Freestanding Commercial Building on Corner
For Sale
Contact for pricing
326 GA-314, Fayetteville, GA 30214
Modern commercial building on a 1-acre lot with high visibility.
Property Size4,561 SF
Lot Size1.00 Acre
Price / SF$482.35
Days on Market1321
Property Features for 326 GA-314
General Information
Standard status
Active
Size
4,561 SF
Class
B
Lot size
1.00 Acre
Property subtype
Office
Zoning
C2/C3
Investment Type
Owner/User
Building Details
Year Built
2001
Buildings
1
Stories
1
Listing Agency:
Keller Williams Rlty Atl. Part
Listed By:
Christian Swann · License #GA 345777
(770) 412-3126
Source:
Crexi
Added: Mar 9, 2023
Changed: Oct 5
Last Checked: Oct 19 at 4:40AM
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 Keller Williams Rlty Atl. Part
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding commercial building, formerly a Bank of America, offers over 4,300 square feet of space on a 1-acre lot, with an additional adjacent 2 acres available. Located on the corner of Hwy 314 and New Hope Road, the property benefits from high visibility and traffic counts exceeding 20,000 vehicles per day. It is in close proximity to the Fayette Pavilion retail and restaurant district and minutes from Trilith Studios. The location is also approximately 10 minutes from Piedmont Hospital and 10-15 minutes from Atlanta Hartsfield International Airport. Built in 2001, the property features high ceilings and an open floor plan. The zoning is C2/C3, making it suitable for retail, service-oriented, and cultural businesses. The parking ratio is nearly 10 spaces per 1,000 square feet. The property is suited for an office, retail store, medical facility, restaurant, or cultural facility. It is available for sale or lease and could accommodate a franchise or fine dining restaurant. The property is ready for a business's unique vision, offering ample space, high visibility, and a prime location in a commercial district.
Key Highlights
- High‑visibility location on the corner of Hwy 314 and New Hope Road with traffic counts exceeding 20,000 vehicles per day.
- Over 4,300 sq ft modern, freestanding commercial building on a 1‑acre lot, with an additional adjacent 2 acres available.
- C2/C3 zoning allows for a variety of retail, service‑oriented, and cultural businesses, including potential for a gas station.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,152
Cap Rate
2.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,283,040
$1.3M
Cap Rate 7%
$916,457
$916.5K
Cap Rate 9%
$712,800
$712.8K
Market Conditions
NOI Build-Up for 4,561 SF
Gross rent
$100.2K $21.96/SF
− Vacancy
−$8.5K −$1.87/SF
EGI
$91.6K $20.09/SF
− OpEx
−$27.5K −$6.03/SF
NOI
$64.2K $14.07/SF
Area
Fayette County, GA
Vacancy
8.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,283,040
Cap Rate 7%
$916,457
Cap Rate 9%
$712,800
Alternative Uses
Best Use
Retail
$916.5K
$801.9K – $1.07M
NOI $64,152 @ 7.0% cap · market cap 2.92%
Second Best
Specialty Retail
$843.6K
$738.1K – $984.2K
NOI $59,049 @ 7.0% cap · market cap 2.68%
Theoretical Best
Office A
$1.27M
$1.12M – $1.49M
NOI $89,248 @ 7.0% cap · market cap 4.06%
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
25
Businesses Nearby
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 Retail in South region
Frequently Asked Questions
What type of property is this?
Bank - Modern commercial building on a 1-acre lot with high visibility.
Where is this bank located?
The property is located at 326 GA-314 Fayetteville, GA.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: High‑visibility location on the corner of Hwy 314 and New Hope Road with traffic counts exceeding 20,000 vehicles per day.; Over 4,300 sq ft modern, freestanding commercial building on a 1‑acre lot, with an additional adjacent 2 acres available.; C2/C3 zoning allows for a variety of retail, service‑oriented, and cultural businesses, including potential for a gas station.
