2092 Fairburn Rd
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2092 Fairburn Rd
1,800 SF 100% Leased Office Building Douglasville, GA 30135 $910,935 CAD ($506 CAD/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
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 (CAD) | Annual Per SF (CAD) |
|---|---|---|
| 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 (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment
Property Type
Building Size
1,800 SF
Building Class
C
Year Built
1989
Price
$910,935 CAD
Price Per SF
$506 CAD
Cap Rate
6.48%
NOI
$58,997 CAD
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
| Parcel Number | 0182-09-1-0-008 | Total Assessment | $117,528 CAD |
| Land Assessment | $49,978 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $67,550 CAD | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
0182-09-1-0-008
Land Assessment
$49,978 CAD
Improvements Assessment
$67,550 CAD
Total Assessment
$117,528 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2023
-
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2092 Fairburn Rd
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