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Office Suite with Private Offices

500 Lanier Avenue W Fayetteville, GA 30214

500 Lanier Avenue W, Fayetteville, GA, 30214
$229,900
For Sale
$229,900

COMMERCIAL - Fayetteville, GA

Property Size1,344 SF
Price / SF$171.06
Days on Market140

Property Features for 500 Lanier Avenue W

General Information

Property type
Commercial Sale
Property subtype
Office
Parking
10
Parking features
On Street
Standard status
Active
APN
052318055
Size
1,344 SF

Taxes and HOA fees

Tax Year
24
Tax Annual Amount
1854

Utilities

Sewer type
Public Sewer
Heating system
Central
Cooling system
Electric, Central Air
Water source
Public

Building Details

Year built
2006
Flooring type
Carpet
Building materials
Wood Siding
Roof type
Composition
Listing Agency Southern Classic Realtors
Po Box 6565, Monroe, GA
Listed by Carolyn Schmalenberger
Added: Feb 28 Checked: Jul 18 at 2:06 pm
MLS# 10700599

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 office suite is available in a Fayetteville office park and is designed for a professional, flexible layout. The space includes up to four private offices, a reception area for clients and guests, and a larger common area suited for collaboration or a conference setup. An equipped kitchen supports staff convenience, and the suite features a handicap-accessible restroom for ADA compliance.

The suite is positioned for practical day-to-day access, with ample on-site parking for employees and visitors. It is also described as being near major thoroughfares, restaurants, and local amenities, supporting convenient routing for client and staff arrivals.

The offered configuration balances private and shared work areas, making it suitable for organizations that need dedicated offices along with space for meetings and team collaboration.

Key Highlights

  • Office suite in a Fayetteville office park, built in 2006
  • Up to 4 private offices plus a reception area for clients and guests
  • Large common area suitable for collaboration or a conference table

Local 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 $32.1k $23.87
− Vacancy −$8.1k −$6.02
EGI $24.0k $17.85
− OpEx −$6.0k −$4.46
NOI $18.0k $13.39
1,344 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%

Alternative Uses

Best Use
Office B
$257.1K
$225.0K – $300.0K (±1% cap)
NOI $17,998 @ 7.0% cap · market cap 7.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$375.7K
$328.7K – $438.3K (±1% cap)
NOI $26,299 @ 7.0% cap · market cap 11.44%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

J.Royale Events Marketing & Advertising RW AUTO DEALS ... Car Dealership Cars Ahoy Inc Car Dealership ACTS Therapy Physician SHROAK SOFTWARES (Bike/Boat/Book/etc) Store

Suggested Use

Parking Lot & Garage Food Market Bakery Storage Facility Carpet & Flooring Store Pet Store Home Appliance Store Pet Store & Service Veterinary Clinic (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office units - Suite includes up to four private offices, reception area, common space, an equipped kitchen, and an ADA restroom.
Where is this office units located?
The property is located at 500 Lanier Avenue W Fayetteville, GA.
What is the asking price?
The asking price for this property is $229,900.
What are key features of this property?
This property features: Office suite in a Fayetteville office park, built in 2006; Up to 4 private offices plus a reception area for clients and guests; Large common area suitable for collaboration or a conference table
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