Multi-Office Office
For Sale
$525,000
327 Margie Drive, Warner Robins, GA 31088
Office building with 12 offices, a large conference room, reception areas on both levels, and three bathrooms.
Property Size2,280 SF
Price / SF$230.26
Days on Market228
Property Features for 327 Margie Drive
General Information
Standard status
Active
Size
2,280 SF
Property subtype
General Commercial
Taxes and HOA fees
Annual Taxes
$3,756
Amenities
Electric
3
Tile, Carpet
Parking.
Paved Driveway, Lot.
14374.7998046875
Building Details
Year Built
1999
Listing Agency:
Century 21 Homes & Investments
(478) 328-7721
Listed By:
Helen Hunt · License #239612
(478) 396-7886
Source:
Xome
Added: Jan 22
Changed: Sep 1
Last Checked: Sep 7 at 5:05AM
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 Century 21 Homes & Investments
Investment Insights
Based on property information with market context.
This office building offers a total of 12 offices, including a large conference room on the ground level. The property also includes kitchen areas on both levels, reception areas on both levels, and three bathrooms to support day-to-day operations.
The building is described as potentially divisible into three separate office spaces, including three offices downstairs on the right side, three offices downstairs on the left side, and six offices upstairs with a kitchen and bathroom.
Overall, the layout supports both owner-occupancy and multi-suite configurations, with common amenities distributed across the downstairs and upstairs areas.
The building is described as potentially divisible into three separate office spaces, including three offices downstairs on the right side, three offices downstairs on the left side, and six offices upstairs with a kitchen and bathroom.
Overall, the layout supports both owner-occupancy and multi-suite configurations, with common amenities distributed across the downstairs and upstairs areas.
Key Highlights
- Office building built in 1999 with 12 total offices
- Large conference room plus reception areas on both levels
- Includes kitchens on both upstairs and downstairs levels
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
$23,893
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
4.55%
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%
$477,860
$477.9K
Cap Rate 7%
$341,329
$341.3K
Cap Rate 9%
$265,478
$265.5K
Market Conditions
NOI Build-Up for 2,280 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
$38.9K $17.04/SF
− Vacancy
−$7.0K −$3.07/SF
EGI
$31.9K $13.97/SF
− OpEx
−$8.0K −$3.49/SF
NOI
$23.9K $10.48/SF
Area
Houston County, GA
Vacancy
18.00%
Lease Rate
$17.04 /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%
$477,860
Cap Rate 7%
$341,329
Cap Rate 9%
$265,478
Alternative Uses
Best Use
Office B
$341.3K
$298.7K – $398.2K
NOI $23,893 @ 7.0% cap · market cap 4.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$492.1K
$430.6K – $574.1K
NOI $34,447 @ 7.0% cap · market cap 6.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,359
Businesses Nearby
Explore this area
Business Placement
Demographics for 31088, GA
57,034
Population
24,167
Households
2.4
Avg Household Size
36
Median Age
36%
College-Educated
94%
High-School Grad
29.4 sq mi
ZIP Area
1,940
Density / Sq Mi
$81,507
Median Household Income
$44,764
Median Earnings
$1,224
Median Rent
$189,700
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Office building with 12 offices, a large conference room, reception areas on both levels, and three bathrooms.
Where is this office units located?
The property is located at 327 Margie Drive Warner Robins, GA.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Office building built in 1999 with 12 total offices; Large conference room plus reception areas on both levels; Includes kitchens on both upstairs and downstairs levels
