Retail Space with Built-In
For Sale
$285,000
4420 Buckhead Road, Madison, GA 30650
Commercial Sale, Madison, GA
Property Size1,080 SF
Lot Size0.29 Acres
Price / SF$263.89
Days on Market179
Property Features for 4420 Buckhead Road
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Parking Lot
Lot features
Level
Directions
Exit 114 on I20 to Madison, North on Madison ByPass, Right onto Greensboro HWY, Right onto Buckhead Road, Property on Left.
Standard status
Active
APN
051 029
Size
1,080 SF
Lot size
0.29 Acres
Taxes and HOA fees
Tax Year
24
Tax Annual Amount
2064
Utilities
Utilities
Electricity Available
Sewer type
Septic Tank
Heating system
Heat Pump (Heating), Electric (Heating)
Cooling system
Electric
Water source
Public
Building Details
Year built
1972
Building materials
Concrete, Wood Siding
Roof type
Composition
Listing Agency:
Breco Realty & Investments
(706) 342-3355
Listed By:
Melissa E Hawkins · License #300320
(706) 474-7289
Added: Feb 26
Changed: Aug 19
Last Checked: Aug 24 at 1:06PM
MLS# 10700210
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.
Investment Insights
Based on property information with market context.
Retail space on a 0.288-acre lot featuring an existing general store setup. The interior includes a designated kitchen area with food-safe walls and tile flooring, plus a bathroom area. Several built-in and stand-alone coolers are included and convey with the property, supporting ready-to-operate convenience retail concepts.
The building was constructed in 1972 and features concrete construction with wood siding and a composition roof. Heating is electric with a heat pump, and cooling is electric. On-site parking is provided via a parking lot.
Utilities include electricity availability, public water, and a septic tank for sewer. At 1,080 square feet, the layout is sized for a neighborhood retail operation seeking an adaptable “blank canvas” for ongoing use.
The building was constructed in 1972 and features concrete construction with wood siding and a composition roof. Heating is electric with a heat pump, and cooling is electric. On-site parking is provided via a parking lot.
Utilities include electricity availability, public water, and a septic tank for sewer. At 1,080 square feet, the layout is sized for a neighborhood retail operation seeking an adaptable “blank canvas” for ongoing use.
Key Highlights
- Kitchen area with food‑safe walls and tile flooring plus bathroom area
- Built‑in and stand‑alone coolers convey with the property
- 1,080 SF retail space on a 0.288‑acre lot
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
$15,191
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
5.33%
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%
$303,820
$303.8K
Cap Rate 7%
$217,014
$217.0K
Cap Rate 9%
$168,789
$168.8K
Market Conditions
NOI Build-Up for 1,080 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
$23.7K $21.96/SF
− Vacancy
−$2.0K −$1.87/SF
EGI
$21.7K $20.09/SF
− OpEx
−$6.5K −$6.03/SF
NOI
$15.2K $14.07/SF
Area
Morgan County, GA
Vacancy
8.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
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%
$303,820
Cap Rate 7%
$217,014
Cap Rate 9%
$168,789
Alternative Uses
Best Use
Retail
$217.0K
$189.9K – $253.2K
NOI $15,191 @ 7.0% cap · market cap 5.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$301.9K
$264.2K – $352.2K
NOI $21,133 @ 7.0% cap · market cap 7.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
26
Businesses Nearby
Explore this area
Business Placement
Demographics for 30650, GA
13,631
Population
5,723
Households
2.4
Avg Household Size
43
Median Age
34%
College-Educated
93%
High-School Grad
229.9 sq mi
ZIP Area
59
Density / Sq Mi
$80,357
Median Household Income
$44,789
Median Earnings
$1,104
Median Rent
$314,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Single-story retail space with a kitchen area, bathroom area, and built-in and stand-alone coolers that convey.
Where is this retail space located?
The property is located at 4420 Buckhead Road Madison, GA.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Kitchen area with food‑safe walls and tile flooring plus bathroom area; Built‑in and stand‑alone coolers convey with the property; 1,080 SF retail space on a 0.288‑acre lot
