6.3 Acres of
For Sale
Contact for pricing
150 Old Hwy 138, Fayetteville, GA 30214
6.3 acres of land available for sale.
Property Size1,700 SF
Lot Size6.30 Acres
Price / SF$264.71
Days on Market147
Property Features for 150 Old Hwy 138
General Information
Standard status
Active
Size
1,700 SF
Lot size
6.30 Acres
Property subtype
Land, Mixed Use, Multifamily, Office
Building Details
Year Built
1950
Listing Agency:
Atlanta Communities
(404) 642-1387
Listed By:
Cristi Palmer · License #GA 369204
Source:
Crexi
Added: Mar 5
Changed: Jul 10
Last Checked: Jul 27 at 8:20PM
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 Atlanta Communities
Investment Insights
Based on property information with market context.
This property features 6.3 acres of land. The property size is 1700 square feet. It is classified as land, mixed-use, residential income, and office property, as well as other land, mixed-use, residential income, and office property types. The property is for sale.
Key Highlights
- 6.3 acres of land
- Built in 1950
Financial Insights For Apartment 5plus
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 | $44.3k | $26.04 |
| − Vacancy | −$2.7k | −$1.61 |
| EGI | $41.5k | $24.43 |
| − OpEx | −$18.7k | −$10.99 |
| NOI | $22.8k | $13.43 |
1,700 SF · lease $26.04/SF/yr · vacancy 6.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$326.3K
$285.5K – $380.6K
NOI $22,838 @ 7.0% cap · market cap 5.08%
Second Best
Office B
$325.2K
$284.6K – $379.4K
NOI $22,765 @ 7.0% cap · market cap 5.06%
Theoretical Best
Office A
$475.2K
$415.8K – $554.4K
NOI $33,265 @ 7.0% cap · market cap 7.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
183
Businesses Nearby
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
Market
Properties on Market for Land in Fayetteville
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Land - 6.3 acres of land available for sale.
Where is this land located?
The property is located at 150 Old Hwy 138 Fayetteville, GA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 6.3 acres of land; Built in 1950
