1027 Hogansville Rd Lagrange, GA 30241-1498
Property profile & analytics
1027 Hogansville Rd Lagrange, GA 30241-1498
- Retail space
- 5,000 SF
- 0.69 lot acres
Property ID
US22-0859576
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- UPS Access Point location / Courier Service / Postal Service
- Advance Auto Parts / Auto Parts Store
- CARQUEST AUTO PARTS #3716 / Auto Parts Store
Property Details for 1027 Hogansville Rd
- Year built
- 1999
- Lot size
- 0.69 lot acres
- Property size
- 5,000 SF
- Zone code
- 16- CR-MX
- Property type
- Retail space
- APN
- 0502D002021
- APU
- 0502D002021
Description
This exceptional investment opportunity presents a fee-simple, Class A, 5,000 square-foot auto parts store located at 1027 Hogansville Rd, LaGrange, GA 30241. The property boasts a strong 6.00% cap rate, generating a net operating income (NOI) of $32,483 annually. Currently occupied by a corporate-guaranteed tenant under an absolute triple-net (NNN) lease, this single-tenant building offers significant long-term stability. The lease, with a remaining term of 9.6 years, includes six five-year renewal options, ensuring consistent income well into the future. Built in 1998, the one-story building sits on a 0.73-acre lot and benefits from a prime location in a low-vacancy retail node, surrounded by major retailers and over 1,200 apartment units within a 1.5-mile radius. The tenant, a publicly traded company, has a long operating history at this location and recently extended their lease, demonstrating their commitment to the site. The property's price per square foot is $108.20, and rent bumps are included in the option period. This is a rare opportunity to acquire a low-risk, high-return investment with minimal landlord responsibilities. The property's strong tenant, favorable lease terms, and strategic location make it an ideal addition to any investment portfolio. The high traffic count on Hogansville Rd (11.4K VPD) further enhances the property's appeal.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Lagrange
- County
- Troup
- State
- Georgia
- Longitude
- -85.0102
- Latitude
- 33.0497
- CBSA code
- 29300
- CBSA name
- LAGRANGE, GA-AL MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,896
$52,240
$127,280
$179,520
-
$130,600
$318,200
$448,800
