Office Suite with Reception and
For Sale
$229,900
Pending
902-500 Lanier Ave W, Fayetteville, GA 30214
Office suite with up to four private offices, reception area, common space, kitchen, and ADA restroom.
Property Size1,344 SF
Days on Market224
Property Features for 902-500 Lanier Ave W
General Information
Standard status
Pending
Size
1,344 SF
Taxes and HOA fees
Annual Taxes
$1,854
Listing Agency:
Southern Classic Realtors
(678) 635-8877
Listed By:
Carolyn Schmalenberger · License #142905
(404) 558-8840
Source:
Exprealty
Added: Feb 28
Changed: Oct 2
Last Checked: Oct 9 at 10:03PM
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 Southern Classic Realtors
Investment Insights
Based on property information with market context.
This office suite offers a versatile layout designed for professional use, with up to four private offices plus a dedicated reception area. Additional space includes a common area suitable for collaboration or a conference setup, along with a fully equipped kitchen for staff convenience. The suite also includes a handicap-accessible restroom.
The property is located within the Fayetteville office park at 902-500 Lanier Ave W, Fayetteville, GA, with ample on-site parking for employees and visitors. The location provides access to major thoroughfares and nearby restaurants and local amenities.
Available for sale, the suite is presented as part of the Fayetteville office park environment, with possible owner financing discussed in the public remarks.
The property is located within the Fayetteville office park at 902-500 Lanier Ave W, Fayetteville, GA, with ample on-site parking for employees and visitors. The location provides access to major thoroughfares and nearby restaurants and local amenities.
Available for sale, the suite is presented as part of the Fayetteville office park environment, with possible owner financing discussed in the public remarks.
Key Highlights
- Office suite in Fayetteville Office Park with space for up to 4 private offices
- Includes a reception area plus a large common area for collaboration or a conference table
- Fully equipped kitchen for staff convenience
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,998
Cap Rate
7.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$359,960
$360.0K
Cap Rate 7%
$257,114
$257.1K
Cap Rate 9%
$199,978
$200.0K
Market Conditions
NOI Build-Up for 1,344 SF
Gross rent
$32.1K $23.87/SF
− Vacancy
−$8.1K −$6.02/SF
EGI
$24.0K $17.85/SF
− OpEx
−$6.0K −$4.46/SF
NOI
$18.0K $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%
$359,960
Cap Rate 7%
$257,114
Cap Rate 9%
$199,978
Alternative Uses
Best Use
Office B
$257.1K
$225.0K – $300.0K
NOI $17,998 @ 7.0% cap · market cap 7.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$375.7K
$328.7K – $438.3K
NOI $26,299 @ 7.0% cap · market cap 11.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
532
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 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 units - Office suite with up to four private offices, reception area, common space, kitchen, and ADA restroom.
Where is this office units located?
The property is located at 902-500 Lanier Ave W Fayetteville, GA.
What is the asking price?
The asking price for this property is $229,900.
What are key features of this property?
This property features: Office suite in Fayetteville Office Park with space for up to 4 private offices; Includes a reception area plus a large common area for collaboration or a conference table; Fully equipped kitchen for staff convenience
