Office Building with Private
14 Farmer Street, Newnan, GA 30263
For Sale
$385,000
Commercial Sale, Newnan, GA
Property Size2,290 SF
Lot Size0.19 Acres
Price / SF$168.12
Days on Market279
Property Features for 14 Farmer Street
General Information
Property type
Property subtype
Parking
Parking features
Lot features
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
covered rocking chair front porch
security cameras
Building Details
Year built
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
Lindsey's Inc., Realtors
(770) 253-6990
Listed By:
Tom W Barron · License #245290
(404) 936-7422
Added: Feb 4
Changed: Oct 25
Last Checked: Nov 9 at 6:06AM
MLS# 10821639
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.
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Investment Insights
Based on property information with market context.
This one-story office building contains approximately 2,290 square feet with a waiting area, reception space, 7 private offices, a coffee and copy room, and 2 tiled restrooms. Several offices include closets. The property also has exterior and interior security cameras, a covered front porch, and a separate 20x20 storage building. Central air, forced-air heating, natural gas, public water, and public sewer serve the building. CGN zoning is in place.
A concrete parking lot provides 10 spaces, including 1 handicap-accessible space. The property is located 2.1 miles from I-85 and 1.3 miles from historic Downtown Newnan, with access to shopping, dining, and local amenities. Built in 1960, the building is suited to a range of professional office and service uses supported by its existing room configuration.
A concrete parking lot provides 10 spaces, including 1 handicap-accessible space. The property is located 2.1 miles from I-85 and 1.3 miles from historic Downtown Newnan, with access to shopping, dining, and local amenities. Built in 1960, the building is suited to a range of professional office and service uses supported by its existing room configuration.
Key Highlights
- 2,290+/- SF one‑story office building with 7 private offices
- CGN zoning with waiting room, reception area, coffee/copy room, and 2 tiled restrooms
- Concrete parking lot with 10 spaces, including 1 handicap‑accessible space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,666
Cap Rate
7.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$613,320
$613.3K
Cap Rate 7%
$438,086
$438.1K
Cap Rate 9%
$340,733
$340.7K
Market Conditions
NOI Build-Up for 2,290 SF
Gross rent
$54.7K $23.87/SF
− Vacancy
−$13.8K −$6.02/SF
EGI
$40.9K $17.85/SF
− OpEx
−$10.2K −$4.46/SF
NOI
$30.7K $13.39/SF
Area
Coweta 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%
$613,320
Cap Rate 7%
$438,086
Cap Rate 9%
$340,733
Alternative Uses
Best Use
Office B
$438.1K
$383.3K – $511.1K
NOI $30,666 @ 7.0% cap · market cap 7.97%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$640.1K
$560.1K – $746.8K
NOI $44,810 @ 7.0% cap · market cap 11.64%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
894
Businesses Nearby
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Business Placement
Demographics for 30263, GA
60,467
Population
23,792
Households
2.5
Avg Household Size
38
Median Age
31%
College-Educated
89%
High-School Grad
198.2 sq mi
ZIP Area
305
Density / Sq Mi
$79,752
Median Household Income
$44,508
Median Earnings
$1,332
Median Rent
$278,200
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - One-story commercial property with reception space, multiple offices, storage, and public utilities.
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 $385,000.
What are key features of this property?
This property features: 2,290+/- SF one‑story office building with 7 private offices; CGN zoning with waiting room, reception area, coffee/copy room, and 2 tiled restrooms; Concrete parking lot with 10 spaces, including 1 handicap‑accessible space
