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Freestanding Commercial Building on Corner Lot

326 GA-314 Fayetteville, GA 30214

326 GA-314, Fayetteville, GA, 30214
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For Sale
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Modern 4,378 SF commercial building on high-traffic corner lot.

Property Size4,378 SF
Lot Size1.00 Acre
Price / SF$502.51
Days on Market1204

Property Features for 326 GA-314

General Information

Standard status
Active
Size
4,378 SF
Lot size
1.00 Acre
Property subtype
Mixed Use

Building Details

Year Built
2001
Listing agency Keller Williams Rlty Atl. Part
Listed by Christian Swann · License #GA 345777
Source Crexi
Added: Apr 5, 2023 Updated: Jul 10 at 3:41PM Checked: Jul 21 at 10:31AM

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


Investment Insights

Based on property information with market context.

This freestanding commercial building, formerly a Bank of America, offers 4,378 square feet of space on a 1-acre lot, with 2 additional adjacent acres available. Constructed in 2001 and renovated in 2002, the property features high ceilings and an open floor plan. Located at the corner of Hwy 314 and New Hope Road, the site benefits from high visibility and traffic counts exceeding 20,000 vehicles per day. It is also near the Fayette Pavilion retail and restaurant district. Zoned C2/C3, the property is suited for retail, office, restaurant, or gas station use. Parking is ample, with a ratio of 9.9 spaces per 1,000 square feet. This property presents a versatile space for various commercial ventures, from retail stores to medical facilities. It is suitable for both startups and established businesses seeking a new location in a vibrant commercial district.

Key Highlights

  • High‑visibility corner location on Hwy 314 and New Hope Road with over 20,000 vehicles per day.
  • Versatile C2/C3 zoning suitable for retail, office, restaurant, or gas station.
  • Ample parking with a ratio of 9.9 per 1,000 square feet.

Local Financial Insights For Retail

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 $96.1k $21.96
− Vacancy −$8.2k −$1.87
EGI $88.0k $20.09
− OpEx −$26.4k −$6.03
NOI $61.6k $14.07
4,378 SF · lease $21.96/SF/yr · vacancy 8.50% · expense 30.00%

Alternative Uses

Best Use
Retail
$879.7K
$769.7K – $1.03M (±1% cap)
NOI $61,578 @ 7.0% cap · market cap 2.80%
Second Best
Specialty Retail
$809.7K
$708.5K – $944.7K (±1% cap)
NOI $56,680 @ 7.0% cap · market cap 2.58%
Theoretical Best
Office A
$1.22M
$1.07M – $1.43M (±1% cap)
NOI $85,667 @ 7.0% cap · market cap 3.89%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Banks

FAQs

What type of property is this?
Bank - Modern 4,378 SF commercial building on high-traffic corner lot.
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 corner location on Hwy 314 and New Hope Road with over 20,000 vehicles per day.; Versatile C2/C3 zoning suitable for retail, office, restaurant, or gas station.; Ample parking with a ratio of 9.9 per 1,000 square feet.
Contact an agent
(770) 412-3126 Call to check price and availability
More about this property
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