Medical Office Building with Private
For Sale
$695,000
104 Harwell Ave, Lagrange, GA 30240
Versatile medical or professional office setup with private entrance, waiting area, multiple private offices, and ample parking.
Property Size3,575 SF
Price / SF$194.41
Days on Market142
Property Features for 104 Harwell Ave
General Information
Standard status
Active
Size
3,575 SF
Additional Details
Office Units
12
Building Details
Year Built
1973
Listing Agency:
Go Realty
Listed By:
Angela Cotton · License #248069
(706) 957-1699
Source:
Annakintown
Added: Jun 16
Changed: Oct 25
Last Checked: Oct 7 at 5:02PM
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 Go Realty
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Investment Insights
Based on property information with market context.
This versatile medical office building offers 24 total rooms and 12 private offices, supported by 6.5 bathrooms designed for staff and client convenience. The interior includes a large welcoming waiting area, an executive manager’s suite, a dedicated meeting room, and a large conference room, along with a call-center room featuring a built-in computer workstation. The space is equipped with built-ins and finishes that include granite and tile. A kitchen area includes a refrigerator, sink, dishwasher, and a coffee station. The property also features a high-speed wireless internet setup and a 6-zone HVAC system with remote smartphone control. A private entrance and a front public entrance provide separation of access for different workflows.
Located in LaGrange, the building is supported by front and side parking lots, providing substantial parking for staff, clients, and visitors.
The configuration supports a range of professional uses, including medical office use, real estate and insurance functions, or corporate workspace. The layout accommodates multiple work styles with both private offices and larger rooms for meetings and conferences. The property is available for occupancy or for leasing office space, with a separate building noted as previously leased.
Located in LaGrange, the building is supported by front and side parking lots, providing substantial parking for staff, clients, and visitors.
The configuration supports a range of professional uses, including medical office use, real estate and insurance functions, or corporate workspace. The layout accommodates multiple work styles with both private offices and larger rooms for meetings and conferences. The property is available for occupancy or for leasing office space, with a separate building noted as previously leased.
Key Highlights
- 24 total rooms with 12 private offices, executive manager suite, meeting room, and large conference room
- 6.5 bathrooms plus a large waiting area for staff and client convenience
- Call/center room with built‑in computer workstation and dedicated kitchen with refrigerator, sink, dishwasher, and coffee station
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,995
Cap Rate
6.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$839,900
$839.9K
Cap Rate 7%
$599,929
$599.9K
Cap Rate 9%
$466,611
$466.6K
Market Conditions
NOI Build-Up for 3,575 SF
Gross rent
$75.5K $21.12/SF
− Vacancy
−$5.5K −$1.54/SF
EGI
$70.0K $19.58/SF
− OpEx
−$28.0K −$7.83/SF
NOI
$42.0K $11.75/SF
Area
Troup County, GA
Vacancy
7.30%
Lease Rate
$21.12 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$839,900
Cap Rate 7%
$599,929
Cap Rate 9%
$466,611
Alternative Uses
Best Use
Healthcare Medical
$599.9K
$524.9K – $699.9K
NOI $41,995 @ 7.0% cap · market cap 6.04%
Second Best
Office B
$597.2K
$522.6K – $696.8K
NOI $41,805 @ 7.0% cap · market cap 6.02%
Theoretical Best
Office A
$799.9K
$699.9K – $933.2K
NOI $55,994 @ 7.0% cap · market cap 8.06%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
12
Office units
Location Intelligence
Trade Area within ½ mile
1,151
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 30240, GA
30,119
Population
12,782
Households
2.4
Avg Household Size
39
Median Age
28%
College-Educated
88%
High-School Grad
139.6 sq mi
ZIP Area
216
Density / Sq Mi
$59,521
Median Household Income
$40,611
Median Earnings
$1,035
Median Rent
$221,800
Median Home Value
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Versatile medical or professional office setup with private entrance, waiting area, multiple private offices, and ample parking.
Where is this medical office space located?
The property is located at 104 Harwell Ave Lagrange, GA.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 24 total rooms with 12 private offices, executive manager suite, meeting room, and large conference room; 6.5 bathrooms plus a large waiting area for staff and client convenience; Call/center room with built‑in computer workstation and dedicated kitchen with refrigerator, sink, dishwasher, and coffee station
