Freestanding Storefront with
New
For Sale
$279,900
1715 Candler Road, Decatur, GA 30032
Commercial Sale, Decatur, GA
Property Size1,161 SF
Lot Size0.14 Acres
Price / SF$241.09
Days on Market5
Property Features for 1715 Candler Road
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Parking Lot
Lot features
City Lot, Level
Directions
Take I-20 east towards Augusta. Take exit 61B for Ga-260/Glenwood Ave. Turn left onto Ga-260E/Glenwood Ave SE. Turn left onto Candler Road. GPS Friendly
Standard status
Active
APN
15 183 05 010
Size
1,161 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
1762
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Forced Air, Central
Cooling system
Central Air
Water source
Public
Amenities
hardwood flooring
central forced-air heat
flexible layout
gated entry
camera surveillance
dedicated parking
Building Details
Year built
1950
Flooring type
Hardwood
Building materials
Brick
Roof type
Composition
Listing Agency:
Keller Williams Realty Atl. Partners
(678) 252-1900
Listed By:
Brenda Conley · License #261069
(678) 871-7714
Added: Sep 18
Changed: Sep 21
Last Checked: Sep 22 at 7:06PM
MLS# 10850012
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 freestanding, single-story storefront contains 1,161 square feet on a 0.14-acre lot. The 1950-built structure features brick construction, hardwood flooring, central forced-air heating, central air conditioning, and a flexible interior suited to professional office or retail use. A gated entrance, camera surveillance, and an on-site parking lot support controlled access and customer convenience.
The property fronts Candler Road in DeKalb County and is positioned along a major state-road corridor. Public water and public sewer serve the site, with cable availability also reported. The roof is composition, and the building’s standalone configuration provides a dedicated commercial setting for an owner-user or occupant.
The property fronts Candler Road in DeKalb County and is positioned along a major state-road corridor. Public water and public sewer serve the site, with cable availability also reported. The roof is composition, and the building’s standalone configuration provides a dedicated commercial setting for an owner-user or occupant.
Key Highlights
- 1,161‑square‑foot freestanding storefront on a 0.14‑acre lot
- Frontage along Candler Road in DeKalb County
- Flexible interior suitable for professional offices or retail use
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
$16,330
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
5.83%
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%
$326,600
$326.6K
Cap Rate 7%
$233,286
$233.3K
Cap Rate 9%
$181,444
$181.4K
Market Conditions
NOI Build-Up for 1,161 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
$25.5K $21.96/SF
− Vacancy
−$2.2K −$1.87/SF
EGI
$23.3K $20.09/SF
− OpEx
−$7.0K −$6.03/SF
NOI
$16.3K $14.07/SF
Area
DeKalb 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%
$326,600
Cap Rate 7%
$233,286
Cap Rate 9%
$181,444
Alternative Uses
Best Use
Retail
$233.3K
$204.1K – $272.2K
NOI $16,330 @ 7.0% cap · market cap 5.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$324.5K
$284.0K – $378.6K
NOI $22,718 @ 7.0% cap · market cap 8.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
647
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30032, GA
44,697
Population
20,676
Households
2.2
Avg Household Size
38
Median Age
30%
College-Educated
91%
High-School Grad
13.6 sq mi
ZIP Area
3,287
Density / Sq Mi
$61,292
Median Household Income
$37,443
Median Earnings
$1,364
Median Rent
$245,000
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
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Frequently Asked Questions
What type of property is this?
Storefront property - Single-story commercial space with hardwood floors, central HVAC, gated entry, and camera surveillance.
Where is this storefront property located?
The property is located at 1715 Candler Road Decatur, GA.
What is the asking price?
The asking price for this property is $279,900.
What are key features of this property?
This property features: 1,161‑square‑foot freestanding storefront on a 0.14‑acre lot; Frontage along Candler Road in DeKalb County; Flexible interior suitable for professional offices or retail use
