M-2 Zoned Office
For Sale
$2,570,000
132 Byrd Way, Warner Robins, GA 31088
Office property with M-2 zoning, parking, and current partial occupancy.
Property Size9,588 SF
Price / SF$268.04
Days on Market80
Property Features for 132 Byrd Way
General Information
Standard status
Active
Size
9,588 SF
Zoning
M-2
Occupancy
40%
Additional Details
Highway Access
Yes
Building Details
Year Built
2016
Buildings
1
Building Size
9,588 SF
Listing Agency:
CBC Metro Brokers
Listed By:
Alex Velasco · License #375385
(404) 921-4274
Source:
Broadandmainrealestate
Added: Jul 26
Changed: Oct 8
Last Checked: Oct 7 at 5:15PM
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 CBC Metro Brokers
Investment Insights
Based on property information with market context.
This 9,588-square-foot office building at 132 Byrd Way was constructed in 2016 and carries M-2 zoning. The property is currently 40% occupied and includes on-site parking, providing an existing office configuration with additional leasable capacity.
The building is located in Warner Robins, Georgia, with access to major transportation routes and nearby shopping, dining, and essential services. The surrounding area includes the Museum of Aviation, Houston Lake Country Club, and Robins Air Force Base. Commercial, residential, and recreational uses are also represented in the broader area.
The building is located in Warner Robins, Georgia, with access to major transportation routes and nearby shopping, dining, and essential services. The surrounding area includes the Museum of Aviation, Houston Lake Country Club, and Robins Air Force Base. Commercial, residential, and recreational uses are also represented in the broader area.
Key Highlights
- 9,588 SF office building constructed in 2016
- M‑2 zoning
- Current occupancy of 40%
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$100,478
Cap Rate
3.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,009,560
$2.0M
Cap Rate 7%
$1,435,400
$1.4M
Cap Rate 9%
$1,116,422
$1.1M
Market Conditions
NOI Build-Up for 9,588 SF
Gross rent
$163.4K $17.04/SF
− Vacancy
−$29.4K −$3.07/SF
EGI
$134.0K $13.97/SF
− OpEx
−$33.5K −$3.49/SF
NOI
$100.5K $10.48/SF
Area
Houston County, GA
Vacancy
18.00%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,009,560
Cap Rate 7%
$1,435,400
Cap Rate 9%
$1,116,422
Alternative Uses
Best Use
Office B
$1.44M
$1.26M – $1.67M
NOI $100,478 @ 7.0% cap · market cap 3.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.07M
$1.81M – $2.41M
NOI $144,860 @ 7.0% cap · market cap 5.64%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
40%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,457
Businesses Nearby
Explore this area
Business Placement
Demographics for 31088, GA
57,034
Population
24,167
Households
2.4
Avg Household Size
36
Median Age
36%
College-Educated
94%
High-School Grad
29.4 sq mi
ZIP Area
1,940
Density / Sq Mi
$81,507
Median Household Income
$44,764
Median Earnings
$1,224
Median Rent
$189,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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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 - Office property with M-2 zoning, parking, and current partial occupancy.
Where is this office building located?
The property is located at 132 Byrd Way Warner Robins, GA.
What is the asking price?
The asking price for this property is $2,570,000.
What are key features of this property?
This property features: 9,588 SF office building constructed in 2016; M‑2 zoning; Current occupancy of 40%
