Flexible Floor Plan Office
For Sale
$1,100,000
809 W Bankhead, Villa Rica, GA 30180
COMMERCIAL - Villa Rica, GA
Property Size5,380 SF
Price / SF$204.46
Days on Market269
Property Features for 809 W Bankhead
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
1-North Carroll County
Standard status
Active
Size
5,380 SF
Building Details
Year built
1989
Listing Agency:
Metro West Realty
(770) 836-0042
Listed By:
Joel Morris · License #292526
(770) 815-4088
Added: Nov 24, 2025
Changed: Aug 4
Last Checked: Aug 20 at 5:06AM
MLS# 148440
Copyright © 2026 West Metro Board of Realtors. 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.
Quality-built office building at 809 W Bankhead in Villa Rica, GA offering a flexible floor plan designed to support a variety of business uses. The property is 5,380 SF and was built in 1989, providing a well-appointed professional setting for owner-users or tenants.
The building is located along high-traffic W. Bankhead Highway with easy access, plus ample on-site parking. The site is just minutes from I-20 and downtown Villa Rica, supporting strong everyday convenience for employees and visitors. The property is zoned for commercial/office use.
Overall, this is a straightforward office asset with a flexible interior layout, highway visibility, and on-site parking suited to a range of commercial/office occupancies.
The building is located along high-traffic W. Bankhead Highway with easy access, plus ample on-site parking. The site is just minutes from I-20 and downtown Villa Rica, supporting strong everyday convenience for employees and visitors. The property is zoned for commercial/office use.
Overall, this is a straightforward office asset with a flexible interior layout, highway visibility, and on-site parking suited to a range of commercial/office occupancies.
Key Highlights
- 5,380 SF office building built in 1989
- Flexible floor plan for a variety of business uses
- Located along high‑traffic W. Bankhead Highway
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
$72,044
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%
$1,440,880
$1.4M
Cap Rate 7%
$1,029,200
$1.0M
Cap Rate 9%
$800,489
$800.5K
Market Conditions
NOI Build-Up for 5,380 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
$96.1K $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%
$1,440,880
Cap Rate 7%
$1,029,200
Cap Rate 9%
$800,489
Alternative Uses
Best Use
Office B
$1.03M
$900.6K – $1.20M
NOI $72,044 @ 7.0% cap · market cap 6.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.50M
$1.32M – $1.75M
NOI $105,274 @ 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
308
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Quality-built office building on W. Bankhead Highway with flexible floor plan, ample on-site parking, and commercial/office zoning.
Where is this office building located?
The property is located at 809 W Bankhead 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: 5,380 SF office building built in 1989; Flexible floor plan for a variety of business uses; Located along high‑traffic W. Bankhead Highway
