Industrial
1654 Lukken Industrial Dr W, Lagrange, GA 30240
For Sale
New
$900,000
Industrial zoning and a 1995 building are located within an established industrial area.
Property Size9,430 SF
Lot Size2.57 Acres
Price / SF$95.44
Days on Market6
Property Features for 1654 Lukken Industrial Dr W
General Information
Standard status
Size
Lot size
Property subtype
Building Details
Year Built
Listing Agency:
Pioneer Realty Group
Listed By:
Ally Graham · License #435152
(662) 816-7359
Source:
Ginesandburnsed.searchhomesinsavannah
Added: Nov 2
Changed: Nov 4
Last Checked: Nov 6 at 9:05AM
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 Pioneer Realty Group
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Investment Insights
Based on property information with market context.
The industrial property contains a 9,430-square-foot building on 2.57 acres. Constructed in 1995, the site is industrial-zoned. It is located in an established industrial area in LaGrange, Georgia.
Key Highlights
- 9,430‑square‑foot industrial building
- 2.57‑acre site
- Built in 1995
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,068
Cap Rate
4.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$841,360
$841.4K
Cap Rate 7%
$600,971
$601.0K
Cap Rate 9%
$467,422
$467.4K
Market Conditions
NOI Build-Up for 9,430 SF
Gross rent
$64.7K $6.86/SF
− Vacancy
−$4.6K −$0.49/SF
EGI
$60.1K $6.37/SF
− OpEx
−$18.0K −$1.91/SF
NOI
$42.1K $4.46/SF
Area
Troup County, GA
Vacancy
7.10%
Lease Rate
$6.86 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$841,360
Cap Rate 7%
$600,971
Cap Rate 9%
$467,422
Alternative Uses
Best Use
Industrial
$601.0K
$525.9K – $701.1K
NOI $42,068 @ 7.0% cap · market cap 4.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.11M
$1.85M – $2.46M
NOI $147,698 @ 7.0% cap · market cap 16.41%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
147
Businesses Nearby
Explore this area
Business Placement
Demographics for 30240, GA
30,119
Population
12,782
Households
2.4
Avg Household Size
39
Median Age
28%
College-Educated
88%
High-School Grad
139.6 sq mi
ZIP Area
216
Density / Sq Mi
$59,521
Median Household Income
$40,611
Median Earnings
$1,035
Median Rent
$221,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Industrial properties in Lagrange, GA
Properties on Market for Industrial properties in Lagrange
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Industrial property - Industrial zoning and a 1995 building are located within an established industrial area.
Where is this industrial property located?
The property is located at 1654 Lukken Industrial Dr W Lagrange, GA.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 9,430‑square‑foot industrial building; 2.57‑acre site; Built in 1995
