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    Commercial Property on Highway 54 Title is generated by Realmo AI

    268 Jonesboro Rd, Jonesboro, GA 30236

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    For Sale
    $200,000

    Commercial property suitable for various businesses on Highway 54.

    Type:Commercial/Industrial
    Property size:
    1,134 SF
    Lot size:
    0.25 Acres
    Price / SF:
    $176/SF
    Added:
    Jul 24, 2024
    Days on Market:
    698
    Last Refresh:
    May 19 at 11:48 pm

    Property Features for 268 Jonesboro Rd

    General Information

    Standard status
    Active
    Size
    1,134 SF
    Lot size
    0.25 Acres
    Property subtype
    Commercial/Industrial

    Building Details

    Year Built
    1966

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    Listing Contact
    JOSE MARTINEZ

    Listing agent JOSE MARTINEZ License #326149

    Listing office RE/MAX Advantage

    Listing date Jul 24, 2024

    Source Exitrealty

    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 RE/MAX Advantage

    HighLights

    • Commercial property located on Hwy. 54.
    • High‑traffic location between Sam's Club and Hwy. 138.
    • Suitable for various businesses like a barber shop, beauty salon, accountant office, health clinic, or tax office.
    • Ideal for starting your own business.
    • Property built in 1966.
    • Sold as is.

    Overview

    This commercial property is located on Highway 54, situated between Sam's Club and Highway 138. The property is being sold as is, with the seller not planning to make any repairs and preferring a cash offer. The seller will not contribute to the buyer's closing costs. The property offers 1134 square feet of space. It is suitable for a barber shop, beauty salon, accountant office, health clinic, or tax office, and is ideal for starting a business.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $24.9k $21.96
    − Vacancy −$2.1k −$1.87
    EGI $22.8k $20.09
    − OpEx −$6.8k −$6.03
    NOI $16.0k $14.07
    1,134 SF · lease $21.96/SF/yr · vacancy 8.50% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $227.9K
    $199.4K – $265.8K (±1% cap)
    NOI $15,950 @ 7.0% cap · market cap 7.98%
    Second Best
    Office B
    $216.9K
    $189.8K – $253.1K (±1% cap)
    NOI $15,185 @ 7.0% cap · market cap 7.59%
    Theoretical Best
    Office A
    $317.0K
    $277.4K – $369.8K (±1% cap)
    NOI $22,190 @ 7.0% cap · market cap 11.09%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Jonesboro
    County
    Clayton
    State
    Georgia
    Longitude
    -84.3499
    Latitude
    33.5417

    FAQs

    What type of property is this?
    Retail space - Commercial property suitable for various businesses on Highway 54.
    Where is this retail space located?
    The property is located at 268 Jonesboro Rd Jonesboro, GA.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: Commercial property located on Hwy. 54.; High‑traffic location between Sam's Club and Hwy. 138.; Suitable for various businesses like a barber shop, beauty salon, accountant office, health clinic, or tax office.
    More about this property
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