Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    264 E May St, Unit Winder Winder, GA 30680

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $499,000

    2.09± acres commercial site with car wash plans available.

    Property size:
    2 SF

    Property Features for 264 E May St

    General Information

    Size
    2 SF

    We can help!

    Listing Contact
    Patrick Barry
    Patrick Barry
    Source: Cbcworldwide

    Listing Agency: Coldwell Banker Commercial Eberhardt & Barry Listing Agent: Patrick Barry

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    2.09 Acres Commercial Site Available

    The property is a 2.09± acre commercial site. Car wash site plans and a self-storage concept are available upon request. The location benefits from high traffic, with an average daily traffic count of 21,800 vehicles per day on E May St. The property is zoned C-3. Estimated property taxes for 2023 are approximately $3,645.74. All utilities are available to the site. Neighboring businesses include a variety of retail and service establishments such as Publix Super Market, Walmart Supercenter, Bealls, Krystal, Golden Corral Buffet, Dollar General, BP, Citgo, Anytime Fitness, TireMax, Scooter’s Coffee, Firehouse Subs, Dunkin’, Verizon, Goodwill Thrift Store, Zaxby’s, Taco Bell, Walgreens, Burger King, Wendy’s, CVS, Arby’s, Captain D’s, First American Bank & Trust, Waffle House, Ruby Tuesday’s, Sonic Drive-In, McDonald’s, Cook Out, Dairy Queen, Truist, Inoko Japanese Steakhouse, Circle K, Popeyes, KFC, and Aldi.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Winder
    County
    Barrow
    State
    Georgia
    Longitude
    -83.74427
    Latitude
    33.993797

    Nearby Similar for Sale

    • New
      $350,000
      1,619 SF

      Winder Office Building For Sale

      Well-maintained office building near hospital and downtown Winder.
      293 N Broad St, Winder, GA 30680
      View Details
    • $630,000
      Pending

      Winder Commercial Property For Sale

      2.2 acre property with 5,800 sq ft building.
      621 Loganville Hwy, Winder, GA 30680
      View Details
    • $630,000
      Pending

      Winder Commercial Property For Sale

      2.2 acre commercial property with 5,800 sq ft building.
      621 Loganville Hwy, Winder, GA 30680
      View Details
    • $920,847
      0.40 Acres

      Turn-Key Car Wash Investment Opportunity

      Well-maintained car wash in growing Winder, GA with recent upgrades.
      78 W Athens St, Winder, GA 30680
      View Details
    • $905,000
      1.00 Acre

      Commercial Property in Winder, GA

      Commercial property suitable for restaurant or retail development.
      291 N Broad St, Winder, GA 30680
      View Details
    • New
      $2,000,000
      7,908 SF

      Winder Multifamily Investment Opportunity

      Three duplexes built in 2023 on 4.56 acres.
      294 Cedar Creek Rd, Winder, GA 30680
      View Details
    • $1,901,670
      1.03 Acres

      Turn-Key Car Wash Investment

      Prime car wash opportunity in growing Winder and Monroe, GA.
      78 W Athens St, Winder, GA 30680
      View Details
    • New
      $2,000,000
      4.56 Acres

      Winder Duplex Community Investment Opportunity

      Three duplexes built in 2023 on 4.56 acres.
      294 Cedar Creek Rd, Winder, GA 30680
      View Details
    • $1,000,000
      3,700 SF

      Winder Multifamily Investment Opportunity

      Multifamily complex with homes, mobile homes, and warehouse.
      295 E Wright St, Winder, GA 30680
      View Details
    • $800,000
      19.87 Acres

      Winder Ranch with Acreage

      19.87 acres in Winder, GA with residential home.
      1383 Sims Rd, Winder, GA 30680
      View Details
    • $1,000,000
      2.50 Acres

      Multi-Family Investment Opportunity, Winder, GA

      Multi-family complex with homes and warehouse on 4.5 acres.
      295 E Wright St, Winder, GA 30680
      View Details
    • $650,000
      0.51 Acres

      Colonial Revival Office Building

      Colonial Revival office building in downtown Winder, Georgia.
      171 N Broad St, Winder, GA 30680
      View Details

    FAQs

    What type of property is this?
    Commercial land - 2.09± acres commercial site with car wash plans available.
    Where is this commercial land located?
    The property is located at 264 E May St, Unit Winder Winder, GA.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: - High Traffic Location: Boasting 21,800 VPD on E May St.; - Zoned C-3: Suitable for a variety of commercial uses.; - 2.09± Acre Site: Ample space for development.
    (478) 746-8171
    Request Owner's contact information
    264 E May St, Unit Winder Winder, GA 30680
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    264 E May St, Unit Winder
    Winder, GA 30680
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    264 E May St, Unit Winder Winder, GA 30680
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Patrick Barry
    Patrick Barry
    (478) 746-8171 (478) 718-1806
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!