Office Building with
New
For Sale
$690,000
1920 Highway 54 West, Peachtree City, GA 30269
Existing office property with flexible interior rooms, parking, and a level site for continued use or redevelopment.
Property Size1,689 SF
Days on Market4
Property Features for 1920 Highway 54 West
General Information
Standard status
Active
Size
1,689 SF
Total Parking Spaces
9
Property subtype
Mixed Use
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
private bathroom
kitchen area
glassed-in porch
handicap bathroom
Building Details
Building Size
1,689 SF
Year Built
1957
Buildings
1
Listing Agency:
Coldwell Banker Spinks Brown
Listed By:
Ben Yates · License #115513
(706) 884-5681
Source:
Cbcworldwide
Added: Sep 16
Changed: Sep 19
Last Checked: Sep 19 at 5:59AM
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 Coldwell Banker Spinks Brown
Investment Insights
Based on property information with market context.
Built in 1957, this office building offers a practical layout with 6 rooms, including one with a private bathroom, along with a kitchen area and a handicap bathroom. Interior finishes include hardwood, LVT, and tile flooring, while a glass-enclosed porch adds additional usable space. The property also includes a 2 car garage and 9 asphalt parking spaces, including one single-car carport.
Positioned on Highway 54 just east of the Peachtree City limits, the property provides an existing office configuration on a level lot. The site can support continued use of the current structure or construction of a new building, as permitted by applicable requirements.
Positioned on Highway 54 just east of the Peachtree City limits, the property provides an existing office configuration on a level lot. The site can support continued use of the current structure or construction of a new building, as permitted by applicable requirements.
Key Highlights
- Office building located at 1920 Highway 54 West
- Built in 1957
- 6 rooms, including one with a private bathroom
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
490
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
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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 - Existing office property with flexible interior rooms, parking, and a level site for continued use or redevelopment.
Where is this office building located?
The property is located at 1920 Highway 54 West 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: Office building located at 1920 Highway 54 West; Built in 1957; 6 rooms, including one with a private bathroom
