$1,400,000
●
Land -
For Sale
828 New Franklin Road
Lagrange, GA 30240
Studio
0 Bath
$7,164
Est. Monthly
About This Property
7.01 acres of premium commercial land. Strategically located just
north of downtown LaGrange. This site offers exceptional visibility
and traffic counts in one of the city's most active retail
corridors. Ideal For: Automotive dealerships or service centers
Retail developments Medical or professional offices Mixed-use
projects State-of-the-art storage facilities; Surrounding Anchors
Walmart, Publix, Aldi, Chick-Fil-A, Burger King, Waffle House,
AutoZone, Staples, Zaxby's, Dunkin' Donuts, Planet Fitness, and
more - all within close proximity. Over 75,000 residents within a
5-mile radius Just 45 minutes south of Atlanta and
Hartsfield-Jackson International Airport. Immediate access to
Interstate 85/I-85 corridor
Unit Size
-
Days on Market
366 days
Land Size
7.01 acres
Price per sqft
-
Property Type
Land
Property Taxes
$289
HOA Dues
-
Year Built
-
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (GAMLS #10620134)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 26, 2025 | Listed by F.L.I. Properties | $1,400,000 | |
| Listed by F.L.I. Properties | |||
| Apr 8, 2025 | Relisted | $1,400,000 | |
| Relisted | |||
| Jan 23, 2023 | Listed | $1,400,000 | |
| Listed | |||
| | |||
|
828 New Franklin Road, LaGrange Ga is 7.76 Acres of prime commercial real estate. This site has over 450 feet of road frontage right onto the parkway. Excellent opportunity for automotive, retail, medical, office or mix use! High Visibility and traffic counts in a major retail area. Walmart, Burger Kings, Waffle House, Auto Zone, Aldi, Publix, Chick-Fil-A, Staples, Zaxbys, Dunkin Donuts, Planet Fitness and many more. This property sits just north of downtown Lagrange and benefits strong demographics with a population of over 75,000 people within a 5 mile radius. 45 minutes south of Atlanta and Hartsfield Jackson Airport. Minutes from Interstate 85/I-85 corridor. Survey Complete, Topographical Complete, Engineering/ Concept report complete for a state of the art storage facility. Call or text for additional details.
| |||
Property Highlights
Exterior Details
Lot Features: City Lot, Corner Lot, Open Lot
Lot Size Area: 305355.6
Lot Size Units: Square Feet
Lot Size Acres: 7.01
Lot Size Square Feet: 305355.6
Water Source: Public
Financial Details
Tax Annual Amount: $3,470
Utilities Details
Sewer : Public Sewer
Location Details
HOA Fee Frequency: Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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About LaGrange
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Listed by: Kendall Butler, F.L.I. Properties
Last Updated: 2 years ago
Data Source: GAMLS, MLS# 10620134
Last Updated: 2 years ago
Data Source: GAMLS, MLS# 10620134
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The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Copyright 2026 GAMLS. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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