Office-Institutional Building and
458 Senoia Rd Tyrone, GA 30290
For Sale
$365,000
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 Market210
Property Features for 458 Senoia Rd
General Information
Standard status
Active
Size
1,468 SF
Lot size
2.00 Acres
Listing Agency:
Georgia Real Estate Team
(770) 315-4402
Listed By:
Julie Fennell · License #382482
(770) 315-4402
Source:
Exprealty
Added: Jan 1
Changed: Jul 28
Last Checked: Jul 29 at 3:13PM
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
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 For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $35.0k | $23.87 |
| − Vacancy | −$8.8k | −$6.02 |
| EGI | $26.2k | $17.85 |
| − OpEx | −$6.6k | −$4.46 |
| NOI | $19.7k | $13.39 |
1,468 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$280.8K
$245.7K – $327.6K
NOI $19,658 @ 7.0% cap · market cap 5.39%
Second Best
Warehouse
$153.9K
$134.7K – $179.6K
NOI $10,776 @ 7.0% cap · market cap 2.95%
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.
Property Analytics
Location Intelligence
Current Use
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
