Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1040 Bowersville St Royston, GA 30662

    View on Map
    Sponsored
    For Sale
    $289,000

    COMMERCIAL - Royston, GA

    Type:Office
    Property size:
    6,027 SF
    Lot size:
    0.35 Acres
    Days on Market:
    18
    Last Refresh:
    Mar 22 at 9:06 pm

    Property Features for 1040 Bowersville St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Standard status
    Active
    APN
    R006 038
    Parking features
    Parking Lot
    Size
    6,027 SF
    Lot size
    0.35 Acres

    Utilities

    Utilities
    Electricity Available
    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1935
    Flooring type
    Vinyl
    Building materials
    Block, Frame, Vinyl Siding
    Roof type
    Composition

    We can help!

    Listing Contact
    Shelley Phillips
    Shelley Phillips

    RE/MAX Classic

    Listing agent Shelley Phillips

    Listing date Mar 4, 2026

    MLS# 10650162

    Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Royston Commercial Space with Warehouse

    Located in Royston, GA, this commercial property features approximately 2,000 sq ft of office space and 4,000 sq ft of warehouse area. The property is positioned on double road frontage and includes private parking. The office space includes a lobby, front reception area, file/storage room, and multiple private offices. The warehouse section features a brick interior, large roll-up doors, tall ceilings, and a solid structural foundation. The property has been recently updated. The 6,027 sq ft property is situated on a 0.35-acre lot. The warehouse space is suitable for industrial, manufacturing, distribution, storage, retail support, service business, or workshop use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pure WD, LLC Marketing & Advertising PureWeb Department Store Carldric Millender Telecommunications Service LifeCare EMS of Georgia, ... Ambulance Service Paladin Wireless Telecommunications Service

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop Big Box & Wholesale Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Royston
    County
    Franklin
    State
    Georgia
    Longitude
    -83.10966
    Latitude
    34.287536

    Nearby Similar for Sale

    • $219,000
      3,200 SF

      Renovated Commercial Building in Royston

      Recently renovated commercial building with stable income potential in downtown Royston.
      24 Hartwell St, Royston, GA 30662
      View Details
    • $259,000
      3,500 SF

      Royston, GA Commercial Building

      3,500 sqft commercial building suitable for childcare and education.
      61 Grizzle St, Royston, GA 30662
      View Details
    • $224,500
      7,105 SF

      Royston, GA Commercial Opportunity

      Commercial property in downtown Royston, ready for redevelopment.
      200 Bond St, Royston, GA 30662
      View Details
    • $479,000
      27.65 Acres

      Royston, GA - 27+ Acres

      27+/- acre property with pastureland, older home, and barns.
      2245 Cheek Pulliam Rd, Royston, GA 30662
      View Details
    • $245,000
      3,200 SF

      Downtown Royston Office Building

      Historic Charm, Modern Amenities
      24 Hartwell St, Royston, GA 30662
      View Details

    FAQs

    What type of property is this?
    Flex space - Versatile commercial property with office and warehouse space in Royston.
    Where is this flex space located?
    The property is located at 1040 Bowersville St Royston, GA.
    What is the asking price?
    The asking price for this property is $289,000.
    What are key features of this property?
    This property features: - 6,000 sq ft total space: 2,000 sq ft finished office space and 4,000 sq ft warehouse.; - Double road frontage and private parking for excellent visibility and access.; - Versatile warehouse space with brick interior, large roll-up doors, and tall ceilings suitable for various business uses.
    (706) 476-9489
    Request Owner's contact information
    1040 Bowersville St Royston, GA 30662
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1040 Bowersville St
    Royston, GA 30662
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1040 Bowersville St Royston, GA 30662
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Shelley Phillips
    Shelley Phillips
    Real Estate License ID: 247846
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!