Convenience Store
1400 Cedar Grove Road, Conley, GA 30288
For Sale
$799,000
Commercial Sale, Conley, GA
Property Size2,084 SF
Lot Size0.60 Acres
Price / SF$383.40
Days on Market647
Property Features for 1400 Cedar Grove Road
General Information
Property type
Property subtype
Parking features
Lot features
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Building materials
Listing Agency:
RE/MAX Advantage · RE/MAX International
(770) 478-7950
Listed By:
Roger Swint · License GA #152988
(678) 878-6219
Added: Feb 1, 2025
Changed: Oct 16
Last Checked: Nov 9 at 12:06PM
MLS# 10474294
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.
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Investment Insights
Based on property information with market context.
This 2,084-square-foot convenience store building sits on 0.6 acres and is currently closed. Constructed in 1955 with brick and frame materials, the property includes a parking lot, central air conditioning, forced-air heating, and natural gas availability. Public water and private sewer serve the site.
The property is located at 1400 Cedar Grove Road in Conley, Georgia. Nearby commercial uses include truck sales, truck parts and repair facilities, warehouses, and a US Post Office. The surrounding context supports the property's role as a neighborhood-oriented retail and convenience location.
The property is located at 1400 Cedar Grove Road in Conley, Georgia. Nearby commercial uses include truck sales, truck parts and repair facilities, warehouses, and a US Post Office. The surrounding context supports the property's role as a neighborhood-oriented retail and convenience location.
Key Highlights
- 2,084‑square‑foot convenience store building on 0.6 acres
- Currently closed retail property at 1400 Cedar Grove Road
- Brick and frame construction completed in 1955
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,446
Cap Rate
3.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$528,920
$528.9K
Cap Rate 7%
$377,800
$377.8K
Cap Rate 9%
$293,844
$293.8K
Market Conditions
NOI Build-Up for 2,084 SF
Gross rent
$37.5K $18.00/SF
− Vacancy
−$2.3K −$1.08/SF
EGI
$35.3K $16.92/SF
− OpEx
−$8.8K −$4.23/SF
NOI
$26.4K $12.69/SF
Area
Clayton County, GA
Vacancy
6.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$528,920
Cap Rate 7%
$377,800
Cap Rate 9%
$293,844
Alternative Uses
Best Use
Specialty Retail
$377.8K
$330.6K – $440.8K
NOI $26,446 @ 7.0% cap · market cap 3.31%
Second Best
Retail
$361.6K
$316.4K – $421.9K
NOI $25,313 @ 7.0% cap · market cap 3.17%
Theoretical Best
Office A
$582.6K
$509.7K – $679.7K
NOI $40,779 @ 7.0% cap · market cap 5.10%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
198
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30288, GA
8,610
Population
2,967
Households
2.9
Avg Household Size
37
Median Age
28%
College-Educated
83%
High-School Grad
7.0 sq mi
ZIP Area
1,230
Density / Sq Mi
$50,499
Median Household Income
$36,157
Median Earnings
$1,168
Median Rent
$225,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Brick-and-frame retail building with on-site parking, central air, and public water service.
Where is this grocery and convenience store 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: 2,084‑square‑foot convenience store building on 0.6 acres; Currently closed retail property at 1400 Cedar Grove Road; Brick and frame construction completed in 1955
