Office-Institutional Building and
For Sale
$365,000
458 Senoia Rd, Tyrone, GA 30290
Brick office and 4-bay workshop building with separate driveways on 2 acres in downtown Tyrone.
Property Size1,468 SF
Lot Size2.00 Acres
Price / SF$248.64
Days on Market96
Property Features for 458 Senoia Rd
General Information
Standard status
Active
Size
1,468 SF
Lot size
2.00 Acres
Zoning
Office Institutional
Building Details
Year Built
1962
Listing Agency:
Georgia Real Estate Team
Listed By:
Julie Fennell · License #382482
(770) 315-4402
Source:
Annakintown
Added: Jul 26
Changed: Oct 25
Last Checked: Oct 28 at 1:45PM
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 Georgia Real Estate Team
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Investment Insights
Based on property information with market context.
This property includes a brick office and a large 4-bay workshop with workspace and storage, plus additional storage upstairs. The workshop area is supported by its own separate driveway for servicing the building. A wheelchair ramp and an ADA-rated restroom are provided for accessibility.
The office features a dedicated driveway entrance and totals 1,468 square feet, with a new septic system rated for commercial use. The property is zoned Office-Institutional, allowing office use, school, medical office, fitness, photography, and trade businesses.
The offering combines separately accessed office and workshop space on a 2-acre site, with on-site improvements supporting both administrative and light commercial workshop operations.
The office features a dedicated driveway entrance and totals 1,468 square feet, with a new septic system rated for commercial use. The property is zoned Office-Institutional, allowing office use, school, medical office, fitness, photography, and trade businesses.
The offering combines separately accessed office and workshop space on a 2-acre site, with on-site improvements supporting both administrative and light commercial workshop operations.
Key Highlights
- Commercial building and 4‑bay workshop on 2 acres in downtown Tyrone, with brick office plus separate driveways
- 4‑bay workshop includes 1,780 SF of workspace and storage, plus additional upstairs storage
- Brick office features 1,468 SF and includes a new septic system rated for commercial use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,658
Cap Rate
5.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$393,160
$393.2K
Cap Rate 7%
$280,829
$280.8K
Cap Rate 9%
$218,422
$218.4K
Market Conditions
NOI Build-Up for 1,468 SF
Gross rent
$35.0K $23.87/SF
− Vacancy
−$8.8K −$6.02/SF
EGI
$26.2K $17.85/SF
− OpEx
−$6.6K −$4.46/SF
NOI
$19.7K $13.39/SF
Area
Fayette 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%
$393,160
Cap Rate 7%
$280,829
Cap Rate 9%
$218,422
Alternative Uses
Best Use
Office B
$280.8K
$245.7K – $327.6K
NOI $19,658 @ 7.0% cap · market cap 5.39%
Second Best
Industrial
$127.8K
$111.8K – $149.1K
NOI $8,943 @ 7.0% cap · market cap 2.45%
Theoretical Best
Office A
$410.4K
$359.1K – $478.8K
NOI $28,725 @ 7.0% cap · market cap 7.87%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
260
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 30290, GA
9,256
Population
3,542
Households
2.6
Avg Household Size
43
Median Age
57%
College-Educated
95%
High-School Grad
17.9 sq mi
ZIP Area
517
Density / Sq Mi
$122,738
Median Household Income
$70,078
Median Earnings
$795
Median Rent
$417,000
Median Home Value
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Market
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Montgomery Foods — 602 Dogwood Trail, Tyrone, GA 30290
Frequently Asked Questions
What type of property is this?
Flex space - Brick office and 4-bay workshop building with separate driveways on 2 acres in downtown Tyrone.
Where is this flex space located?
The property is located at 458 Senoia Rd Tyrone, GA.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Commercial building and 4‑bay workshop on 2 acres in downtown Tyrone, with brick office plus separate driveways; 4‑bay workshop includes 1,780 SF of workspace and storage, plus additional upstairs storage; Brick office features 1,468 SF and includes a new septic system rated for commercial use
