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Mixed-Use Commercial Property
New
For Sale
$599,900

13790 Veterans Memorial Highway, Winston, GA 30187

Commercial Sale, Winston, GA

Property Size1,218 SF
Lot Size1.01 Acres
Price / SF$492.53
Days on Market5

Property Features for 13790 Veterans Memorial Highway

General Information

Property type Commercial Sale
Property subtype Other
Lot features Corner Lot
Directions Driving Directions: From Atlanta, take I-20 West to Exit 30 (Post Road). Turn left/south onto Post Road and continue to Veterans Memorial Highway/GA-78. Turn right onto Veterans Memorial Highway. Continue to 13790 Veterans Memorial Highway; property will be on the left.
Standard status Active
APN 01540250012
Size 1,218 SF
Lot size 1.01 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 1352

Utilities

Utilities Electricity Available
Heating system Central
Cooling system Central Air
Water source Public

Amenities

two kitchens
multiple bay doors

Building Details

Year built 1956
Listing Agency: Southern Home Real Estate
Listed By: Timmy Dewayne Parker
Added: Sep 14 Changed: Sep 15 Last Checked: Sep 18 at 10:06AM
MLS# 10846280

Copyright © 2026 Georgia Multiple Listing Service. 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 1.01-acre commercial property includes a 1,218-square-foot main building, a rear structure with multiple bay doors, and a house-style building that can support professional office use. The existing layout includes two kitchens, central heating, central air, and a configuration that allows portions of the building to operate separately. Built in 1956, the property offers a combination of enclosed commercial and office-oriented spaces suited to a range of business operations, subject to applicable approvals.

Located on Veterans Memorial Highway in Winston, the property records traffic of 20,000+ vehicles daily and provides direct highway access. It was recently rezoned General Commercial, with electricity available and public water service. The address is 13790 Veterans Memorial Highway, Winston, GA 30187.

Key Highlights

  • 1.01‑acre commercial property at 13790 Veterans Memorial Highway, Winston, GA 30187
  • 20,000+ vehicles passing daily on Veterans Memorial Highway
  • 1,218 square feet of property size

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
$17,132
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
2.86%
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%
$342,640 $342.6K
Cap Rate 7%
$244,743 $244.7K
Cap Rate 9%
$190,356 $190.4K
Market Conditions
NOI Build-Up for 1,218 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
$26.7K $21.96/SF
− Vacancy
−$2.3K −$1.87/SF
EGI
$24.5K $20.09/SF
− OpEx
−$7.3K −$6.03/SF
NOI
$17.1K $14.07/SF
Area
Douglas 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%
$342,640
Cap Rate 7%
$244,743
Cap Rate 9%
$190,356

Alternative Uses

Best Use
Retail
$244.7K
$214.2K – $285.5K (±1% cap)
NOI $17,132 @ 7.0% cap · market cap 2.86%
Second Best
Mixed Use
$211.4K
$185.0K – $246.7K (±1% cap)
NOI $14,799 @ 7.0% cap · market cap 2.47%
Theoretical Best
Office A
$340.5K
$297.9K – $397.2K (±1% cap)
NOI $23,833 @ 7.0% cap · market cap 3.97%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Open Analytics

Current Use

Retail space

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

95
Businesses Nearby

Demographics for 30187, GA

9,114
Population
3,029
Households
3
Avg Household Size
43
Median Age
24%
College-Educated
94%
High-School Grad
31.5 sq mi
ZIP Area
289
Density / Sq Mi
$102,500
Median Household Income
$48,172
Median Earnings
$994
Median Rent
$288,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Multiple structures provide office, showroom, retail, service, and warehouse-oriented flexibility subject to zoning approvals.
Where is this mixed-use property located?
The property is located at 13790 Veterans Memorial Highway Winston, GA.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: 1.01‑acre commercial property at 13790 Veterans Memorial Highway, Winston, GA 30187; 20,000+ vehicles passing daily on Veterans Memorial Highway; 1,218 square feet of property size
More about this property
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