Vernon Street, Lagrange, GA 30241
COMMERCIAL - Lagrange, GA
- Added:
- Apr 17, 2025
- Days on Market:
- 422
- Last Refresh:
- Jun 12 at 2:06 pm
Property Features for Vernon Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 0614B024001A
- Size
- 1,404 SF
- Lot size
- 1.30 Acres
Taxes and HOA fees
- Tax Year
- 23
- Tax Annual Amount
- 416
Utilities
- Utilities
- Electricity Available
Building Details
- Year built
- 1969
- Building materials
- Concrete
- Roof type
- Composition
Listing agent Yvette Potts License #408194 (706) 885-2046
Listing office Southern Classic Realtors Po Box 6565, Monroe, GA (678) 635-8877
Listing date Apr 17, 2025
Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Prime downtown LaGrange location, steps from the college.
- High traffic count of 16,000 on Vernon Street.
- Two commercial lots totaling 1.31 acres.
- Existing 1,404 sq ft concrete building with three roll‑up doors.
- Versatile access with separate entrances on Vernon and Boulevard.
- Utilities: Electricity Available
Overview
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 | $25.6k | $18.24 |
| − Vacancy | −$1.2k | −$0.84 |
| EGI | $24.4k | $17.40 |
| − OpEx | −$7.3k | −$5.22 |
| NOI | $17.1k | $12.18 |
Alternative Uses
Current Use by Public Records
Map
- City
- Lagrange
- County
- Troup
- State
- Georgia
- Longitude
- -85.032054
- Latitude
- 33.038717
