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Office Building with Garage
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 Market50

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
Source: Cbcworldwide
Added: Sep 16 Changed: Oct 25 Last Checked: Nov 3 at 3:01AM

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

Rey
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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.

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 / Yr
$22,618
Cap Rate
3.28%
Suggested Prices Based on Cap Rates
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
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 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 (±1% cap)
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 (±1% cap)
NOI $33,050 @ 7.0% cap · market cap 4.79%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Auto Repair Shop Big Box & Wholesale Store Auto Parts Store Law Firm Garden Center Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

490
Businesses Nearby

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

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

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
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