Convenience Store with Attached
For Sale
$330,000
12105 Hwy 41, Tunnel Hill, GA 30755
The interior includes retail space, a kitchen area, storage rooms, and a separate-entry office.
Property Size2,046 SF
Lot Size0.80 Acres
Price / SF$161.29
Days on Market9
Property Features for 12105 Hwy 41
General Information
Standard status
Active
Size
2,046 SF
Lot size
0.80 Acres
Property subtype
Commercial
Additional Details
Highway Access
Yes
Amenities
ample parking
covered front canopy
detached carport
Building Details
Year Built
1962
Listing Agency:
Crye-Leike, Realtors
Listed By:
Erik Palmer · License #375234
(706) 537-1300
Source:
Ginesandburnsed.searchhomesinsavannah
Added: Oct 6
Changed: Oct 13
Last Checked: Oct 12 at 6:32PM
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 Crye-Leike, Realtors
Investment Insights
Based on property information with market context.
This convenience store property occupies approximately 0.8 acres and includes over 2,000 square feet of interior space. The layout has a retail area, bathroom, kitchen area, flex/game room, two storage rooms, and an office with its own exterior entrance. A covered canopy fronts the building, with a detached carport and on-site parking. The property is offered as-is; furniture, merchandising displays, coolers, and digital games are excluded from the real estate sale.
The site is approximately 3/4 mile from I-75 Exit 345, with about 200 feet of road frontage on Highway 41. Waffle House and a Love's Travel Center under construction are identified as nearby businesses. Built in 1962, the property is currently operating as a convenience store.
The site is approximately 3/4 mile from I-75 Exit 345, with about 200 feet of road frontage on Highway 41. Waffle House and a Love's Travel Center under construction are identified as nearby businesses. Built in 1962, the property is currently operating as a convenience store.
Key Highlights
- Over 2,000 square feet of space on approximately 0.8 acres
- Approximately 200 feet of road frontage on Highway 41
- Approximately 3/4 mile from I‑75 Exit 345
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,079
Cap Rate
6.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$401,580
$401.6K
Cap Rate 7%
$286,843
$286.8K
Cap Rate 9%
$223,100
$223.1K
Market Conditions
NOI Build-Up for 2,046 SF
Gross rent
$28.7K $14.04/SF
− Vacancy
−$2.0K −$0.95/SF
EGI
$26.8K $13.09/SF
− OpEx
−$6.7K −$3.27/SF
NOI
$20.1K $9.81/SF
Area
Whitfield County, GA
Vacancy
6.80%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$401,580
Cap Rate 7%
$286,843
Cap Rate 9%
$223,100
Alternative Uses
Best Use
Specialty Retail
$286.8K
$251.0K – $334.7K
NOI $20,079 @ 7.0% cap · market cap 6.08%
Second Best
Retail
$186.5K
$163.2K – $217.5K
NOI $13,052 @ 7.0% cap · market cap 3.96%
Theoretical Best
Office A
$326.7K
$285.9K – $381.2K
NOI $22,871 @ 7.0% cap · market cap 6.93%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
32
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30755, GA
9,930
Population
4,080
Households
2.4
Avg Household Size
40
Median Age
16%
College-Educated
83%
High-School Grad
36.8 sq mi
ZIP Area
270
Density / Sq Mi
$70,433
Median Household Income
$40,741
Median Earnings
$799
Median Rent
$184,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - The interior includes retail space, a kitchen area, storage rooms, and a separate-entry office.
Where is this grocery and convenience store located?
The property is located at 12105 Hwy 41 Tunnel Hill, GA.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Over 2,000 square feet of space on approximately 0.8 acres; Approximately 200 feet of road frontage on Highway 41; Approximately 3/4 mile from I‑75 Exit 345
