Convenience Store Property with
For Sale
$159,900
1701 Stark Rd, Jackson, GA 30233
C-1-zoned property includes a legacy building on approximately one and a half acres near Highway 16.
Property Size1,008 SF
Lot Size1.45 Acres
Price / SF$158.63
Days on Market26
Property Features for 1701 Stark Rd
General Information
Standard status
Active
Size
1,008 SF
Lot size
1.45 Acres
Zoning
C-1
Property Condition
Severity
Teardown
Evidence
the current building would have to be moved or demolished because of setbacks
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1977
Listing Agency:
Welcome Home Real Estate Group
(770) 231-4048
Listed By:
Jamie Upchurch · License #170783
Source:
Annakintown
Added: Aug 3
Changed: Aug 28
Last Checked: Aug 25 at 3:59AM
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 Welcome Home Real Estate Group
Investment Insights
Based on property information with market context.
This convenience store property occupies 1.45 acres along Stark Road near Highway 16. The site includes a building constructed in 1977 and is identified under Butts County’s C-1 zoning classification.
Setback requirements in the latest county zoning ordinance affect the existing structure; the building would need to be relocated or removed. The property’s position along the route toward Jackson and Jackson Lake provides defined roadway context for future planning, subject to applicable county requirements.
Setback requirements in the latest county zoning ordinance affect the existing structure; the building would need to be relocated or removed. The property’s position along the route toward Jackson and Jackson Lake provides defined roadway context for future planning, subject to applicable county requirements.
Key Highlights
- 1.45‑acre property on Stark Road near Highway 16
- Butts County C‑1 zoning designation
- Existing building dates to 1977
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
$14,178
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
8.87%
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%
$283,560
$283.6K
Cap Rate 7%
$202,543
$202.5K
Cap Rate 9%
$157,533
$157.5K
Market Conditions
NOI Build-Up for 1,008 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
$22.1K $21.96/SF
− Vacancy
−$1.9K −$1.87/SF
EGI
$20.3K $20.09/SF
− OpEx
−$6.1K −$6.03/SF
NOI
$14.2K $14.07/SF
Area
Butts 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%
$283,560
Cap Rate 7%
$202,543
Cap Rate 9%
$157,533
Alternative Uses
Best Use
Specialty Retail
$231.4K
$202.5K – $270.0K
NOI $16,199 @ 7.0% cap · market cap 10.13%
Second Best
Retail
$202.5K
$177.2K – $236.3K
NOI $14,178 @ 7.0% cap · market cap 8.87%
Theoretical Best
Office A
$281.8K
$246.6K – $328.7K
NOI $19,724 @ 7.0% cap · market cap 12.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
9
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30233, GA
26,248
Population
9,191
Households
2.9
Avg Household Size
40
Median Age
14%
College-Educated
86%
High-School Grad
147.9 sq mi
ZIP Area
177
Density / Sq Mi
$67,831
Median Household Income
$39,992
Median Earnings
$950
Median Rent
$230,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - C-1-zoned property includes a legacy building on approximately one and a half acres near Highway 16.
Where is this grocery and convenience store located?
The property is located at 1701 Stark Rd Jackson, GA.
What is the asking price?
The asking price for this property is $159,900.
What are key features of this property?
This property features: 1.45‑acre property on Stark Road near Highway 16; Butts County C‑1 zoning designation; Existing building dates to 1977
