Flex Space with Drive-Through
For Sale
$1,835,000
120 Walker Parkway, Fayetteville, GA 30214
C-3 flex property with automotive improvements, office areas, secondary workspace, and a fenced rear yard.
Property Size1,983 SF
Price / SF$229.38
Days on Market51
Property Features for 120 Walker Parkway
General Information
Standard status
Active
Size
1,983 SF
Property subtype
Commercial
Zoning
C-3
Site & Location
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Utilities to Site
Yes
Additional Details
Office Build-Out
1,200 SF
Service Bays
7
Amenities
multiple offices
kitchenette
8 bathrooms
two washer/dryer hookups
multiple entrances
0.75 acres, Corner Lot, Level, Semi Turning Available
Metal
Fenced, Privacy, Security
Septic Tank
Parcel Number: 0538 085, Annual Amount: $3,987.4, Year: 2025
Carpet, Concrete, Hardwood
Central Air, Fans
Natural Gas, Central
Listing ID: 10835584, Standard Status: Active, MLS Status: Active, On market as of 2026-08-28, 49 days on market
Covered, Parking Lot
Built in 1983, Construction Materials: Block, Concrete
County/Parish: Fayette
Resale
Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Underground Utilities, Water Available, Water Source: Public, 220 Volts, 440 Volts, 3 Phase Electricity Available
Negotiable
Accessible Entrance
Building Details
Building Size
1,983 SF
Year Built
1983
Buildings
2
Listing Agency:
Keller Williams Realty Atl. Partners
(770) 632-1112
Listed By:
Kelli Bero · License #361486
(770) 508-7098
Source:
Blackstreaminternational
Added: Aug 28
Changed: Oct 16
Last Checked: Oct 16 at 9:09AM
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 Keller Williams Realty Atl. Partners
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Investment Insights
Based on property information with market context.
This C-3 flex property includes an 8,000-square-foot primary building and a 1,500-square-foot secondary structure with power. The main building is configured for automotive operations with 7 heated service bays, 4 lifts, and a drive-through bay. More than 1,200 square feet of heated and cooled office space includes multiple offices, a kitchenette, 8 bathrooms, and two washer/dryer hookups. The additional building provides garage or workspace capacity and a 5th lift station, while the fenced rear yard supports vehicle or equipment storage. County water and a private septic system serve the property. Positioned along Georgia Highway 85, the site is next door to Starbucks and Jim 'N Nick's Bar-B-Q, with the Fayette Pavilion and new commercial construction nearby. The property has operated as an automotive repair business for more than 37 years.
Key Highlights
- 8,000‑square‑foot primary building with 80x100 dimensions
- 1,500‑square‑foot secondary building with power
- 7 heated service bays and 4 lifts, including a drive‑through bay
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$112,523
Cap Rate
6.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,250,460
$2.3M
Cap Rate 7%
$1,607,471
$1.6M
Cap Rate 9%
$1,250,256
$1.3M
Market Conditions
NOI Build-Up for 8,000 SF
Gross rent
$175.7K $21.96/SF
− Vacancy
−$14.9K −$1.87/SF
EGI
$160.7K $20.09/SF
− OpEx
−$48.2K −$6.03/SF
NOI
$112.5K $14.07/SF
Area
Fayette County, GA
Vacancy
8.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,250,460
Cap Rate 7%
$1,607,471
Cap Rate 9%
$1,250,256
Alternative Uses
Best Use
Retail
$1.61M
$1.41M – $1.88M
NOI $112,523 @ 7.0% cap · market cap 6.13%
Second Best
Office B
$1.53M
$1.34M – $1.79M
NOI $107,129 @ 7.0% cap · market cap 5.84%
Theoretical Best
Office A
$2.24M
$1.96M – $2.61M
NOI $156,541 @ 7.0% cap · market cap 8.53%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
7
Service bays
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
757
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 30214, GA
32,135
Population
12,680
Households
2.5
Avg Household Size
45
Median Age
37%
College-Educated
92%
High-School Grad
52.7 sq mi
ZIP Area
610
Density / Sq Mi
$87,138
Median Household Income
$48,400
Median Earnings
$1,599
Median Rent
$338,300
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 - C-3 flex property with automotive improvements, office areas, secondary workspace, and a fenced rear yard.
Where is this flex space located?
The property is located at 120 Walker Parkway Fayetteville, GA.
What is the asking price?
The asking price for this property is $1,835,000.
What are key features of this property?
This property features: 8,000‑square‑foot primary building with 80x100 dimensions; 1,500‑square‑foot secondary building with power; 7 heated service bays and 4 lifts, including a drive‑through bay
