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Property profile & analytics
OFF-MARKET Estimated value $695,000
Investment properties

240 Lanier E Ave Fayetteville, GA 30214-1604

4,268 SF 0.47 ac lot Built 1950
Entity Owned 2-yr Hold Free & Clear
Property ID
US22-1435234
Property summary
AI-generated overview

This exceptional single-tenant executive office space, located at 240 Lanier Avenue E in Fayetteville, Georgia, presents a unique opportunity for a discerning business. The property boasts a convenient 500 square foot layout, ideal for a small business seeking a dedicated and exclusive workspace. Situated on a 0.47-acre lot, the building offers ample parking with 9 spaces available. The property's zoning is currently designated as 0. The building itself is a single-story structure, providing easy access and a streamlined workflow. While the entire second floor is available for lease as a single unit, there's also flexibility to lease individual rooms within that space, catering to various business needs and scaling options. This presents a rare chance to secure a highly desirable location in Fayetteville, GA, zip code 30214, offering both privacy and potential for expansion. The property is classified as Retail and Office, specifically an Executive Office subtype. This is an excellent opportunity for a business seeking a prominent and easily accessible location.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1950
Construction FRAME
Total area 4,268 SF
Lot 0.47 ac (20,473 SF)
Zoning code C RP
APN 52301096
UPID US22-1435234
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Benevestco Insurance Agency
  • Nia Soule Salon®️ - Ouchless Hair Braiding Hair Salon Nail Salon
  • West Lanier Flats Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$915k
CAP Approach CAP
$800k
Comparable Approach Comparable
$503k
Blend (final) Blend
$695k
Owner & transaction history
Goshen & Rehobeth Properties LLC · 2 yrs held
Goshen & Rehobeth Properties LLC
since 2023
Last sale
$665,000
4 recorded transactions
2023
$665,000
2023
Price N/A
2018
Price N/A
2014
$290,000
Zoning & alternative use
C RP · Fayetteville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center $985,000 +52.7%
Retail stores $960,000 +49.3%
Auto repair, garage $785,000 +21.9%
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