Quality-Built Office
For Sale
$1,100,000
809 W Bankhead Highway, Villa Rica, GA 30180
Flexible floor plan office building with ample on-site parking, positioned along a high-traffic corridor and zoned for commercial use.
Property Size5,379 SF
Price / SF$204.50
Days on Market367
Property Features for 809 W Bankhead Highway
General Information
Standard status
Active
Size
5,379 SF
Property subtype
Retail
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$5,769
Amenities
Central Air
3
Other, Carpet
Composition
Parking. Corner Lot.
40 Parking Spaces. Lot.
31363.19921875
Corner, State Road, US Highway.
Building Details
Year Built
1989
Listing Agency:
Metro West Realty Group LLC
(770) 815-4088
Listed By:
Joel Morris
(770) 815-4088
Source:
Xome
Added: Aug 23, 2025
Changed: Aug 23
Last Checked: Aug 23 at 6:46AM
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 Metro West Realty Group LLC
Investment Insights
Based on property information with market context.
This for-sale office building is described as quality-built and designed with a flexible floor plan to support a variety of business uses. The property offers a professional office setting and includes ample on-site parking.
The building is located along W. Bankhead Highway in Villa Rica, Georgia, with high-traffic exposure and easy access. The remarks indicate the property is just minutes from I-20 and downtown Villa Rica, and it is surrounded by retail, dining, and service businesses.
The property is noted as zoned for commercial/office use, which supports a range of commercial occupancy needs. It is being marketed for both owner-users and investors seeking rental income.
The building is located along W. Bankhead Highway in Villa Rica, Georgia, with high-traffic exposure and easy access. The remarks indicate the property is just minutes from I-20 and downtown Villa Rica, and it is surrounded by retail, dining, and service businesses.
The property is noted as zoned for commercial/office use, which supports a range of commercial occupancy needs. It is being marketed for both owner-users and investors seeking rental income.
Key Highlights
- Commercial office building along high‑traffic W. Bankhead Highway in Villa Rica, GA
- Zoned for commercial/office use
- Ample on‑site parking
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
$72,031
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
6.55%
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%
$1,440,620
$1.4M
Cap Rate 7%
$1,029,014
$1.0M
Cap Rate 9%
$800,344
$800.3K
Market Conditions
NOI Build-Up for 5,379 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
$128.4K $23.87/SF
− Vacancy
−$32.4K −$6.02/SF
EGI
$96.0K $17.85/SF
− OpEx
−$24.0K −$4.46/SF
NOI
$72.0K $13.39/SF
Area
Carroll 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 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%
$1,440,620
Cap Rate 7%
$1,029,014
Cap Rate 9%
$800,344
Alternative Uses
Best Use
Office B
$1.03M
$900.4K – $1.20M
NOI $72,031 @ 7.0% cap · market cap 6.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.50M
$1.32M – $1.75M
NOI $105,255 @ 7.0% cap · market cap 9.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
296
Businesses Nearby
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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Frequently Asked Questions
What type of property is this?
Office building - Flexible floor plan office building with ample on-site parking, positioned along a high-traffic corridor and zoned for commercial use.
Where is this office building located?
The property is located at 809 W Bankhead Highway Villa Rica, GA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Commercial office building along high‑traffic W. Bankhead Highway in Villa Rica, GA; Zoned for commercial/office use; Ample on‑site parking
