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Flex Space with Warehouse
For Sale
$550,000

3206 West Point Road, Lagrange, GA 30240

Commercial Sale, Lagrange, GA

Property Size6,000 SF
Lot Size1.72 Acres
Price / SF$91.67
Days on Market52

Property Features for 3206 West Point Road

General Information

Property type Commercial Sale
Property subtype Office
Parking features Parking Lot
Lot features Level
Directions GPS, Next to Southern Carts
Standard status Active
APN 0713B000034A
Size 6,000 SF
Lot size 1.72 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 3545

Utilities

Utilities Water Available
Sewer type Septic Tank
Cooling system Wall Unit(s)
Water source Public

Building Details

Year built 1977
Flooring type Concrete
Building materials Steel Siding
Roof type Metal
Listing Agency: Southern Classic Realtors
Listed By: Yvette G Potts · License #408194
Added: Aug 20 Changed: Sep 2 Last Checked: Oct 10 at 5:06AM
MLS# 10831677

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 flex property combines approximately 6,000 square feet of office and warehouse space on a 1.72-acre parcel. The office component has stained concrete floors, newly constructed walls, and mini-split systems installed in 2023. Additional storage is positioned above the office area, while the building also includes a parking lot, steel siding, and a metal roof.

The property is served by three-phase electricity and City of LaGrange fiber-optic internet. Water is available from the public system, with septic service on site. A Phase II Environmental Site Assessment, subsurface imaging, and a 2023 survey have been completed. The building was constructed in 1977, and the sale includes the building only; the operating business is excluded.

Key Highlights

  • Approximately 6,000 square feet of office and warehouse space
  • 1.72‑acre parcel with parking lot
  • Three‑phase electricity and City of LaGrange fiber‑optic internet

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$32,502
Cap Rate
5.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$650,040 $650.0K
Cap Rate 7%
$464,314 $464.3K
Cap Rate 9%
$361,133 $361.1K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$41.2K $6.86/SF
− Vacancy
−$2.9K −$0.49/SF
EGI
$38.2K $6.37/SF
− OpEx
−$5.7K −$0.96/SF
NOI
$32.5K $5.42/SF
Area
Troup County, GA
Vacancy
7.10%
Lease Rate
$6.86 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$650,040
Cap Rate 7%
$464,314
Cap Rate 9%
$361,133

Alternative Uses

Best Use
Office B
$1.00M
$877.0K – $1.17M (±1% cap)
NOI $70,162 @ 7.0% cap · market cap 12.76%
Second Best
Warehouse
$464.3K
$406.3K – $541.7K (±1% cap)
NOI $32,502 @ 7.0% cap · market cap 5.91%
Theoretical Best
Office A
$1.34M
$1.17M – $1.57M (±1% cap)
NOI $93,976 @ 7.0% cap · market cap 17.09%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Restaurant Building Supply Auto Parts Store Pharmacy Garden Center Furniture & Home Goods

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
Utilities to site

Location Intelligence

Trade Area within ½ mile

52
Businesses Nearby
Balanced
Demand for This Use

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
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
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Office and warehouse configuration with three-phase power, fiber-optic internet, and dedicated storage above the office area.
Where is this flex space located?
The property is located at 3206 West Point Road Lagrange, GA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Approximately 6,000 square feet of office and warehouse space; 1.72‑acre parcel with parking lot; Three‑phase electricity and City of LaGrange fiber‑optic internet
More about this property
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