Gas Station and Convenience
For Sale
$949,900
2550 Park Mills Road, Buckhead, GA 30625
Commercial Sale, Buckhead, GA
Property Size2,887 SF
Lot Size1.00 Acre
Price / SF$329.03
Days on Market170
Property Features for 2550 Park Mills Road
General Information
Property type
Commercial Sale
Property subtype
Retail
Appliances
Electric Water Heater
Directions
From Interstate 20 Eastbound or Westbound: Take Exit 114 (US-129 / Buckhead). Turn north onto US-129 toward Buckhead. Continue approximately 2.5 miles, then turn left onto Parks Mill Rd. Proceed about 1 mile; the property at 2550 Parks Mill Rd will be on the right.
Standard status
Active
APN
058 027 E
Size
2,887 SF
Lot size
1.00 Acre
Taxes and HOA fees
Tax Description
SANDHU FOOD MART
Legal Description
SANDHU FOOD MART
Utilities
Sewer type
Septic Tank
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
1965
Floors in Building
1
Building materials
Frame
Listing Agency:
Keller Williams Coastal Area P · Keller Williams Realty
(912) 356-5001
Listed By:
Brandon Fargo · License #416596
(912) 433-1072
Added: Mar 19
Changed: Aug 24
Last Checked: Sep 4 at 7:06AM
MLS# SA353595
Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This gas station and convenience store occupies a 1-acre commercial parcel at 2550 Park Mills Road in Buckhead, Georgia. The 2,887-square-foot building dates to 1965 and includes a deli component, central air conditioning, electric heating, an electric water heater, public water, and a septic tank. Frame construction supports the existing commercial improvements.
The property sits just off Interstate 20, where the source information reports more than 35,000 vehicles per day. Sugar Creek Marina, Blue Springs Marina, and Hard Labor Creek State Park are identified nearby, placing the site within a recreational area that serves local and visitor traffic. Fuel operations currently have no fuel contract in place.
The property sits just off Interstate 20, where the source information reports more than 35,000 vehicles per day. Sugar Creek Marina, Blue Springs Marina, and Hard Labor Creek State Park are identified nearby, placing the site within a recreational area that serves local and visitor traffic. Fuel operations currently have no fuel contract in place.
Key Highlights
- 2,887‑square‑foot gas station and convenience store
- 1‑acre commercial parcel at 2550 Park Mills Road
- Located just off Interstate 20
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$46,395
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.88%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$927,900
$927.9K
Cap Rate 7%
$662,786
$662.8K
Cap Rate 9%
$515,500
$515.5K
Market Conditions
NOI Build-Up for 2,887 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$66.5K $23.04/SF
− Vacancy
−$4.7K −$1.61/SF
EGI
$61.9K $21.43/SF
− OpEx
−$15.5K −$5.36/SF
NOI
$46.4K $16.07/SF
Area
Morgan County, GA
Vacancy
7.00%
Lease Rate
$23.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$927,900
Cap Rate 7%
$662,786
Cap Rate 9%
$515,500
Alternative Uses
Best Use
Specialty Retail
$662.8K
$579.9K – $773.3K
NOI $46,395 @ 7.0% cap · market cap 4.88%
Second Best
Retail
$580.1K
$507.6K – $676.8K
NOI $40,607 @ 7.0% cap · market cap 4.27%
Theoretical Best
Office A
$807.0K
$706.2K – $941.5K
NOI $56,492 @ 7.0% cap · market cap 5.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
35,000 VPD
Traffic count
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
6
Businesses Nearby
Explore this area
Business Placement
Demographics for 30625, GA
2,515
Population
1,485
Households
1.7
Avg Household Size
51
Median Age
30%
College-Educated
97%
High-School Grad
47.4 sq mi
ZIP Area
53
Density / Sq Mi
$87,407
Median Household Income
$49,286
Median Earnings
$915
Median Rent
$352,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Gas station - Located near Interstate 20 with an on-site deli and established convenience retail operations.
Where is this gas station located?
The property is located at 2550 Park Mills Road Buckhead, GA.
What is the asking price?
The asking price for this property is $949,900.
What are key features of this property?
This property features: 2,887‑square‑foot gas station and convenience store; 1‑acre commercial parcel at 2550 Park Mills Road; Located just off Interstate 20
