklin Road, Lagrange, GA 30240
COMMERCIAL - Lagrange, GA
- Added:
- Feb 20, 2026
- Days on Market:
- 108
- Last Refresh:
- Jun 8 at 11:06 pm
Property Features for 838 New Franklin Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 0493C000061
- Size
- 4,900 SF
- Lot size
- 0.69 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 7400
Utilities
- Utilities
- Water Available
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Electric, Central Air
- Water source
- Public
Building Details
- Year built
- 2005
- Flooring type
- Carpet, Concrete, Vinyl
- Building materials
- Aluminum Siding, Block, Brick, Concrete, Frame, Glass, Stucco
- Roof type
- Metal
Listing agent David A Lock (706) 885-2428
Listing office Daniel Realty & Insurance Agency 207 Ridley Avenue, Lagrange, GA (706) 882-1848
Listing date Feb 20, 2026
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.
HighLights
- Prime corner lot location offers maximum exposure.
- Dual building investment provides flexible use potential.
- Three suites in the main building with well‑maintained interiors.
- Expansive storefront windows offer excellent street visibility and natural light.
- Ample on‑site parking available.
- Built in 2005.
Overview
Local Financial Insights For Retail
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 | $89.4k | $18.24 |
| − Vacancy | −$4.1k | −$0.84 |
| EGI | $85.3k | $17.40 |
| − OpEx | −$25.6k | −$5.22 |
| NOI | $59.7k | $12.18 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lagrange
- County
- Troup
- State
- Georgia
- Longitude
- -85.027981
- Latitude
- 33.063497
