Office Building with Private
2180 Highway 34 E, Newnan, GA 30265
For Sale
$449,000
Commercial Sale, Newnan, GA
Property Size1,520 SF
Lot Size0.53 Acres
Price / SF$295.39
Days on Market92
Property Features for 2180 Highway 34 E
General Information
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Parking
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Size
Lot size
Additional Details
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Taxes and HOA fees
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Building Details
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Buildings
Listing Agency:
Chapman Hall Premier, Realtors
(770) 454-7840
Listed By:
Ming Lu · License GA #353926
(408) 782-4663
Added: Aug 15
Changed: Nov 14
Last Checked: Nov 14 at 3:06AM
MLS# 10826836
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.
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Investment Insights
Based on property information with market context.
This 1,520-square-foot office building dates to 1982 and occupies a 0.53-acre parcel on Highway 34. The interior includes a waiting and reception area, three private offices, a kitchen, two bathrooms, and storage. A crawlspace foundation may allow interior changes, subject to applicable requirements. Existing features include vinyl, carpet, and tile flooring, forced-air heat, central air conditioning, and a parking lot.
The property is along a corridor carrying an estimated 30,000–50,000 vehicles per day. It sits between the commercial area near I-85 Exit 47, with Home Depot, Walmart, Academy Sports, and Kohl’s, and the Sharpsburg/Thomas Crossroads area near Exit 51 and Highway 154. Water is available, and the water source is public.
The property is along a corridor carrying an estimated 30,000–50,000 vehicles per day. It sits between the commercial area near I-85 Exit 47, with Home Depot, Walmart, Academy Sports, and Kohl’s, and the Sharpsburg/Thomas Crossroads area near Exit 51 and Highway 154. Water is available, and the water source is public.
Key Highlights
- 1,520‑square‑foot office building on 0.53 acres
- Three private offices plus a waiting and reception area
- Kitchen, two bathrooms, and a storage room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,569
Cap Rate
4.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$411,380
$411.4K
Cap Rate 7%
$293,843
$293.8K
Cap Rate 9%
$228,544
$228.5K
Market Conditions
NOI Build-Up for 1,520 SF
Gross rent
$38.3K $25.20/SF
− Vacancy
−$4.0K −$2.65/SF
EGI
$34.3K $22.55/SF
− OpEx
−$13.7K −$9.02/SF
NOI
$20.6K $13.53/SF
Area
Coweta County, GA
Vacancy
10.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$411,380
Cap Rate 7%
$293,843
Cap Rate 9%
$228,544
Alternative Uses
Best Use
Healthcare Medical
$293.8K
$257.1K – $342.8K
NOI $20,569 @ 7.0% cap · market cap 4.58%
Second Best
Office B
$290.8K
$254.4K – $339.2K
NOI $20,354 @ 7.0% cap · market cap 4.53%
Theoretical Best
Office A
$424.9K
$371.8K – $495.7K
NOI $29,743 @ 7.0% cap · market cap 6.62%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
399
Businesses Nearby
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Business Placement
Demographics for 30265, GA
36,697
Population
15,331
Households
2.4
Avg Household Size
40
Median Age
40%
College-Educated
95%
High-School Grad
44.0 sq mi
ZIP Area
834
Density / Sq Mi
$104,446
Median Household Income
$55,349
Median Earnings
$1,623
Median Rent
$331,900
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - A compact office layout includes reception, a kitchen, two bathrooms, and a storage room.
Where is this office building located?
The property is located at 2180 Highway 34 E Newnan, GA.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: 1,520‑square‑foot office building on 0.53 acres; Three private offices plus a waiting and reception area; Kitchen, two bathrooms, and a storage room
