Mixed-Use Property with Expansion
New
For Sale
$985,000
105 Riverstone Pkwy, Canton, GA 30114
General commercial zoning and an adjoining vacant parcel support a range of property configurations.
Property Size4,162 SF
Lot Size1.46 Acres
Price / SF$236.67
Days on Market5
Property Features for 105 Riverstone Pkwy
General Information
Standard status
Active
Size
4,162 SF
Lot size
1.46 Acres
Zoning
General commercial
Site & Location
Traffic Count
21,600 vehicles/day
Road Access
Yes
Building Details
Year Built
2000
Listing Agency:
BHHS Georgia Properties
Listed By:
Daniel Woodley
Source:
Jetsetrealty
Added: Oct 1
Last Checked: Oct 4 at 11:51AM
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 BHHS Georgia Properties
Investment Insights
Based on property information with market context.
This mixed-use property spans 1.46 acres and includes a 4,162-square-foot building, a house, a billboard, and a 0.66-acre vacant parcel. The site has existing rental income from house, billboard, storage, and yard uses, along with cellphone and dress shop activity. General commercial zoning is noted for the property.
The property is in Canton, Georgia, with reported road frontage exceeding 400 feet and a traffic count of 21,600 vehicles per day. The vacant parcel provides land for potential expansion or redevelopment.
The property is in Canton, Georgia, with reported road frontage exceeding 400 feet and a traffic count of 21,600 vehicles per day. The vacant parcel provides land for potential expansion or redevelopment.
Key Highlights
- 1.46 acres total, including a 0.66‑acre vacant parcel
- 4,162‑square‑foot property
- More than 400 feet of road frontage
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
$58,540
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
5.94%
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%
$1,170,800
$1.2M
Cap Rate 7%
$836,286
$836.3K
Cap Rate 9%
$650,444
$650.4K
Market Conditions
NOI Build-Up for 4,162 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
$91.4K $21.96/SF
− Vacancy
−$7.8K −$1.87/SF
EGI
$83.6K $20.09/SF
− OpEx
−$25.1K −$6.03/SF
NOI
$58.5K $14.07/SF
Area
Cherokee 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%
$1,170,800
Cap Rate 7%
$836,286
Cap Rate 9%
$650,444
Alternative Uses
Best Use
Retail
$836.3K
$731.8K – $975.7K
NOI $58,540 @ 7.0% cap · market cap 5.94%
Second Best
Mixed Use
$784.8K
$686.7K – $915.6K
NOI $54,938 @ 7.0% cap · market cap 5.58%
Theoretical Best
Office A
$1.17M
$1.02M – $1.36M
NOI $81,808 @ 7.0% cap · market cap 8.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
21,600 VPD
Traffic count
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,110
Businesses Nearby
57k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 45%
Dining 19%
Shops & Services 17%
Office Supplies 14%
Ingles
Groceries
25,349 visits/mo
0.2 miles
Staples
Office Supplies
8,169 visits/mo
0.2 miles
Krystal
Dining
6,825 visits/mo
0.2 miles
AutoZone
Shops & Services
4,154 visits/mo
0.4 miles
Popeyes Louisiana Kitchen
Dining
3,751 visits/mo
0.4 miles
Demographics for 30114, GA
59,139
Population
22,259
Households
2.7
Avg Household Size
37
Median Age
35%
College-Educated
87%
High-School Grad
95.2 sq mi
ZIP Area
621
Density / Sq Mi
$97,684
Median Household Income
$47,257
Median Earnings
$1,654
Median Rent
$408,800
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - General commercial zoning and an adjoining vacant parcel support a range of property configurations.
Where is this mixed-use property located?
The property is located at 105 Riverstone Pkwy Canton, GA.
What is the asking price?
The asking price for this property is $985,000.
What are key features of this property?
This property features: 1.46 acres total, including a 0.66‑acre vacant parcel; 4,162‑square‑foot property; More than 400 feet of road frontage
