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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1240 Hwy 54th W Fayetteville, GA 30214-4557

    • Strip malls
    • 107,905 SF
    • 13.23 lot acres
    OFF-MARKET
    Value Estimations
    $16,275,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-0877432
    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.

    Current Use by Public Records

    • Minuteman Press / Marketing & Advertising / Printing Service
    • Pita Mediterranean Street Food / Restaurant
    • Endodontic Associates of Atlanta/Dr. Bhavik Shah, DMD and Dr. Ben Wheeler, DMD / Dental Office
    • Farmers Insurance - Benny Crane / Insurance Agency
    • PENN STATION GYM / Gym & Fitness Center

    Property Details for 1240 Hwy 54th W

    Year built
    2007
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    13.23 lot acres
    Property size
    107,905 SF
    Zone code
    C C3
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    0521 008
    APU
    521008

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $23,285,000
      6.5%
      $21,490,000
      7%
      $19,955,000

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $24,900,000
      Current use
      RETAIL STORES
      $24,335,000
      Change: -2% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Fayetteville
    County
    Fayette
    State
    Georgia
    Longitude
    -84.5065
    Latitude
    33.4496
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN 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
    $149,535
    $1,152,600
    $3,759,840
    $4,912,440
    -
    $2,881,500
    $9,399,600
    $12,281,100

    Comparable in this City

    • Value Estimation
      $2,065,000
      21,700 SF

      1040 Hwy 54th E

      SHOPPING CENTER, STRIP CENTER • 21,700 SF
      1040 Hwy 54th E, Fayetteville, GA 30214-2211
      View Details
    • Value Estimation
      $4,890,000
      27,495 SF

      Trilith Pkwy Of

      SHOPPING CENTER, STRIP CENTER • 27,495 SF
      Trilith Pkwy Of, Fayetteville, GA 30214
      View Details
    • Value Estimation
      $3,435,000
      36,975 SF

      692 Glynn N St

      SHOPPING CENTER, STRIP CENTER • 36,975 SF
      692 Glynn N St, Fayetteville, GA 30214-6714
      View Details
    • Value Estimation
      $1,210,000
      11,900 SF

      899th N Glynn St

      SHOPPING CENTER, STRIP CENTER • 11,900 SF
      899th N Glynn St, Fayetteville, GA 30214
      View Details
    • Value Estimation
      $6,480,000
      71,430 SF

      A B N Glynn St

      SHOPPING CENTER, STRIP CENTER • 71,430 SF
      A B N Glynn St, Fayetteville, GA 30214
      View Details
    • Value Estimation
      $9,795,000
      110,032 SF

      116 Bethea Rd

      SHOPPING CENTER, STRIP CENTER • 110,032 SF
      116 Bethea Rd, Fayetteville, GA 30214-7239
      View Details

    Similar Nearby for Sale

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      Historic Home & Commercial Lot

      Historic 1918 home and commercial lot in downtown Fayetteville.
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    • $1,200,000
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      Fayetteville Restaurant Space For Sale

      Restaurant-ready space with high visibility and traffic in Fayetteville, GA.
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    • $799,000
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      Fully Leased Fayetteville Commercial Property

      Income-producing commercial property in a high-demand Fayetteville corridor.
      125 Georgia Ave, Fayetteville, GA 30214
      View Details
    • $407,000
      11.30 Acres

      Fayetteville Commercial Land - 11.3 Acres

      11.3-acre commercial land, prime Fayetteville location.
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    • $1,300,000
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      French Valley Commons Warehouse Space

      Riverside County warehouse; multiple suites available.
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      12,383 SF

      Fayetteville Office Building - 12,383 SF

      Prime Fayetteville location, versatile office space.
      675 Jeff Davis Dr, Fayetteville, GA 30214
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      460,962 SF

      Newnan Pavilion Retail Center

      Georgia Shopping Center - Spaces Available
      1074 Bullsboro Dr, Newnan, GA 30214
      View Details
    • Contact for pricing

      Regional Power Center in Newnan

      460,962 SF retail center anchored by national tenants.
      1074 Bullsboro Dr, Newnan, GA 30214
      View Details
    • Contact for pricing
      3,825 SF

      Retail Space in Fayetteville, GA

      Retail space available for lease in Fayetteville, Georgia.
      1360 Highway 85 N, Fayetteville, GA 30214
      View Details
    • $14 SF/Yr
      3,200 SF

      Hwy 85 Warehouse For Lease

      Fayetteville, GA warehouse space available.
      1583 Ga-85, Fayetteville, GA 30214
      View Details
    • $16 SF/Yr
      1,485 SF

      Fayetteville Retail Space Available

      1,485 SF Retail Space in Prime Location
      45 Hudson Plz, Fayetteville, GA 30214
      View Details
    • Contact for pricing
      19,980 SF

      Teton Village Retail Space Available

      High-visibility retail endcaps in Fayetteville, GA
      455 Glynn St, Fayetteville, GA 30214
      View Details
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    Fayetteville, GA 30214-4557
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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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