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Medical Office Building with Parking
For Sale
$389,900

214 Maple Street, Villa Rica, GA 30180

COMMERCIAL - Villa Rica, GA

Property Size2,491 SF
Lot Size0.28 Acres
Price / SF$156.52
Days on Market149

Property Features for 214 Maple Street

General Information

Property type Commercial Sale
Property subtype Other
Parking 14
Parking features Parking Lot
Security features Security
Lot features City Lot
Directions GPS Friendly. From downtown Villa Rica, continue on HWY 78 West, the building is on the right, across from the BBQ restaurant.
Standard status Active
APN V02 0010021
Size 2,491 SF
Lot size 0.28 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 3590

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Central, Natural Gas
Cooling system Electric, Central Air
Water source Public

Building Details

Year built 1950
Flooring type Laminate, Carpet, Hardwood
Roof type Composition
Listing Agency: Century 21 Novus Realty · Century 21 Real Estate
Listed By: Dylan Wylie · License #369218
Added: Mar 17 Changed: Aug 4 Last Checked: Aug 12 at 11:06AM
MLS# 10712026

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 medical office building offers nearly 2,500 finished square feet and a functional layout for client-facing operations. The interior includes a main reception office and waiting room, three patient rooms, a kitchen/breakroom, a large open room, three bathrooms, flex space, and additional storage rooms. Flooring includes hardwood, laminate, and carpet. Heating is central with natural gas, and cooling is central air with electric support. The roof is a composition roof.

The property sits on a 0.28-acre lot with road frontage along US Hwy 78 and double road frontage. Public remarks also reference an AADT count of 12,000+. It provides 13 dedicated parking spaces in a parking lot, supporting convenient on-site access for staff and visitors. Cable is available, with public water and public sewer.

Built in 1950, the property also notes an appraisal completed in 2025.

Key Highlights

  • Nearly 2,500 finished SF medical office layout with reception, waiting, patient rooms, and flex space
  • 13 dedicated parking spaces in a parking lot
  • Double road frontage along US Hwy 78 with AADT count of 12,000+

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
$33,357
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
8.56%
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%
$667,140 $667.1K
Cap Rate 7%
$476,529 $476.5K
Cap Rate 9%
$370,633 $370.6K
Market Conditions
NOI Build-Up for 2,491 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
$59.5K $23.87/SF
− Vacancy
−$15.0K −$6.02/SF
EGI
$44.5K $17.85/SF
− OpEx
−$11.1K −$4.46/SF
NOI
$33.4K $13.39/SF
Area
Carroll 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%
$667,140
Cap Rate 7%
$476,529
Cap Rate 9%
$370,633

Alternative Uses

Best Use
Healthcare Medical
$516.0K
$451.5K – $602.0K (±1% cap)
NOI $36,117 @ 7.0% cap · market cap 9.26%
Second Best
Office B
$476.5K
$417.0K – $556.0K (±1% cap)
NOI $33,357 @ 7.0% cap · market cap 8.56%
Theoretical Best
Office A
$696.3K
$609.3K – $812.4K (±1% cap)
NOI $48,743 @ 7.0% cap · market cap 12.50%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

FYZICAL Therapy & Balance ... Physician Southern Therapy Services ... Physician j davis attorney ... Law Firm

Suggested Use

Top Pick Parking Lot & Garage Storage Facility Bakery Garden Center Carpet & Flooring Store (Bike/Boat/Book/etc) Store

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

621
Businesses Nearby
Balanced
Demand for This Use

Demographics for 30180, GA

39,398
Population
15,447
Households
2.6
Avg Household Size
38
Median Age
26%
College-Educated
89%
High-School Grad
77.4 sq mi
ZIP Area
509
Density / Sq Mi
$88,269
Median Household Income
$44,076
Median Earnings
$1,464
Median Rent
$257,200
Median Home Value

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Medical Office Space - Freestanding medical office building with dedicated parking, central utilities, and double road frontage on US Hwy 78.
Where is this medical office space located?
The property is located at 214 Maple Street Villa Rica, GA.
What is the asking price?
The asking price for this property is $389,900.
What are key features of this property?
This property features: Nearly 2,500 finished SF medical office layout with reception, waiting, patient rooms, and flex space; 13 dedicated parking spaces in a parking lot; Double road frontage along US Hwy 78 with AADT count of 12,000+
More about this property
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