Two-Story Office
311 N Main Street A-100, Madison, GA 30650
For Sale
New
$890,000
A renovated layout combines private offices, a conference room, and shared work areas across two levels.
Property Size2,556 SF
Price / SF$348.20
Days on Market2
Property Features for 311 N Main Street A-100
General Information
Standard status
Size
Additional Details
Highway Access
Taxes and HOA fees
Annual Taxes
Amenities
kitchen
bathroom
break room
conference room
natural light
Tile
true
Public Records
Square Feet
City Lot
Public
Other
Parking Lot
2556
Building Details
Building Size
Year Built
Buildings
Stories
Listing Agency:
eXp Realty
Listed By:
Mary A Rector
Source:
Thestanleyrealtygroup
Added: Nov 12
Changed: Nov 13
Last Checked: Nov 13 at 4:34AM
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 eXp Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,556-square-foot office property in Madison has a two-level layout with natural light. The main floor includes two private offices, a kitchen, a bathroom, and a break room, alongside a large industrial-style area. Upstairs are four more offices, a conference room, and a second bathroom. The property was renovated and was built in 2009.
Located at 311 N Main Street, the property has access to U.S. 441 and Interstate 20.
Located at 311 N Main Street, the property has access to U.S. 441 and Interstate 20.
Key Highlights
- 2,556 square feet in a two‑story office building
- Six private offices across the two floors
- Conference room, kitchen, break room, and two bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,228
Cap Rate
3.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$684,560
$684.6K
Cap Rate 7%
$488,971
$489.0K
Cap Rate 9%
$380,311
$380.3K
Market Conditions
NOI Build-Up for 2,556 SF
Gross rent
$61.0K $23.87/SF
− Vacancy
−$15.4K −$6.02/SF
EGI
$45.6K $17.85/SF
− OpEx
−$11.4K −$4.46/SF
NOI
$34.2K $13.39/SF
Area
Morgan 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 Rate 5%
$684,560
Cap Rate 7%
$488,971
Cap Rate 9%
$380,311
Alternative Uses
Best Use
Office B
$489.0K
$427.9K – $570.5K
NOI $34,228 @ 7.0% cap · market cap 3.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$714.5K
$625.2K – $833.6K
NOI $50,015 @ 7.0% cap · market cap 5.62%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
464
Businesses Nearby
Explore this area
Business Placement
Demographics for 30650, GA
13,631
Population
5,723
Households
2.4
Avg Household Size
43
Median Age
34%
College-Educated
93%
High-School Grad
229.9 sq mi
ZIP Area
59
Density / Sq Mi
$80,357
Median Household Income
$44,789
Median Earnings
$1,104
Median Rent
$314,300
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - A renovated layout combines private offices, a conference room, and shared work areas across two levels.
Where is this office building located?
The property is located at 311 N Main Street A-100 Madison, GA.
What is the asking price?
The asking price for this property is $890,000.
What are key features of this property?
This property features: 2,556 square feet in a two‑story office building; Six private offices across the two floors; Conference room, kitchen, break room, and two bathrooms
