Newnan Office Building For
14 Farmer Street, Newnan, GA 30263
2,290 SF office building near I-85 and downtown Newnan.
Type:OFC
Property size:
2,290 SFPrice / SF:
$209/SF- Added:
- Jan 3, 2025
- Days on Market:
- 515
- Last Refresh:
- Apr 3 at 5:02 am
Property Features for 14 Farmer Street
General Information
- Standard status
- Active
- Size
- 2,290 SF
- Property subtype
- OFC
Building Details
- Year Built
- 1960
Listing agent Christian Swann License #H-46676, GA (770) 412-3126
Listing office KW Commercial (770) 412-3126
Listing date Jan 3, 2025
Source Realnex
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 KW Commercial
HighLights
- Prime location near I‑85 and downtown Newnan offering excellent visibility and accessibility.
- Versatile layout with 4‑7 private offices, reception areas, conference rooms, and a coffee room suitable for various professional uses.
- 10 dedicated parking spaces and a robust camera security system.
- Favorable SBA financing options available.
- Includes a separate 20x20 storage building for enhanced functionality.
- Ready for immediate occupancy.
Overview
This 2,290 SF one-story brick office building is located in the CGN zoning district. The property is suitable for CPA firms, real estate agencies, and law offices. The layout includes 4 to 7 private offices, reception areas, conference rooms, and a coffee room. There are 10 dedicated parking spaces and two restrooms. A camera system provides enhanced security. A separate 20x20 storage building offers additional functionality. The property is located near I-85 and downtown Newnan. It is ready for immediate occupancy.
Local 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 | $54.7k | $23.87 |
| − Vacancy | −$13.8k | −$6.02 |
| EGI | $40.9k | $17.85 |
| − OpEx | −$10.2k | −$4.46 |
| NOI | $30.7k | $13.39 |
2,290 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$438.1K
$383.3K – $511.1K
NOI $30,666 @ 7.0% cap · market cap 6.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$640.1K
$560.1K – $746.8K
NOI $44,810 @ 7.0% cap · market cap 9.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Kuntz Louis E ...
Certified Public Accountant
Location Insight
- Map
- Local Demand
- City
- Newnan
- County
- Coweta
- State
- Georgia
- Longitude
- -84.7911699
- Latitude
- 33.3835569
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - 2,290 SF office building near I-85 and downtown Newnan.
Where is this office building located?
The property is located at 14 Farmer Street Newnan, GA.
What is the asking price?
The asking price for this property is $479,000.
What are key features of this property?
This property features: Prime location near I‑85 and downtown Newnan offering excellent visibility and accessibility.; Versatile layout with **4‑7 private offices, reception areas, conference rooms**, and a coffee room suitable for various professional uses.; 10 dedicated parking spaces and a robust camera security system.
