Flex Space with
For Sale
$439,900
101- B W Main St, Hogansville, GA 30230
Downtown commercial building combining warehouse capacity, office amenities, and a residential-style loft with central heating and air conditioning.
Property Size5,346 SF
Price / SF$82.29
Days on Market85
Property Features for 101- B W Main St
General Information
Standard status
Active
Size
5,346 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Warehouse & Industrial
Clear Height
16 ft
Office Build-Out
1,134 SF
Voltage
220 V
Building Details
Year Built
1920
Buildings
1
Building Size
5,346 SF
Listing Agency:
BHHS Georgia Properties
Listed By:
Malinda Shelley · License #232585
(404) 697-9817
Source:
Annakintown
Added: Jul 24
Changed: Oct 11
Last Checked: Oct 7 at 4:59PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BHHS Georgia Properties
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Investment Insights
Based on property information with market context.
This 5,346-square-foot flex property combines a warehouse-oriented commercial building with a 1,134-square-foot upper-level office and loft area. The main space offers 16-foot ceilings, original 1920 structural steel trolley beams, total electric service with 220V and 110V power, a commercial wet sink, dishwasher, half bath, and extensive wall outlets. Roll-up access includes openings measuring 12'2" H x 10'5" W and 13'4" H x 10'5" W, with one remote opener.
The loft includes a living room, full kitchen with stainless steel appliances and granite counters, media room with surround sound and a 120" theater screen, bedroom, laundry area, bathroom, built-in bookcase, and California Closet system. Bamboo flooring is installed in the bedroom and media room, with central heat and A/C throughout the loft. The property sits on Main Street in Hogansville's historic district, approximately 2 miles from Interstate 85 and less than 45 minutes from downtown Atlanta.
The loft includes a living room, full kitchen with stainless steel appliances and granite counters, media room with surround sound and a 120" theater screen, bedroom, laundry area, bathroom, built-in bookcase, and California Closet system. Bamboo flooring is installed in the bedroom and media room, with central heat and A/C throughout the loft. The property sits on Main Street in Hogansville's historic district, approximately 2 miles from Interstate 85 and less than 45 minutes from downtown Atlanta.
Key Highlights
- 5,346‑square‑foot flex building with a 1,134‑square‑foot office/loft area
- 16 ft. ceiling height with original 1920 structural steel trolley beams
- 220V and 110V electric service plus a dedicated 30‑amp motor home outlet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,959
Cap Rate
6.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$579,180
$579.2K
Cap Rate 7%
$413,700
$413.7K
Cap Rate 9%
$321,767
$321.8K
Market Conditions
NOI Build-Up for 5,346 SF
Gross rent
$36.7K $6.86/SF
− Vacancy
−$2.6K −$0.49/SF
EGI
$34.1K $6.37/SF
− OpEx
−$5.1K −$0.96/SF
NOI
$29.0K $5.42/SF
Area
Troup County, GA
Vacancy
7.10%
Lease Rate
$6.86 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$579,180
Cap Rate 7%
$413,700
Cap Rate 9%
$321,767
Alternative Uses
Best Use
Office B
$893.1K
$781.4K – $1.04M
NOI $62,515 @ 7.0% cap · market cap 14.21%
Second Best
Warehouse
$413.7K
$362.0K – $482.7K
NOI $28,959 @ 7.0% cap · market cap 6.58%
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M
NOI $83,732 @ 7.0% cap · market cap 19.03%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
16 ft
Clear height
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
210
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 30230, GA
9,145
Population
3,971
Households
2.3
Avg Household Size
40
Median Age
18%
College-Educated
85%
High-School Grad
139.7 sq mi
ZIP Area
65
Density / Sq Mi
$57,835
Median Household Income
$31,525
Median Earnings
$1,127
Median Rent
$170,200
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Flex space - Downtown commercial building combining warehouse capacity, office amenities, and a residential-style loft with central heating and air conditioning.
Where is this flex space located?
The property is located at 101- B W Main St Hogansville, GA.
What is the asking price?
The asking price for this property is $439,900.
What are key features of this property?
This property features: 5,346‑square‑foot flex building with a 1,134‑square‑foot office/loft area; 16 ft. ceiling height with original 1920 structural steel trolley beams; 220V and 110V electric service plus a dedicated 30‑amp motor home outlet
