1205 Highway 92Fayetteville, GA 30215

Property Details for 1205 Highway 92

Year built

1988

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

1.01 AC

Property size (Sq ft)

5,499 SF

Zone code

C CH

Property type

Office properties

Property subtype

Office buildings

APN

0504 030

APU

504030

Description

This exceptional 5,496 square foot office building, situated on a 0.91-acre lot at the highly visible intersection of Highway 92 and Antioch Road in Fayetteville, Georgia (30215), presents a compelling investment opportunity. Built in 1988 and extensively renovated in 2022, this single-story, Class C building features 14 private offices, a spacious conference room, a full kitchen, a large reception area, ample storage, and five bathrooms. The property boasts four separate entrances, providing flexibility for multiple tenants. With 32 parking spaces and permitted C CH zoning, this property is ideally suited for a variety of professional uses, including medical, traditional office, law firms, accounting, insurance, mortgage lending, or financial services. The building is currently vacant, offering a blank canvas for a new owner/user. The asking price is $1,100,000, reflecting a price per square foot of $206.38. The property's strategic location on a state highway roundabout ensures high visibility and accessibility, with significant daily traffic. Its former status as a top-rated tourist destination, featuring an attractive garden, adds to its appeal. The property's Net Rentable Square Footage is 5,496 square feet. The APN is 0504 030. This is a NNN investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $699,440

  6.5%

  $645,637

  7%

  $599,520

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,072,635

  Geo Method

  $1,072,635

• Alternative Use

  Use

  Valuation

  Residential

  $800,590

  Hospitality

  $733,336

  Educational

  $610,127

  Medical

  $631,110

  Retail

  $949,086

Location Insight

City

Fayetteville

County

Fayette

State

Georgia

Latitude

33.401

Longitude

-84.4419

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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