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Established Convenience Store
For Sale
$599,000

10441 Millarden GA-85 Road, Woodbury, GA 30293

Commercial Sale, Woodbury, GA

Property Size1,500 SF
Lot Size0.55 Acres
Price / SF$399.33
Days on Market203

Property Features for 10441 Millarden GA-85 Road

General Information

Property type Commercial Sale
Property subtype Retail
Parking 45
Parking features Parking Lot
Lot features Level
Directions From Atlanta, take I-75 South/GA-401 South toward Macon and Hartsfield-Jackson International Airport for approximately 4.5 miles, then take Exit 237A for GA-85 South toward Riverdale. Continue on GA-85 South for roughly 48 miles as it transitions into Millarden Road, and the property at 10441 Millarden Road, Woodbury, GA will be located on the right just past Tulip Street; if you reach Cove Road, you have gone slightly too far. GPS Friendly 10401 Millarden Rd Woodbury, GA 30293
Standard status Active
APN WO09078
Size 1,500 SF
Lot size 0.55 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1300

Utilities

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

Building Details

Year built 1973
Flooring type Vinyl, Concrete
Building materials Concrete
Roof type Composition
Listing Agency: Meadows Hale Realty Inc
Listed By: Julie G'vitale · License #415441
Added: Mar 22 Changed: Sep 2 Last Checked: Oct 10 at 6:06AM
MLS# 10715587

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.

The offering combines an operating package store with its real estate, business assets, point-of-sale system, goodwill, and inventory. The building contains approximately 1,500 square feet on a 0.55-acre parcel and was constructed in 1973. Concrete construction, concrete and vinyl flooring, central heating, central air, and a parking lot are included.

Located at 10441 Millarden Road along GA-85 in Woodbury, the property is within the city limits and has public water and public sewer service, with cable available. The business has operated for over 50 years, is open six days per week, and includes a full-service liquor license in good standing.

Key Highlights

  • Operating package store with real estate, business assets, goodwill, inventory, and point‑of‑sale system included
  • Approximately 1,500 square feet on 0.55 acres
  • Business has operated for over 50 years and is open six days per week

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$24,106
Cap Rate
4.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$482,120 $482.1K
Cap Rate 7%
$344,371 $344.4K
Cap Rate 9%
$267,844 $267.8K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$34.6K $23.04/SF
− Vacancy
−$2.4K −$1.61/SF
EGI
$32.1K $21.43/SF
− OpEx
−$8.0K −$5.36/SF
NOI
$24.1K $16.07/SF
Area
Meriwether 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 Rate 5%
$482,120
Cap Rate 7%
$344,371
Cap Rate 9%
$267,844

Alternative Uses

Best Use
Specialty Retail
$344.4K
$301.3K – $401.8K (±1% cap)
NOI $24,106 @ 7.0% cap · market cap 4.02%
Second Best
Retail
$301.4K
$263.7K – $351.6K (±1% cap)
NOI $21,098 @ 7.0% cap · market cap 3.52%
Theoretical Best
Office A
$419.3K
$366.9K – $489.2K (±1% cap)
NOI $29,352 @ 7.0% cap · market cap 4.90%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Grocery and convenience stores

Lease Details

Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

81
Businesses Nearby
Well-served
Demand for This Use

Demographics for 30293, GA

2,650
Population
1,228
Households
2.2
Avg Household Size
49
Median Age
15%
College-Educated
81%
High-School Grad
75.7 sq mi
ZIP Area
35
Density / Sq Mi
$55,506
Median Household Income
$35,817
Median Earnings
$891
Median Rent
$91,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • ATM (Woodbury Food) — 10966 Millarden Rd, Woodbury, GA 30293
  • Ingles Market — 11078 Millarden Rd, Woodbury, GA 30293

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Sale includes the operating business, real estate, point-of-sale system, goodwill, and inventory.
Where is this grocery and convenience store located?
The property is located at 10441 Millarden GA-85 Road Woodbury, GA.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Operating package store with real estate, business assets, goodwill, inventory, and point‑of‑sale system included; Approximately 1,500 square feet on 0.55 acres; Business has operated for over 50 years and is open six days per week
More about this property
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