Commercial Office
For Sale
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3000 Hwy 138 SW, Fayetteville, GA 30214
Office property with C-3 Commercial zoning on an approximately acre-sized site along Highway 138 SW.
Property Size4,440 SF
Lot Size0.92 Acres
Price / SF$179.05
Days on Market56
Property Features for 3000 Hwy 138 SW
General Information
Standard status
Active
Size
4,440 SF
Lot size
0.92 Acres
Property subtype
Office
Zoning
C-3 Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1981
Buildings
1
Listing Agency:
Randolph Williams
(770) 632-4000
Listed By:
Brent Randolph · License #GA 244669
Source:
Crexi
Added: Jul 6
Changed: Aug 30
Last Checked: Aug 30 at 1:57AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Randolph Williams
Investment Insights
Based on property information with market context.
This office building was constructed in 1981 and occupies an approximately 0.92-acre site. The property is classified under C-3 Commercial zoning, providing the listed commercial land-use designation for the asset.
The building is positioned on Highway 138 SW in Fayetteville, Georgia, with a reported traffic count of 24,900 vehicles per day. The address is 3000 Hwy 138 SW, placing the property directly along a named highway corridor within the Fayetteville market.
The building is positioned on Highway 138 SW in Fayetteville, Georgia, with a reported traffic count of 24,900 vehicles per day. The address is 3000 Hwy 138 SW, placing the property directly along a named highway corridor within the Fayetteville market.
Key Highlights
- 4,440 property size
- Approximately 0.92 acres
- C‑3 Commercial zoning
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
$59,456
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
7.48%
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%
$1,189,120
$1.2M
Cap Rate 7%
$849,371
$849.4K
Cap Rate 9%
$660,622
$660.6K
Market Conditions
NOI Build-Up for 4,440 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
$106.0K $23.87/SF
− Vacancy
−$26.7K −$6.02/SF
EGI
$79.3K $17.85/SF
− OpEx
−$19.8K −$4.46/SF
NOI
$59.5K $13.39/SF
Area
Fayette 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%
$1,189,120
Cap Rate 7%
$849,371
Cap Rate 9%
$660,622
Alternative Uses
Best Use
Office B
$849.4K
$743.2K – $990.9K
NOI $59,456 @ 7.0% cap · market cap 7.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.24M
$1.09M – $1.45M
NOI $86,880 @ 7.0% cap · market cap 10.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
193
Businesses Nearby
Explore this area
Business Placement
Demographics for 30214, GA
32,135
Population
12,680
Households
2.5
Avg Household Size
45
Median Age
37%
College-Educated
92%
High-School Grad
52.7 sq mi
ZIP Area
610
Density / Sq Mi
$87,138
Median Household Income
$48,400
Median Earnings
$1,599
Median Rent
$338,300
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Office property with C-3 Commercial zoning on an approximately acre-sized site along Highway 138 SW.
Where is this office building located?
The property is located at 3000 Hwy 138 SW Fayetteville, GA.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: 4,440 property size; Approximately 0.92 acres; C‑3 Commercial zoning
