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2092 Fairburn Rd

1,800 SF 100% Leased Office Building Douglasville, GA 30135 $648,500 ($360/SF) 6.48% Cap Rate

Investment Highlights

  • Across the street from the new Douglasville Municipal Building, Police Station, Court, Safety Ensured!
  • FOR SALE OR LEASE - OWNER FINANCING - Brick walls, exposed for sunlight
  • Business park lot (parking)

Executive Summary

FOR SALE OR LEASE - The subject property is directly across the street from the new City of Douglasville, Police Station, Court and Municipal Building on Hwy 92, Fairburn Road.
The property is zoned Commercial (C-G) and was previously used as a Real Estate Sales Office. The interior underwent a complete $300,000 renovation 5 years ago. This would be a perfect office for an Attorney, Insurance, Bail Bonds, or other Service Business Office use.
Exceptional visibility, easy access at traffic light, Plenty of Parking
Seller would consider providing owner financing - via Purchase Money Balloon Mortgage for well-qualified buyer.
Lease at $18.00 NNN

Financial Summary (Pro forma - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income - -

Financial Summary (Pro forma - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
1,800 SF
Building Class
C
Year Built
1989
Price
$648,500
Price Per SF
$360
Cap Rate
6.48%
NOI
$42,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
1,800 SF
Building FAR
0.08
Land Acres
0.52 AC
Zoning
Commercial - Commercial Zoning: C-G. 0.44 Acres 09101820008 Real BLDG/LOT 2, BLK. A, 0.43 AC, W. J. PILGRIM PR 2092 HWY 92 - FAIRBURN RD 30135
Parking
8 Spaces (4.44 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0182-09-1-0-008
Land Assessment
$38,000
Improvements Assessment
$51,360
Total Assessment
$89,360
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
  • Listing ID: 28473591

  • Date on Market: 5/12/2023

  • Last Updated:

  • Address: 2092 Fairburn Rd, Douglasville, GA 30135

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