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Office Unit with Private Offices
For Sale
$229,900
Pending

500 Lanier Avenue W, Fayetteville, GA 30214

Commercial Sale, Fayetteville, GA

Property Size1,344 SF
Days on Market224

Property Features for 500 Lanier Avenue W

General Information

Property type Commercial Sale
Property subtype Office
Parking 10
Parking features On Street
Lot features Business Park, Interior Lot
Directions Hwy 54 East turn on Braxton Court (at the Welcome to Fayetteville Sign) then the office is straight back.
Standard status Pending
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

Amenities

private offices
reception area
common area
kitchen
handicap-accessible restroom

Building Details

Year built 2006
Flooring type Carpet
Building materials Wood Siding
Roof type Composition
Listing Agency: Southern Classic Realtors
Listed By: Carolyn Schmalenberger · License #142905
Added: Feb 28 Changed: Oct 1 Last Checked: Oct 10 at 4:06AM
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 1,344-square-foot office unit, built in 2006, offers a practical layout for professional operations. The suite includes up to 4 private offices, a reception area, a common space that can accommodate collaborative work or a conference table, a kitchen, and an ADA-accessible restroom. Carpet flooring, central heating, and central air conditioning are in place.

The property is located at 500 Lanier Avenue W in Fayetteville, Georgia. Public water and public sewer serve the property. Parking is provided on street, while wood siding and a composition roof complete the building’s exterior features.

Key Highlights

  • 1,344 SF office unit with up to 4 private offices
  • Reception area plus common space for collaboration or a conference table
  • Kitchen and ADA‑accessible restroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,998
Cap Rate
7.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$359,960 $360.0K
Cap Rate 7%
$257,114 $257.1K
Cap Rate 9%
$199,978 $200.0K
Market Conditions
NOI Build-Up for 1,344 SF
Gross rent
$32.1K $23.87/SF
− Vacancy
−$8.1K −$6.02/SF
EGI
$24.0K $17.85/SF
− OpEx
−$6.0K −$4.46/SF
NOI
$18.0K $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%
$359,960
Cap Rate 7%
$257,114
Cap Rate 9%
$199,978

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 authorities.

Property Analytics

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Open Analytics

Current Use

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

Top Pick Storage Facility (Bike/Boat/Book/etc) Store Food Market Pet Grooming Service Cafe & Coffee Shop Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,331
Businesses Nearby

Demographics for 30214, GA

32,135
Population
12,680
Households
2.5
Avg Household Size
45
Median Age
37%
College-Educated
92%
High-School Grad
52.7 sq mi
ZIP Area
610
Density / Sq Mi
$87,138
Median Household Income
$48,400
Median Earnings
$1,599
Median Rent
$338,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Professional office suite with reception, collaborative workspace, kitchen, and an ADA-accessible 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: 1,344 SF office unit with up to 4 private offices; Reception area plus common space for collaboration or a conference table; Kitchen and ADA‑accessible restroom
More about this property
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