600 Lanier AveFayetteville, GA 30214
- Retail properties
- 24,907 SF
Property Details for 600 Lanier Ave
- Year built
- 2008
- Construction
- FRAME
- Lot size
- 4.69 AC
- Property size (Sq ft)
- 24,907 SF
- Zone code
- C C1
- Property type
- Retail properties
- Property subtype
- Strip malls
- APN
- 52307003
- APU
- 52307003
Description
This Fayetteville, Georgia office property at 600 West Lanier Ave offers a prime opportunity for businesses seeking flexible and versatile space. The 4,884 square foot building features two suites, with one vacant suite offering 2,187 contiguous square feet, and a smaller suite of approximately 750 square feet. The property is zoned C-1 and is ideally situated at a highly visible signalized intersection of Hwy 54 and Grady Ave, boasting significant traffic counts of 30,600 vehicles per day (VPD) east of the site and 33,600 VPD west. Its location within three miles of Piedmont Fayette Hospital makes it particularly attractive for medical practices. The building provides ample parking with a ratio of 5 spaces per 1,000 square feet. The property is suitable for a variety of uses, including executive, medical, and creative office spaces, offering a minimum divisible space of 1,437 square feet. The rental rate is available upon inquiry. This is an exceptional opportunity to establish a presence in a thriving Fayette County location with excellent visibility and accessibility. Contact us today to learn more about this exceptional commercial real estate offering.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $4,656,991
- 6.5%
- $4,298,760
- 7%
- $3,991,706
-
Comparable approach
- Method
- Valuation
- Relative Method
- $12,243,066
- Geo Method
- $12,243,066
-
Alternative Use
- Use
- Valuation
- Residential
- $3,626,166
- Hospitality
- $3,321,548
- Educational
- $2,763,489
- Medical
- $2,858,530
- Retail
- $4,298,760
Location Insight
- City
- Fayetteville
- County
- Fayette
- State
- Georgia
- Latitude
- 33.4461
- Longitude
- -84.4671
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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