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    Closed Retail Storefront Title is generated by Realmo AI

    1400 Cedar Grove Road, Conley, GA 30288

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    For Sale
    $799,000

    Closed retail storefront off Cedar Grove Road, with owner-financing discussions in a trade-and-warehouse area.

    Type:Commercial/Industrial
    Added:
    Mar 9, 2025
    Days on Market:
    454
    Last Refresh:
    Jun 6 at 2:58 am

    Property Features for 1400 Cedar Grove Road

    General Information

    Standard status
    Active
    Property subtype
    Commercial/Industrial

    Building Details

    Year Built
    1955

    We can help!

    Listing Contact
    Roger Swint
    Roger Swint

    Listing agent Roger Swint License #152988

    Listing office RE/MAX Advantage

    Listing date Mar 9, 2025

    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

    • Closed retail storefront on Cedar Grove Road in a trade‑and‑warehouse area
    • Owner is amenable to some owner financing
    • Year built: 1955
    • Nearby businesses include truck sales, truck parts, and repair facilities
    • Near the U.S. Post Office and numerous warehouses

    Overview

    This store is currently closed. The property sits on Cedar Grove Road, which is currently closed, and the space will be positioned for operations when access is restored. The offering reflects a retail storefront configuration intended for a business use consistent with the existing structure.

    The surrounding area includes truck sales, truck parts, and repair facilities, along with a US Post Office and numerous warehouses. That mix supports an established industrial and logistics-oriented tenant base in the vicinity. Cedar Grove Road closure is an important operating consideration for any buyer or operator evaluating the timing of occupancy and reopening.

    For a buyer, this is an opportunity to acquire a retail storefront with an owner who is amenable to some owner financing. The property may be a practical fit for an end user or operator looking to reestablish retail services after roadway conditions change, particularly for concepts that benefit from proximity to truck-related businesses and nearby warehouse activity. Prospective buyers should factor the current road closure into their due diligence and operating timeline.
    Location Intelligence

    Current Use by Public Records

    LibertyX Bitcoin ATM Atm Conley Package Store ... (Bike/Boat/Book/etc) Store ATM Atm

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Auto Parts Store Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Conley
    County
    Clayton
    State
    Georgia
    Longitude
    -84.3330168
    Latitude
    33.6578165

    Nearby Similar for Sale

    • $799,000
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      Conley Commercial Property For Sale

      Closed store with potential for high profitability after road re-opens.
      1400 Cedar Grove Road, Conley, GA 30288
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    • $3,925,000
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      Conley Truck Maintenance Facility

      Truck maintenance building with office space, paved lot, and shed.
      1554 & 1574 Cedar Grove Road, Conley, GA 30288
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    • $3,925,000
      8,490 SF

      Conley Truck Maintenance Building For Sale

      Truck maintenance building with office space, paved lot, and shed.
      1554 & 1574 Cedar Grove Road, Conley, GA 30288
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    • $825,000
      2,084 SF

      Retail Storefront Opportunity For Sale

      Storefront property suitable for retail or convenience store use.
      1400 Cedar Grove Road, Conley, GA 30288
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    FAQs

    What type of property is this?
    Storefront property - Closed retail storefront off Cedar Grove Road, with owner-financing discussions in a trade-and-warehouse area.
    Where is this storefront property located?
    The property is located at 1400 Cedar Grove Road Conley, GA.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: Closed retail storefront on Cedar Grove Road in a trade‑and‑warehouse area; Owner is amenable to some owner financing; Year built: 1955
    (678) 878-6219
    We can help!
    Listing Contact
    Roger Swint
    Roger Swint
    Real Estate License ID: 152988
    Learn More
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    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.

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