Flex Space with
For Sale
Contact for pricing
545 E Montgomery Street, Villa Rica, GA 30180
C3-zoned commercial property combines office and warehouse functionality with convenient access to regional business corridors.
Property Size10,000 SF
Lot Size1.00 Acre
Price / SF$85.99
Days on Market188
Property Features for 545 E Montgomery Street
General Information
Standard status
Active
Size
10,000 SF
Lot size
1.00 Acre
Property subtype
Mixed Use, Office, Industrial
Zoning
C3
Additional Details
Highway Access
Yes
Building Details
Year Built
1983
Parking Ratio
15.94 per 1,000 SF
Listing Agency:
Bush Real Estate
(678) 614-2766
Listed By:
Jamie Nash · License #151810
Source:
Crexi
Added: Feb 23
Changed: Aug 29
Last Checked: Aug 29 at 11:40PM
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 Bush Real Estate
Investment Insights
Based on property information with market context.
This C3-zoned flex property combines office and warehouse space within a building constructed in 1983. The approximately 10,000 SF facility occupies approximately 1 acre and is configured for businesses needing both administrative and operational areas. On-site parking is provided at a ratio of 15.94 spaces per 1,000 SF.
The property is located at 545 E Montgomery Street in Villa Rica, within Douglas County, with access to I-20 and downtown Villa Rica. Its office-and-warehouse format offers a practical commercial layout for businesses requiring a combination of workspace, storage, and operational capacity.
The property is located at 545 E Montgomery Street in Villa Rica, within Douglas County, with access to I-20 and downtown Villa Rica. Its office-and-warehouse format offers a practical commercial layout for businesses requiring a combination of workspace, storage, and operational capacity.
Key Highlights
- Approximately 10,000 SF office/warehouse facility
- Approximately 1 acre of commercial property
- C3 zoning
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
$73,408
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
8.54%
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%
$1,468,160
$1.5M
Cap Rate 7%
$1,048,686
$1.0M
Cap Rate 9%
$815,644
$815.6K
Market Conditions
NOI Build-Up for 10,000 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
$94.8K $9.48/SF
− Vacancy
−$8.4K −$0.84/SF
EGI
$86.4K $8.64/SF
− OpEx
−$13.0K −$1.30/SF
NOI
$73.4K $7.34/SF
Area
Carroll County, GA
Vacancy
8.90%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
15.00%
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%
$1,468,160
Cap Rate 7%
$1,048,686
Cap Rate 9%
$815,644
Alternative Uses
Best Use
Office B
$1.91M
$1.67M – $2.23M
NOI $133,911 @ 7.0% cap · market cap 15.57%
Second Best
Warehouse
$1.05M
$917.6K – $1.22M
NOI $73,408 @ 7.0% cap · market cap 8.54%
Theoretical Best
Office A
$2.80M
$2.45M – $3.26M
NOI $195,677 @ 7.0% cap · market cap 22.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
481
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 30180, GA
39,398
Population
15,447
Households
2.6
Avg Household Size
38
Median Age
26%
College-Educated
89%
High-School Grad
77.4 sq mi
ZIP Area
509
Density / Sq Mi
$88,269
Median Household Income
$44,076
Median Earnings
$1,464
Median Rent
$257,200
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Abundance Catering — 2446 Shoreline Pkwy, Villa Rica, GA 30180
Frequently Asked Questions
What type of property is this?
Flex space - C3-zoned commercial property combines office and warehouse functionality with convenient access to regional business corridors.
Where is this flex space located?
The property is located at 545 E Montgomery Street Villa Rica, GA.
What is the asking price?
The asking price for this property is $859,900.
What are key features of this property?
This property features: Approximately 10,000 SF office/warehouse facility; Approximately 1 acre of commercial property; C3 zoning
