240 Lanier AveFayetteville, GA 30214

  • Mixed-use properties
  • 4,268 SF
For Lease
$32.40/SF/YR View listing

Property Details for 240 Lanier Ave

Year built
1950
Construction
FRAME
Lot size
0.47 AC
Property size (Sq ft)
4,268 SF
Zone code
C RP
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
52301096
APU
52301096

Description

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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $542,864
    6.5%
    $501,105
    7%
    $465,312
  • Comparable approach

    Method
    Valuation
    Relative Method
    $832,516
    Geo Method
    $832,516
  • Alternative Use

    Use
    Valuation
    Residential
    $621,370
    Hospitality
    $569,172
    Educational
    $473,544
    Medical
    $489,830
    Retail
    $736,625
240 Lanier Ave, Fayetteville, Georgia

Location Insight

City
Fayetteville
County
Fayette
State
Georgia
Latitude
33.4489
Longitude
-84.4515
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
$3,628
$40,948
$78,240
$119,188
-
$102,370
$195,600
$297,970

FAQs

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