90 Commerce Dr Fayetteville, GA 30214-7519
Property profile & analytics
90 Commerce Dr Fayetteville, GA 30214-7519
- Office buildings
- 12,054 SF
- 1.32 lot acres
Property ID
US22-1225311
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
- Cornerstone Auto sales LLC / Car Dealership
- Essential Medical and Mental Health Institute / High School / Vocational School
- South Atlanta Community Church / Church
- Shirley Home Away From Home / Nursing Home / Social Service Agency
- Mrs. Stefanie Hughes / Marriage Or Relationship Counselor
Property Details for 90 Commerce Dr
- Year built
- 1989
- Construction
- FRAME
- Lot size
- 1.32 lot acres
- Property size
- 12,054 SF
- Zone code
- C C2
- Property type
- Office buildings
- APN
- 0530 093
- APU
- 530093
Description
This exceptional investment opportunity presents a fully occupied, 37,000 square foot office park situated in Fayetteville, Georgia. The property, known as Commerce Point Office Park, comprises four single-story buildings totaling 33 individual office suites, ranging from 650 to 3,000 square feet. Currently boasting 100% occupancy, the park offers a stable income stream with a Net Operating Income (NOI) of $355,655 and a 6.70% capitalization rate. The asking price is $5,300,000, translating to $143.24 per square foot. Built in 1989, the property sits on a 3.82-acre lot and is zoned C2. Located at 90 Commerce Drive, Fayetteville, GA 30214, this asset benefits from its prime location in one of Georgia's fastest-growing counties, Fayette County, known for its high average household income of $122,014 and its concentration of national and international companies. The ease of management, with minimal operational overhead, further enhances its appeal. Current rents are significantly below market value, presenting a substantial opportunity for increased profitability. The property's consistent 100% occupancy, even during the COVID-19 pandemic, underscores its strong tenant demand and resilience. Its proximity to the Atlanta airport (within 10 minutes) adds to its strategic advantage. This is a rare chance to acquire a well-positioned, high-performing office park with significant upside potential.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $4,475,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,870,000
- 6.5%
- $2,650,000
- 7%
- $2,460,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,996,000
Market price range: $920k - $2.82M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $2,780,000
- RETAIL STORES
- $2,720,000
- AUTO REPAIR, GARAGE
- $2,220,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Fayetteville
- County
- Fayette
- State
- Georgia
- Longitude
- -84.4523
- Latitude
- 33.4637
- 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
$18,512
$69,000
$539,160
$608,160
-
$172,500
$1,347,900
$1,520,400
