Brick Office Building on
For Sale
$869,000
120 Millbrook Village Drive, Tyrone, GA 30290
Commercial Sale, Tyrone, GA
Property Size4,850 SF
Lot Size2.45 Acres
Price / SF$179.18
Days on Market135
Property Features for 120 Millbrook Village Drive
General Information
Property type
Commercial Sale
Property subtype
Office
Parking
9
Parking features
Parking Lot
Security features
Security
Lot features
Business Park, Level
Directions
GPS friendly
Standard status
Active
APN
0726 058
Size
4,850 SF
Lot size
2.45 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
8274
Utilities
Utilities
Electricity Available
Sewer type
Public Sewer
Heating system
Electric (Heating), Zoned, Central
Cooling system
Central Air, Zoned, Electric
Water source
Public
Building Details
Year built
2007
Flooring type
Laminate, Tile, Carpet
Building materials
Brick
Roof type
Composition
Listing Agency:
Josey Young & Brady Realty
(770) 683-1800
Listed By:
Keith Brady · License #163547
(770) 328-3659
Added: May 26
Changed: Sep 12
Last Checked: Oct 7 at 8:06AM
MLS# 10785941
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 4,850-square-foot office building was constructed in 2007 and occupies 2.45 acres in Tyrone, Georgia. Brick construction, laminate, tile, and carpet flooring provide varied interior finishes, while central electric heating and cooling are configured with zoned controls. The property includes a paved parking lot and a composition roof.
Located at 120 Millbrook Village Drive, the property has access to electricity, public water, and public sewer service. Its office classification and existing building improvements support continued commercial office use, subject to applicable requirements. The site is within Fayette County and carries a Tyrone, GA 30290 mailing address.
Located at 120 Millbrook Village Drive, the property has access to electricity, public water, and public sewer service. Its office classification and existing building improvements support continued commercial office use, subject to applicable requirements. The site is within Fayette County and carries a Tyrone, GA 30290 mailing address.
Key Highlights
- 4,850‑square‑foot office building on 2.45 acres
- Built in 2007 with brick construction
- Central electric heating and cooling with zoned controls
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,947
Cap Rate
7.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,298,940
$1.3M
Cap Rate 7%
$927,814
$927.8K
Cap Rate 9%
$721,633
$721.6K
Market Conditions
NOI Build-Up for 4,850 SF
Gross rent
$115.8K $23.87/SF
− Vacancy
−$29.2K −$6.02/SF
EGI
$86.6K $17.85/SF
− OpEx
−$21.6K −$4.46/SF
NOI
$64.9K $13.39/SF
Area
Fayette 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 Rate 5%
$1,298,940
Cap Rate 7%
$927,814
Cap Rate 9%
$721,633
Alternative Uses
Best Use
Office B
$927.8K
$811.8K – $1.08M
NOI $64,947 @ 7.0% cap · market cap 7.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.36M
$1.19M – $1.58M
NOI $94,903 @ 7.0% cap · market cap 10.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
349
Businesses Nearby
Explore this area
Business Placement
Demographics for 30290, GA
9,256
Population
3,542
Households
2.6
Avg Household Size
43
Median Age
57%
College-Educated
95%
High-School Grad
17.9 sq mi
ZIP Area
517
Density / Sq Mi
$122,738
Median Household Income
$70,078
Median Earnings
$795
Median Rent
$417,000
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?
Office building - Commercial office property with paved parking, multiple finish types, and public water and sewer service.
Where is this office building located?
The property is located at 120 Millbrook Village Drive Tyrone, GA.
What is the asking price?
The asking price for this property is $869,000.
What are key features of this property?
This property features: 4,850‑square‑foot office building on 2.45 acres; Built in 2007 with brick construction; Central electric heating and cooling with zoned controls
