12-Office Building with Conference
New
For Sale
$525,000
327 Margie Dr, Warner Robins, GA 31088
Two-level office property with multiple reception areas, kitchens, bathrooms, and a layout that may support three separate suites.
Property Size2,280 SF
Price / SF$230.26
Days on Market4
Property Features for 327 Margie Dr
General Information
Standard status
Active
Size
2,280 SF
Amenities
conference room
kitchen
reception area
bathrooms
Building Details
Year Built
1999
Buildings
1
Listing Agency:
Century 21 Homes & Investments
Listed By:
Helen Hunt · License #239612
(478) 396-7886
Source:
Jetsetrealty
Added: Sep 14
Changed: Sep 16
Last Checked: Sep 16 at 1:33AM
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.
Built in 1999, this 2,280-square-foot office building provides 12 offices across two levels. The interior includes a large conference room, reception areas on both floors, kitchens upstairs and downstairs, and three bathrooms. The configuration may allow the building to function as three separate office suites, with three offices on each side of the lower level and six offices upstairs.
The property is located at 327 Margie Dr in Warner Robins, Georgia. Its existing office layout offers a combination of private work areas and shared administrative spaces within a single commercial building.
The property is located at 327 Margie Dr in Warner Robins, Georgia. Its existing office layout offers a combination of private work areas and shared administrative spaces within a single commercial building.
Key Highlights
- 12 offices within a 2,280‑square‑foot building
- Large downstairs conference room
- Reception areas on both 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
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Open Analytics
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
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - Two-level office property with multiple reception areas, kitchens, bathrooms, and a layout that may support three separate suites.
Where is this office building located?
The property is located at 327 Margie Dr 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: 12 offices within a 2,280‑square‑foot building; Large downstairs conference room; Reception areas on both levels
