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Flex Space with Rear Roll-Up Door
For Sale
$269,500

708-500 Lanier Ave W, Fayetteville, GA 30214

Flex space featuring two offices, reception area, and a large warehouse area with a rear roll-up door.

Property Size1,176 SF
Price / SF$229.17
Days on Market305

Property Features for 708-500 Lanier Ave W

General Information

Standard status Active
Size 1,176 SF
Listing Agency: Your Home Sold Guaranteed Realty
Listed By: Daniel C Odom
Source: Exprealty
Added: Oct 1, 2025 Changed: Jul 30 Last Checked: Jul 31 at 2:06PM

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 Your Home Sold Guaranteed Realty

Investment Insights

Based on property information with market context.

Flex space offering an executive office layout plus warehouse work area. Interior includes two offices, a half bath, and a reception area, along with a large warehouse area. The warehouse space has a roll-up door at the rear for convenient access.

Located in Downtown Fayetteville, the property is close to Fayette Piedmont Hospital, Trilith, and the US Soccer National Training Center, supporting tenant needs for access to major employers and destinations.

Total property size is 1,176 SF, combining professional office use with a functional back-of-house warehouse component suited for light operations or storage needs.

Key Highlights

  • 1,176 SF flex space with office and warehouse areas
  • Two offices plus a reception area
  • Half bath

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 $28.1k $23.87
− Vacancy −$7.1k −$6.02
EGI $21.0k $17.85
− OpEx −$5.2k −$4.46
NOI $15.7k $13.39
1,176 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%

Alternative Uses

Best Use
Office B
$225.0K
$196.9K – $262.5K (±1% cap)
NOI $15,748 @ 7.0% cap · market cap 5.84%
Second Best
Warehouse
$123.3K
$107.9K – $143.9K (±1% cap)
NOI $8,633 @ 7.0% cap · market cap 3.20%
Theoretical Best
Office A
$328.7K
$287.7K – $383.5K (±1% cap)
NOI $23,012 @ 7.0% cap · market cap 8.54%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Carpet & Flooring Store Food Market Computer & Electronic Repair Tech Support Center Pet Grooming Service Cafe & Coffee Shop

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

622
Businesses Nearby
Balanced
Demand for This Use

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

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Flex space - Flex space featuring two offices, reception area, and a large warehouse area with a rear roll-up door.
Where is this flex space located?
The property is located at 708-500 Lanier Ave W Fayetteville, GA.
What is the asking price?
The asking price for this property is $269,500.
What are key features of this property?
This property features: 1,176 SF flex space with office and warehouse areas; Two offices plus a reception area; Half bath
More about this property
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