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Commercial Land with Office Building

286 S Peachtree St, Lincolnton, GA 30817

For Sale
$700,000

Commercial Sale, Lincolnton, GA

Property Size3,754 SF
Lot Size3.04 Acres
Price / SF$186.47
Days on Market356

Property Features for 286 S Peachtree St

General Information

Property type Commercial Sale
Property subtype Office
Zoning C 1
Fireplace 1
Subdivision Not In Subdivision
Lot features Open Lot, Level, Corner Lot, Cleared
Directions THIS PROPERTY LOCATED ON CORNER OF HWY 47 AND SOUTH PEACHTREE ST WITH FRONTAGE ON BOTH ROADS IN LINCOLNTON GA. 30817
Standard status Active
APN L05007006
Size 3,754 SF
Lot size 3.04 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description L05 006
Legal Description L05 006

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Propane (Heating), Electric (Heating)
Water source Public

Building Details

Year built 1872
Roof type Composition
Listing Agency: Better Homes & Gardens Executive Partners
Listed By: William McWhorter · License GA #302944
Added: Nov 20, 2025 Changed: Oct 23 Last Checked: Nov 10 at 10:06AM
MLS# 98254760

Copyright © 2026 Hive MLS. 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 3.04-acre commercial land holding includes a 3,754-square-foot office building at 286 S Peachtree St in Lincolnton, Georgia. The property occupies the corner of Hwy 47 and South Peachtree Street and includes a building constructed in 1872 with composition roofing, electric and propane heating, and a fireplace.

C 1 zoning, public water, and public sewer are in place. Thurmond Lake surrounds the property on three sides, adding a recreational setting to the commercial site. The combination of a sizable tract, existing office space, and corner access provides a clear physical profile for commercial ownership or use.

Key Highlights

  • 3.04‑acre commercial tract
  • 3,754 SF of existing office space
  • Corner of Hwy 47 and South Peachtree St

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$57,436
Cap Rate
8.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,148,720 $1.1M
Cap Rate 7%
$820,514 $820.5K
Cap Rate 9%
$638,178 $638.2K
Market Conditions
NOI Build-Up for 3,754 SF
Gross rent
$90.1K $24.00/SF
− Vacancy
−$13.5K −$3.60/SF
EGI
$76.6K $20.40/SF
− OpEx
−$19.1K −$5.10/SF
NOI
$57.4K $15.30/SF
Area
Lincoln County, GA
Vacancy
15.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,148,720
Cap Rate 7%
$820,514
Cap Rate 9%
$638,178

Alternative Uses

Best Use
Office B
$820.5K
$718.0K – $957.3K (±1% cap)
NOI $57,436 @ 7.0% cap · market cap 8.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.18M
$1.04M – $1.38M (±1% cap)
NOI $82,944 @ 7.0% cap · market cap 11.85%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Michelle R Harrison ... Law Firm Medlin Chadwick D Law Firm

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Electrical Service Plumbing Service Storage Facility (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

237
Businesses Nearby

Demographics for 30817, GA

7,364
Population
4,197
Households
1.8
Avg Household Size
48
Median Age
16%
College-Educated
87%
High-School Grad
191.2 sq mi
ZIP Area
39
Density / Sq Mi
$49,658
Median Household Income
$32,913
Median Earnings
$736
Median Rent
$169,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Commercial land - Corner-positioned commercial tract with existing office improvements, public utilities, and C 1 zoning.
Where is this commercial land located?
The property is located at 286 S Peachtree St Lincolnton, GA.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 3.04‑acre commercial tract; 3,754 SF of existing office space; Corner of Hwy 47 and South Peachtree St
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