Established Gas Station For
For Sale
Contact for pricing
10307 Tara Blvd, Jonesboro, GA 30236
Profitable gas station with high traffic and proven performance.
Property Size10,125 SF
Price / SF$328.87
Days on Market288
Property Features for 10307 Tara Blvd
General Information
Standard status
Active
Size
10,125 SF
Property subtype
Retail
Zoning
MX
Listing Agency:
Matthews
(404) 868-4892
Listed By:
Sonny Molloy · License #249161
Source:
Crexi
Added: Oct 29, 2025
Changed: Aug 8
Last Checked: Aug 8 at 2:29PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Matthews
Investment Insights
Based on property information with market context.
This commercial property, suitable for gas station, automotive, and retail use, has a property size of 10125 square feet. The property benefits from high visibility with a traffic count of 57,000 vehicles per day and has demonstrated proven performance over 28+ years, generating annual sales exceeding $10 million.
Key Highlights
- $10MM+ annual sales
- Prime location with 57,000 vehicles per day (VPD)
- 28+ years of proven performance
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
$162,713
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
4.89%
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%
$3,254,260
$3.3M
Cap Rate 7%
$2,324,471
$2.3M
Cap Rate 9%
$1,807,922
$1.8M
Market Conditions
NOI Build-Up for 10,125 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
$233.3K $23.04/SF
− Vacancy
−$16.3K −$1.61/SF
EGI
$217.0K $21.43/SF
− OpEx
−$54.2K −$5.36/SF
NOI
$162.7K $16.07/SF
Area
Clayton 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%
$3,254,260
Cap Rate 7%
$2,324,471
Cap Rate 9%
$1,807,922
Alternative Uses
Best Use
Specialty Retail
$2.32M
$2.03M – $2.71M
NOI $162,713 @ 7.0% cap · market cap 4.89%
Second Best
Retail
$2.03M
$1.78M – $2.37M
NOI $142,412 @ 7.0% cap · market cap 4.28%
Theoretical Best
Office A
$2.83M
$2.48M – $3.30M
NOI $198,123 @ 7.0% cap · market cap 5.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
918
Businesses Nearby
292k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 47%
Groceries 29%
Dining 19%
Apparel 5%
QuikTrip
Shops & Services
56,333 visits/mo
0.1 miles
Kroger
Groceries
52,947 visits/mo
0.2 miles
McDonald's
Dining
31,553 visits/mo
0.5 miles
Aldi
Groceries
17,399 visits/mo
0.4 miles
Dollar Tree
Shops & Services
15,449 visits/mo
0.5 miles
Demographics for 30236, GA
50,446
Population
19,230
Households
2.6
Avg Household Size
36
Median Age
22%
College-Educated
84%
High-School Grad
32.4 sq mi
ZIP Area
1,557
Density / Sq Mi
$68,867
Median Household Income
$36,501
Median Earnings
$1,233
Median Rent
$219,700
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 - Profitable gas station with high traffic and proven performance.
Where is this gas station located?
The property is located at 10307 Tara Blvd Jonesboro, GA.
What is the asking price?
The asking price for this property is $3,329,851.
What are key features of this property?
This property features: $10MM+ annual sales; Prime location with 57,000 vehicles per day (VPD); 28+ years of proven performance
