Commercial Land with Road
For Sale
$985,000
105 Riverstone Parkway, Canton, GA 30114
Canton, GA
Property Size4,162 SF
Price / SF$236.67
Days on Market612
Property Features for 105 Riverstone Parkway
General Information
Property type
Commercial Sale
Property subtype
Other
Standard status
Active
Size
4,162 SF
Building Details
Year built
2000
Listing Agency:
Alpharetta / North Fulton Office · Berkshire Hathaway HomeServices
(770) 475-0505
Listed By:
Dan Woodley · License #126670
(404) 456-8313
Added: Jan 7, 2025
Changed: Sep 9
Last Checked: Sep 11 at 12:06PM
MLS# 10435870
Copyright © 2026 Berkshire Hathaway HomeServices Georgia Properties. 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 vacant commercial land parcel is positioned for redevelopment and carries General commercial zoning. The site offers over 400 feet of road frontage and is located one parcel from a traffic signal, providing a prominent roadside position for future commercial planning.
Traffic volume is reported at 21,600 cars per day. The property is located at 105 Riverstone Parkway in Canton, Georgia, within Cherokee County.
Traffic volume is reported at 21,600 cars per day. The property is located at 105 Riverstone Parkway in Canton, Georgia, within Cherokee County.
Key Highlights
- Over 400' of road frontage
- 21,600 cars per day traffic count
- General commercial zoning
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
—
—
no second resolved use
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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Current Use
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Vacant commercial land with General commercial zoning and proximity to a signalized intersection.
Where is this commercial land located?
The property is located at 105 Riverstone Parkway 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: Over 400' of road frontage; 21,600 cars per day traffic count; General commercial zoning
