Flex Space with Rear Roll-Up
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 Market409
Property Features for 708-500 Lanier Ave W
General Information
Standard status
Active
Size
1,176 SF
Taxes and HOA fees
Annual Taxes
$1,470
Listing Agency:
Your Home Sold Guaranteed Realty
(678) 894-9744
Listed By:
Daniel C Odom · License #336413
(770) 560-4399
Source:
Exprealty
Added: Sep 22, 2025
Changed: Oct 31
Last Checked: Nov 3 at 7:06AM
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
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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.
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
Estimated NOI and Cap Rate
NOI / Yr
$15,748
Cap Rate
5.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$314,960
$315.0K
Cap Rate 7%
$224,971
$225.0K
Cap Rate 9%
$174,978
$175.0K
Market Conditions
NOI Build-Up for 1,176 SF
Gross rent
$28.1K $23.87/SF
− Vacancy
−$7.1K −$6.02/SF
EGI
$21.0K $17.85/SF
− OpEx
−$5.2K −$4.46/SF
NOI
$15.7K $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%
$314,960
Cap Rate 7%
$224,971
Cap Rate 9%
$174,978
Alternative Uses
Best Use
Office B
$225.0K
$196.9K – $262.5K
NOI $15,748 @ 7.0% cap · market cap 5.84%
Second Best
Warehouse
$123.3K
$107.9K – $143.9K
NOI $8,633 @ 7.0% cap · market cap 3.20%
Theoretical Best
Office A
$328.7K
$287.7K – $383.5K
NOI $23,012 @ 7.0% cap · market cap 8.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
622
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
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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
