Fully Renovated Office
New
For Sale
$400,000
11040 Veterans Memorial Highway, Lithia Springs, GA 30122
COMMERCIAL - Lithia Springs, GA
Property Size1,200 SF
Lot Size0.62 Acres
Price / SF$333.33
Days on Market2
Property Features for 11040 Veterans Memorial Highway
General Information
Property type
Commercial Sale
Property subtype
Office
Parking
10
Parking features
Parking Lot
Fencing
Fenced
Accessibility
Accessible Approach with Ramp
Lot features
Level
Directions
Please use GPS.
Standard status
Active
APN
0360182 00004
Size
1,200 SF
Lot size
0.62 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
1733
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1949
Flooring type
Laminate
Listing Agency:
Fathom Realty GA, LLC
(888) 455-6040
Listed By:
Dionne Cooper-Robertson
(470) 922-0142
Added: Jul 31
Changed: Aug 1
Last Checked: Aug 1 at 10:06AM
MLS# 10816548
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.
Position your business for success with this fully renovated office building at 11040 Veterans Memorial Highway in Lithia Springs, GA. The property includes a 0.62-acre lot and an approximately 1,200-square-foot building configured to support business operations, with existing interior finishes such as laminate flooring.
The site is set up for customer and staff access with a parking lot and an accessible approach with a ramp. The property was built in 1949 and is served by central heating and central air for year-round climate control. A fenced site adds an additional layer of separation for day-to-day operations.
Utility service includes public water and a septic tank, with cable available. The property also benefits from convenient connectivity, with the location described as just minutes from Interstate 20 and within reach of the West Metro area, Downtown Atlanta, and Hartsfield-Jackson Atlanta International Airport.
The site is set up for customer and staff access with a parking lot and an accessible approach with a ramp. The property was built in 1949 and is served by central heating and central air for year-round climate control. A fenced site adds an additional layer of separation for day-to-day operations.
Utility service includes public water and a septic tank, with cable available. The property also benefits from convenient connectivity, with the location described as just minutes from Interstate 20 and within reach of the West Metro area, Downtown Atlanta, and Hartsfield-Jackson Atlanta International Airport.
Key Highlights
- 0.62‑acre lot with an approximately 1,200‑square‑foot office building
- Fully renovated office building at 11040 Veterans Memorial Highway in Lithia Springs, GA
- Central heating and central air
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 | $28.6k | $23.87 |
| − Vacancy | −$7.2k | −$6.02 |
| EGI | $21.4k | $17.85 |
| − OpEx | −$5.4k | −$4.46 |
| NOI | $16.1k | $13.39 |
1,200 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$229.6K
$200.9K – $267.8K
NOI $16,069 @ 7.0% cap · market cap 4.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$335.4K
$293.5K – $391.4K
NOI $23,481 @ 7.0% cap · market cap 5.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
119
Businesses Nearby
Explore this area
Business Placement
Demographics for 30122, GA
24,044
Population
11,679
Households
2.1
Avg Household Size
36
Median Age
33%
College-Educated
89%
High-School Grad
24.7 sq mi
ZIP Area
973
Density / Sq Mi
$64,072
Median Household Income
$41,835
Median Earnings
$1,496
Median Rent
$225,000
Median Home Value
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 - Renovated office building with central HVAC, laminate flooring, a parking lot, fenced site, and accessible ramp approach.
Where is this office building located?
The property is located at 11040 Veterans Memorial Highway Lithia Springs, GA.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 0.62‑acre lot with an approximately 1,200‑square‑foot office building; Fully renovated office building at 11040 Veterans Memorial Highway in Lithia Springs, GA; Central heating and central air
