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    107 Crye Leike Dr Fort Oglethorpe, GA 30742

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    107 Crye Leike Dr Fort Oglethorpe, GA 30742

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    • Office properties & Spaces
    • 22,718 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office properties & Spaces

    Property Details for 107 Crye Leike Dr

    Property size
    22,718 SF
    Property type
    Office properties & Spaces

    Description

    This exceptional 1,278 square foot end-unit office space is ideally situated in the Crye-Leike Plaza in Fort Oglethorpe, Georgia. Located at a highly visible traffic light directly off Battlefield Parkway, this property benefits from excellent accessibility and high visibility, situated behind well-known businesses like Tire Discounters and Chipotle. The unit features a flexible open floor plan with a dividing wall allowing for customizable layouts to suit various business needs. Multiple entrances provide convenient access, including a side entry, front door, and rear door. Abundant natural light floods the space through numerous front windows and a large side window. Two restrooms are conveniently located near the front of the unit for customer use. The rear of the unit offers a unique opportunity, pre-plumbed for a commercial sink and ideal for a walk-in cooler or freezer. This versatile space is adaptable for either office or retail use, making it a highly attractive option for a variety of businesses. The entire building encompasses 22,718 square feet, and this unit is a single-tenant space within a larger complex. This prime location and adaptable layout present a compelling opportunity for businesses seeking a well-positioned and functional space.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Fort Oglethorpe
    County
    Catoosa
    State
    Georgia
    Longitude
    -85.2176
    Latitude
    34.9415

    Comparable in this City

    • Value Estimation by Request
      3,380 SF

      Battlefield Pkwy

      OFFICE (GENERAL) • 3,380 SF
      Battlefield Pkwy, Fort Oglethorpe, GA 30742
      View Details
    • Value Estimation
      $630,000
      5,184 SF

      1468 Battlefield Pkwy

      OFFICE (GENERAL) • 5,184 SF
      1468 Battlefield Pkwy, Fort Oglethorpe, GA 30742-4012
      View Details
    • Value Estimation
      $1,075,000
      18,054 SF

      1875 Fant Dr

      OFFICE (GENERAL) • 18,054 SF
      1875 Fant Dr, Fort Oglethorpe, GA 30742-3307
      View Details
    • Value Estimation by Request
      1,960 SF

      104 Forrest Rd

      OFFICE (GENERAL) • 1,960 SF
      104 Forrest Rd, Fort Oglethorpe, GA 30742-3675
      View Details
    • Value Estimation by Request
      1,344 SF

      3056 Lafayette Rd

      OFFICE (GENERAL) • 1,344 SF
      3056 Lafayette Rd, Fort Oglethorpe, GA 30742-3782
      View Details
    • Value Estimation by Request
      1,760 SF

      1670 Battlefield Pkwy

      OFFICE (GENERAL) • 1,760 SF
      1670 Battlefield Pkwy, Ft Oglethorpe, GA 30742-4046
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1 SF

      Battlefield Parkway Commercial Property

      Commercial property for sale on Battlefield Parkway.
      1155 Battlefield Pkwy, Fort Oglethorpe, GA 30742
      View Details
    • Contact for pricing

      Battlefield Parkway Commercial Land Available

      9.8 acres of commercial land near Walmart.
      00-C Battledfield Pkwy, Fort Oglethorpe, GA 30742
      View Details
    • $550,000

      Battlefield Parkway Retail Parcels Available

      Two 1.54 acre retail parcels on Battlefield Parkway.
      00-A Battlefield Pkwy, Fort Oglethorpe, GA 30742
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    • Contact for pricing
      14,000 SF

      Historic Fort Oglethorpe Stable Building

      Historic 11,000 SF stable building with renovation potential.
      2840 Lafayette Rd, Fort Oglethorpe, GA 30742
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    • Contact for pricing

      Battlefield Parkway Commercial Land For Sale

      1.54 acre commercial lot on Battlefield Parkway.
      00-A Battlefield Pkwy, Fort Oglethorpe, GA 30742
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    • $2,700,000

      Freestanding Restaurant Property on Battlefield Parkway

      Freestanding restaurant property in high-traffic Fort Oglethorpe location.
      2047 Battlefield Pkwy, Fort Oglethorpe, GA 30742
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    Similar Nearby for Lease

    • Contact for pricing

      Battlefield Parkway Retail Opportunity

      Retail space available on high-traffic Battlefield Parkway.
      731 Battlefield Pkwy, Fort Oglethorpe, GA 30742
      View Details
    • $8 SF/Yr

      Downtown Fort Oglethorpe Quartermaster Building

      Versatile commercial spaces in historic Fort Oglethorpe building.
      11 Quartermaster Cir, Fort Oglethorpe, GA 30742
      View Details
    • Contact for pricing

      Battlefield Centre Retail Space Available

      Discount retail shopping center in Fort Oglethorpe, GA.
      1785 Battlefield Pkwy, Fort Oglethorpe, GA 30742
      View Details
    • $12 SF/Yr

      Retail Space in Parkway Village

      Retail space available in busy shopping center.
      723 Battlefield Pkwy, Fort Oglethorpe, GA 30742
      View Details
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    107 Crye Leike Dr
    Fort Oglethorpe, GA 30742
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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