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

    886 Lanier W Ave Fayetteville, GA 30214-1511

    • Investment properties
    • 3,155 SF
    • 2.10 lot acres
    OFF-MARKET
    Last Sale
    Jan 24, 2025
    $580,000
    Value Estimations
    $580,000
    Show details
    Cap Rate Potential
    7.6%
    Investment properties
    Location Intelligence
    Property ID
    US22-1640269
    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

    • The Housing Group Real Estate / Real Estate Agency

    Property Details for 886 Lanier W Ave

    Year built
    1965
    Construction
    FRAME
    Lot size
    2.10 lot acres
    Property size
    3,155 SF
    Zone code
    C OI
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    0522 023
    APU
    522023

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $500,000
      ML approach
      $575,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $640,000
      6.5%
      $590,000
      7%
      $550,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $573,000
      Market price range: $372k - $671k
      AI Estimate
      $597,000
      Market price range: $341k - $671k

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $475,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $730,000
      Change: +53% Conversion: Difficult
      RETAIL STORES
      $710,000
      Change: +49% Conversion: Easy
      AUTO REPAIR, GARAGE
      $580,000
      Change: +22% Conversion: Difficult
      OFFICE BUILDING
      $450,000
      Change: -5% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Fayetteville
    County
    Fayette
    State
    Georgia
    Longitude
    -84.4783
    Latitude
    33.4471
    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
    $3,971
    $80,500
    $62,000
    $142,500
    -
    $201,250
    $155,000
    $356,250

    Comparable in this City

    • Value Estimation by Request
      1,618 SF

      645 Lanier E Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,618 SF
      645 Lanier E Ave, Fayetteville, GA 30214-2242
      View Details
    • Value Estimation by Request
      2,068 SF

      340 Jeff Davis Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 2,068 SF
      340 Jeff Davis Dr, Fayetteville, GA 30214-1651
      View Details
    • Value Estimation by Request
      4,784 SF

      100 Denesha Todd Ct

      OFFICE/RESIDENTIAL (MIXED USE) • 4,784 SF
      100 Denesha Todd Ct, Fayetteville, GA 30214-1754
      View Details
    • Value Estimation by Request
      2,096 SF

      260 Glynn S St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,096 SF
      260 Glynn S St, Fayetteville, GA 30214-2014
      View Details
    • Value Estimation
      $1,120,000
      5,556 SF

      225 Glynn S St

      OFFICE/RESIDENTIAL (MIXED USE) • 5,556 SF
      225 Glynn S St, Fayetteville, GA 30214-2039
      View Details
    • Value Estimation by Request
      920 SF

      1027 Hwy 54th W

      OFFICE/RESIDENTIAL (MIXED USE) • 920 SF
      1027 Hwy 54th W, Fayetteville, GA 30214-4516
      View Details

    Similar Nearby for Sale

    • $2,200,000
      4,387 SF

      Fayetteville Mixed-Use Commercial Building

      Prime Location, High Visibility, Endless Potential
      326 Ga-314, Fayetteville, GA 30214
      View Details
    • Contact for pricing
      1.01 Acres

      Fayetteville Mixed-Use Office Space

      Prime Fayetteville Office: Three Private Offices
      125 Walter Way, Fayetteville, GA 30214
      View Details
    • $903,750
      12.05 Acres

      Fayetteville Residential Land - 12 Acres

      Prime 12-acre residential tract in Fayetteville, GA.
      54 E & Simpson Rd, Fayetteville, GA 30214
      View Details
    • $797,500
      6,000 SF

      Fayetteville Office Complex Investment

      High-Traffic Location, Fully Leased
      125 Georgia Ave, Fayetteville, GA 30214
      View Details
    • $3,900,000
      13.00 Acres

      13 Acres Hwy 54 Commercial Land

      Prime Fayetteville location, high visibility, development potential.
      13 Acres Cor Hwy 54, Fayetteville, GA 30214
      View Details
    • $999,000
      3.00 Acres

      Hwy 54 West Commercial Land

      ±3 Acres, High Traffic, Fayetteville, GA
      1472 Highway 54, Fayetteville, GA 30214
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      72,125 SF

      Uptown Square Retail Space Available

      Fayetteville, GA retail space for lease. Multiple units available.
      1415 Highway 85, Fayetteville, GA 30214
      View Details
    • $15 SF/Yr
      178,871 SF

      Banks Station Office Suites

      Fayetteville Office Space: 1,200-26,000 SF
      101 Banks Rd, Fayetteville, GA 30214
      View Details
    • Contact for pricing
      460,962 SF

      Newnan Pavilion Retail Center

      Georgia Shopping Center - Spaces Available
      1074 Bullsboro Dr, Newnan, GA 30214
      View Details
    • $7,500 /Mo

      Fayetteville Warehouse with Fenced Storage

      6,000 SF warehouse with fenced storage on 1.16 acres.
      150 Tober Trl, Fayetteville, 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
    • Contact for pricing

      Industrial Property in Tyrone, Georgia

      Industrial property available for lease in Tyrone, Georgia.
      St. Hwy 74 & Jenkins Rd, Tyrone, GA 30214
      View Details
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    886 Lanier W Ave
    Fayetteville, GA 30214-1511
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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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