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Property profile & analytics
FOR SALE
Office buildings

504 E Depot St Lagrange, GA 30240

9,560 SF 1.4 ac lot Built 1940
Individually Owned 2-yr Hold Free & Clear
Property ID
US22-1800189
Property summary
AI-generated overview

This exceptional 9,560 square foot commercial property, situated on a spacious 1.4-acre lot, presents a remarkable investment opportunity in Lagrange, Georgia. Located in the vibrant Downtown District, this multi-use building enjoys a high-traffic location adjacent to the Georgia Conservancy Calumet Village revitalization project. Previously used as a transitional home, the property boasts a diverse array of adaptable spaces, making it ideal for a wide range of commercial ventures. Features include a welcoming front reception area, 52 bedrooms, multiple meeting rooms, a fully equipped commercial kitchen, a cafeteria, several office spaces, a dedicated recreational room, and extensive storage areas. The building also benefits from a large rear parking lot, ensuring ample parking for staff, clients, and visitors. The property is offered with a lease-purchase option, providing a flexible pathway to ownership. This presents a unique chance for entrepreneurs, investors, and developers seeking a substantial property with significant upside potential in a rapidly developing area. The building's size and versatile layout offer immense possibilities for creative adaptation and redevelopment. Don't miss this chance to acquire a prime commercial property in a thriving location.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1940
Total area 9,560 SF
Lot 1.4 ac (60,984 SF)
Zoning code 16- TN-MX
APN 0503C012001
UPID US22-1800189
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Rodney Jackson · 2 yrs held
Rodney Jackson
since 2023
5 recorded transactions
2023
Price N/A
2014
Price N/A
2013
Price N/A
2013
Price N/A
2013
Price N/A
Zoning & alternative use
16- TN-MX · Lagrange, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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