Flex Space with Office
For Sale
$454,000
309 Mooty Bridge RD, Lagrange, GA 30240
For sale flex-style property on Mooty Bridge Road, offering office-ready space alongside industrial functionality.
Property Size5,000 SF
Days on Market107
Property Features for 309 Mooty Bridge RD
General Information
Standard status
Active
Size
5,000 SF
Zoning
6-CR-MX
Taxes and HOA fees
Annual Taxes
$6,094
Amenities
Central Air
Central
High Speed Internet
Parking Lot, Paved
Building Details
Building Size
5,000 SF
Year Built
2003
Buildings
1
Listing Agency:
Daniel Realty And Insurance
Listed By:
Linda Daniel
(706) 881-6017
Source:
Evrealestate
Added: May 20
Changed: Aug 13
Last Checked: Sep 2 at 1:09PM
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 Daniel Realty And Insurance
Investment Insights
Based on property information with market context.
This for-sale property is positioned as flex space with office units and industrial property options, giving tenants or buyers a more adaptable setup for mixed business needs. The offering is best suited for those looking for a single property that can support office-oriented operations while also accommodating an industrial workflow.
Located in Troup County at 309 Mooty Bridge Rd in LaGrange, Georgia, the property is reached by taking Hwy 27 north (New Franklin Road) from downtown, then turning left onto Mooty Bridge Road; the property is on the left. This straightforward access off Mooty Bridge Road can support convenient day-to-day arrival for staff and visitors.
As an owner-occupant opportunity, the flex/office orientation may appeal to professional services, small operators, and other users that want their workspace closely aligned with practical, production-minded functions. For investors, the mix of flex space, office units, and industrial property classification may allow for a more versatile approach to tenant targeting, depending on how the space is configured and marketed to prospective occupants.
Located in Troup County at 309 Mooty Bridge Rd in LaGrange, Georgia, the property is reached by taking Hwy 27 north (New Franklin Road) from downtown, then turning left onto Mooty Bridge Road; the property is on the left. This straightforward access off Mooty Bridge Road can support convenient day-to-day arrival for staff and visitors.
As an owner-occupant opportunity, the flex/office orientation may appeal to professional services, small operators, and other users that want their workspace closely aligned with practical, production-minded functions. For investors, the mix of flex space, office units, and industrial property classification may allow for a more versatile approach to tenant targeting, depending on how the space is configured and marketed to prospective occupants.
Key Highlights
- Flex‑style property with office‑ready space and industrial functionality on Mooty Bridge Road in Troup County
- Built in 2003
- Central heating and central air conditioning
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
$22,305
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
4.91%
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%
$446,100
$446.1K
Cap Rate 7%
$318,643
$318.6K
Cap Rate 9%
$247,833
$247.8K
Market Conditions
NOI Build-Up for 5,000 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
$34.3K $6.86/SF
− Vacancy
−$2.4K −$0.49/SF
EGI
$31.9K $6.37/SF
− OpEx
−$9.6K −$1.91/SF
NOI
$22.3K $4.46/SF
Area
Troup County, GA
Vacancy
7.10%
Lease Rate
$6.86 /SF/Yr
Expense Ratio
30.00%
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%
$446,100
Cap Rate 7%
$318,643
Cap Rate 9%
$247,833
Alternative Uses
Best Use
Industrial
$318.6K
$278.8K – $371.8K
NOI $22,305 @ 7.0% cap · market cap 4.91%
Second Best
Flex RnD
$295.0K
$258.2K – $344.2K
NOI $20,652 @ 7.0% cap · market cap 4.55%
Theoretical Best
Office A
$1.12M
$978.9K – $1.31M
NOI $78,313 @ 7.0% cap · market cap 17.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
397
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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 Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - For sale flex-style property on Mooty Bridge Road, offering office-ready space alongside industrial functionality.
Where is this flex space located?
The property is located at 309 Mooty Bridge RD Lagrange, GA.
What is the asking price?
The asking price for this property is $454,000.
What are key features of this property?
This property features: Flex‑style property with office‑ready space and industrial functionality on Mooty Bridge Road in Troup County; Built in 2003; Central heating and central air conditioning
