201 New Franklin Road, Lagrange, GA 30240
COMMERCIAL - Lagrange, GA
- Added:
- Mar 3, 2026
- Days on Market:
- 101
- Last Refresh:
- Jun 12 at 5:06 pm
Property Features for 201 New Franklin Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- On Street, Parking Lot
- Window features
- Display Window(s)
- Standard status
- Active
- APN
- 0611D014016
- Size
- 2,014 SF
- Lot size
- 0.37 Acres
Taxes and HOA fees
- Tax Year
- 24
- Tax Annual Amount
- 2665
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1972
- Flooring type
- Carpet, Tile
- Building materials
- Wood Siding
Listing agent Rob Upchurch License #202341 (706) 523-0014
Listing office RE/MAX Results 833 New Franklin Road, Lagrange, GA (706) 845-7000
Listing date Mar 3, 2026
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.
HighLights
- Corner commercial lot in Lagrange currently used as a car lot (real estate only; business not included)
- Curb cuts on New Franklin Rd and West Bacon St for access from both streets
- 14 on‑site parking spaces plus parking lot and on‑street parking
- Building size just over 2,000 SF with showroom, office, storage, and restroom
- Central heating and central air
- Public water and public sewer; cable available
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.7k | $18.24 |
| − Vacancy | −$1.7k | −$0.84 |
| EGI | $35.0k | $17.40 |
| − OpEx | −$10.5k | −$5.22 |
| NOI | $24.5k | $12.18 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Enterprise Rent-A-Car — 224 Commerce Ave, LaGrange, GA 30241
- U-Haul Neighborhood Dealer — 138 commerce ave, lagrange, ga 30241
- Penske Truck Rental — 401 S Greenwood St, LaGrange, GA 30240
Location Insight
- Map
- Local Demand
- City
- Lagrange
- County
- Troup
- State
- Georgia
- Longitude
- -85.030089
- Latitude
- 33.04549
