Spa & Wellness Building with Salon
For Sale
$269,500
201-500 Lanier Ave W, Fayetteville, GA 30214
Configured for beauty services with multiple private rooms, shampoo stations, and additional plumbing fixtures.
Property Size1,101 SF
Price / SF$244.78
Days on Market389
Property Features for 201-500 Lanier Ave W
General Information
Standard status
Active
Size
1,101 SF
Taxes and HOA fees
Annual Taxes
$1,470
Amenities
waiting area
shampoo room
private rooms
half bath
space with sink and fridge
Listing Agency:
Your Home Sold Guaranteed Realty
(678) 894-9744
Listed By:
Daniel C Odom
(770) 560-4399
Source:
Exprealty
Added: Sep 22, 2025
Changed: Oct 2
Last Checked: Oct 12 at 11:48PM
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 Your Home Sold Guaranteed Realty
Investment Insights
Based on property information with market context.
This 1,101-square-foot spa and wellness property is arranged for an operating hair salon. The interior includes a front reception and waiting area, a shampoo room with two sinks, four private rooms for stylists or estheticians, and several rooms with their own sinks. A half bath and an additional sink area with a small refrigerator support daily operations.
Located in Magnolia Park in downtown Fayetteville, the property is near Fayette Piedmont Hospital, Trilith, and the US Soccer National Training Center. The space may be acquired with most personal property negotiated separately, or as real estate without those items. Its existing configuration also supports professional office or medical-practice use, subject to applicable requirements.
Located in Magnolia Park in downtown Fayetteville, the property is near Fayette Piedmont Hospital, Trilith, and the US Soccer National Training Center. The space may be acquired with most personal property negotiated separately, or as real estate without those items. Its existing configuration also supports professional office or medical-practice use, subject to applicable requirements.
Key Highlights
- 1,101‑square‑foot spa and wellness property in Magnolia Park
- Active hair salon layout with reception area and front waiting space
- Shampoo room equipped with 2 sinks
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,486
Cap Rate
5.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$309,720
$309.7K
Cap Rate 7%
$221,229
$221.2K
Cap Rate 9%
$172,067
$172.1K
Market Conditions
NOI Build-Up for 1,101 SF
Gross rent
$24.2K $21.96/SF
− Vacancy
−$2.1K −$1.87/SF
EGI
$22.1K $20.09/SF
− OpEx
−$6.6K −$6.03/SF
NOI
$15.5K $14.07/SF
Area
Fayette County, GA
Vacancy
8.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$309,720
Cap Rate 7%
$221,229
Cap Rate 9%
$172,067
Alternative Uses
Best Use
Retail
$221.2K
$193.6K – $258.1K
NOI $15,486 @ 7.0% cap · market cap 5.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$307.8K
$269.3K – $359.1K
NOI $21,544 @ 7.0% cap · market cap 7.99%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,460
Businesses Nearby
63k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 51%
Groceries 24%
Shops & Services 20%
Home Improvements & Furnishings 3%
Flash Foods
Groceries
15,392 visits/mo
0.1 miles
Dunkin' Donuts
Dining
10,008 visits/mo
0.2 miles
Arby's
Dining
7,877 visits/mo
0.3 miles
Chevron
Shops & Services
7,126 visits/mo
0.1 miles
Larry's Giant Subs
Dining
6,029 visits/mo
0.4 miles
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
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Step Up Mental Wellness Center — 500 W Lanier Ave, Fayetteville, GA 30215
- The Medical Hubb -Mobile IV Hydration & Wellness — 320 W Lanier Ave, Fayetteville, GA 30214
- The Medical Hubb IV Hydration & Wellness — 320 w lanier ave suite 243, fayetteville, ga 30214
- Dr. Alisha Mayheu, D.C. — 148 Georgia Ave E suite a, Fayetteville, GA 30214
- LeGair Brand Boutique & Lifestyle Empowerment Wellness Center — 387 Fayette Pl Suite A, Fayetteville, GA 30214
Frequently Asked Questions
What type of property is this?
Spa & wellness property - Configured for beauty services with multiple private rooms, shampoo stations, and additional plumbing fixtures.
Where is this spa & wellness property located?
The property is located at 201-500 Lanier Ave W Fayetteville, GA.
What is the asking price?
The asking price for this property is $269,500.
What are key features of this property?
This property features: 1,101‑square‑foot spa and wellness property in Magnolia Park; Active hair salon layout with reception area and front waiting space; Shampoo room equipped with 2 sinks
