Brick Office
For Sale
$690,000
1920 Highway 54, Peachtree City, GA 30269
Commercial Sale, Peachtree City, GA
Property Size1,689 SF
Lot Size2.10 Acres
Price / SF$408.53
Days on Market9
Property Features for 1920 Highway 54
General Information
Property type
Commercial Sale
Property subtype
Office
Parking
9
Parking features
Parking Lot, Covered
Fencing
Chain Link
Accessibility
Accessible Approach with Ramp
Lot features
Level
Directions
GPS .
Standard status
Active
APN
0719 006
Size
1,689 SF
Lot size
2.10 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
3136
Utilities
Utilities
Electricity Available
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
private bathroom
kitchen area
glass porch
handicap bathroom
Building Details
Year built
1957
Flooring type
Laminate, Tile, Hardwood
Building materials
Brick
Roof type
Composition
Listing Agency:
Coldwell Banker Spinks Brown · Coldwell Banker Real Estate
(706) 884-5681
Listed By:
Ben Yates · License #115513
(706) 333-1122
Added: Sep 11
Changed: Sep 14
Last Checked: Sep 19 at 7:06PM
MLS# 10845811
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.
Investment Insights
Based on property information with market context.
This 1,689-square-foot office property sits on 2.1 acres along Highway 54, just east of Peachtree City. The brick structure, built in 1957, includes six rooms, a kitchen area, a glass-enclosed porch, and a private bathroom in one room. Flooring includes hardwood, laminate, and tile, with central heating and central air conditioning.
The site provides nine asphalt parking spaces, including one single-car carport, along with a two-car garage. Additional features include an accessible approach with ramp, a handicap bathroom, chain-link fencing, electricity availability, public water, and septic service. The roof is composition shingle.
The site provides nine asphalt parking spaces, including one single-car carport, along with a two-car garage. Additional features include an accessible approach with ramp, a handicap bathroom, chain-link fencing, electricity availability, public water, and septic service. The roof is composition shingle.
Key Highlights
- 1,689‑square‑foot brick office building on 2.1 acres
- Six rooms, including one with a private bathroom
- Nine asphalt parking spaces, one single‑car carport, and a two‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$22,618
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.28%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$452,360
$452.4K
Cap Rate 7%
$323,114
$323.1K
Cap Rate 9%
$251,311
$251.3K
Market Conditions
NOI Build-Up for 1,689 SF
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.
Gross rent
$40.3K $23.87/SF
− Vacancy
−$10.2K −$6.02/SF
EGI
$30.2K $17.85/SF
− OpEx
−$7.5K −$4.46/SF
NOI
$22.6K $13.39/SF
Area
Fayette 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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$452,360
Cap Rate 7%
$323,114
Cap Rate 9%
$251,311
Alternative Uses
Best Use
Office B
$323.1K
$282.7K – $377.0K
NOI $22,618 @ 7.0% cap · market cap 3.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$472.1K
$413.1K – $550.8K
NOI $33,050 @ 7.0% cap · market cap 4.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
131
Businesses Nearby
Explore this area
Business Placement
Demographics for 30269, GA
39,481
Population
16,089
Households
2.5
Avg Household Size
44
Median Age
60%
College-Educated
97%
High-School Grad
26.2 sq mi
ZIP Area
1,507
Density / Sq Mi
$111,093
Median Household Income
$60,000
Median Earnings
$1,910
Median Rent
$459,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Existing office improvements with private and accessible restroom facilities, kitchen space, and covered parking.
Where is this office building located?
The property is located at 1920 Highway 54 Peachtree City, GA.
What is the asking price?
The asking price for this property is $690,000.
What are key features of this property?
This property features: 1,689‑square‑foot brick office building on 2.1 acres; Six rooms, including one with a private bathroom; Nine asphalt parking spaces, one single‑car carport, and a two‑car garage
