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Commercial Land Parcel With Existing Structure
For Sale
$300,000

2734 Roanoke Road, Lagrange, GA 30240

COMMERCIAL - Lagrange, GA

Property Size2,202 SF
Lot Size3.00 Acres
Price / SF$136.24
Days on Market240

Property Features for 2734 Roanoke Road

General Information

Property type Commercial Sale
Property subtype Other
Lot features Level
Directions Take Roanoke Road. Property is on the right.
Standard status Active
APN 0703 001091
Size 2,202 SF
Lot size 3.00 Acres

Taxes and HOA fees

Tax Year 24
Tax Annual Amount 2735

Utilities

Utilities Cable Available
Heating system Central, Electric (Heating)
Cooling system Electric, Central Air
Water source Public

Building Details

Year built 1900
Building materials Frame
Roof type Composition
Listing Agency: RE/MAX Results · RE/MAX International
Listed By: Joel Upchurch · License #203316
Added: Dec 8, 2025 Changed: Aug 4 Last Checked: Aug 5 at 4:06PM
MLS# 10655556

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 commercial land parcel offers approximately 3 acres and includes an existing frame structure that may be retrofitted for office and retail use. The property is described as commercially zoned, providing a flexible starting point for business tenants looking to establish or expand operations on a single site.

The structure was built in 1900 and features a composition roof. Heating is provided by electric heating with central systems, and cooling is available via central air with electric service. Public water and cable availability are listed for the site, supporting everyday business operations.

Total property size is listed at 2,202 square feet, giving space to plan for a layout that fits office and retail needs while keeping room for operational flexibility on the land.

Key Highlights

  • Approximately 3‑acre commercially zoned parcel
  • Existing frame structure may be retrofitted for office/retail use
  • 2,202 SF total property size

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 $40.2k $18.24
− Vacancy −$1.8k −$0.84
EGI $38.3k $17.40
− OpEx −$11.5k −$5.22
NOI $26.8k $12.18
2,202 SF · lease $18.24/SF/yr · vacancy 4.60% · expense 30.00%

Alternative Uses

Best Use
Retail
$383.2K
$335.3K – $447.0K (±1% cap)
NOI $26,822 @ 7.0% cap · market cap 8.94%
Second Best
Office B
$367.9K
$321.9K – $429.2K (±1% cap)
NOI $25,750 @ 7.0% cap · market cap 8.58%
Theoretical Best
Office A
$492.7K
$431.1K – $574.8K (±1% cap)
NOI $34,489 @ 7.0% cap · market cap 11.50%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Whitewater Construction Construction Company

Suggested Use

Top Pick Auto Repair Shop Big Box & Wholesale Store HVAC Service Restaurant Hair Salon Storage Facility

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

Location Intelligence

Trade Area within ½ mile

604
Businesses Nearby

Demographics for 30240, GA

30,119
Population
12,782
Households
2.4
Avg Household Size
39
Median Age
28%
College-Educated
88%
High-School Grad
139.6 sq mi
ZIP Area
216
Density / Sq Mi
$59,521
Median Household Income
$40,611
Median Earnings
$1,035
Median Rent
$221,800
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.

Frequently Asked Questions

What type of property is this?
Commercial land - Three-acre commercially zoned parcel with a frame structure and public water and cable service available.
Where is this commercial land located?
The property is located at 2734 Roanoke Road Lagrange, GA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Approximately 3‑acre commercially zoned parcel; Existing frame structure may be retrofitted for office/retail use; 2,202 SF total property size
More about this property
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