Office Suite with Reception and
902-500 Lanier Ave W Fayetteville, GA 30214
902-500 Lanier Ave W, Fayetteville, GA, 30214
$229,900
For Sale
$229,900
Office suite with up to four private offices, reception area, common space, kitchen, and ADA restroom.
Property Size1,344 SF
Price / SF$171.06
Days on Market143
Property Features for 902-500 Lanier Ave W
General Information
- Standard status
- Active
- Size
- 1,344 SF
Listing agency
Southern Classic Realtors
(404) 558-8840
Listed by
Carolyn Schmalenberger
(404) 558-8840
Source
Exprealty
Added: Feb 28 Updated: Jul 21 at 8:40AM Checked: Jul 21 at 8:40AM
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 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
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.1k | $23.87 |
| − Vacancy | −$8.1k | −$6.02 |
| EGI | $24.0k | $17.85 |
| − OpEx | −$6.0k | −$4.46 |
| NOI | $18.0k | $13.39 |
1,344 SF · lease $23.87/SF/yr · vacancy 25.20% · expense 25.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
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FAQs
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
