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Flex Space with Service Shop
New
For Sale
$439,000

203 May Street, Winder, GA 30680

Showroom and shop areas are climate controlled, with two roll-up doors and seven designated parking spaces.

Property Size1,975 SF
Lot Size0.35 Acres
Price / SF$195.98
Days on Market4

Property Features for 203 May Street

General Information

Standard status Active
Size 1,975 SF
Total Parking Spaces 7
Lot size 0.35 Acres
Property subtype Commercial
Zoning Commercial-Industrial

Site & Location

Traffic Count 20,000 vehicles/day
Road Access Yes
Fenced Yard Yes
Outdoor Storage Yes

Additional Details

Three-Phase Power No

Amenities

showroom
additional room
restroom
two roll-up doors
high ceilings
asphalt parking lot
privacy fence
central heating and air conditioning
SIL Premium Silicone Roof Coating
0.35 acres, City Lot
Partial, Privacy, Wood
Public Sewer
Parcel Number: WN21 036, Annual Amount: $2,935.97, Year: 2026
Concrete
Central Air
Central, Natural Gas
Listing ID: 10874485, Standard Status: Active, MLS Status: New, On market as of 2026-10-16, 2 days on market
7 total parking spaces, Parking Lot, Paved
Built in 1975, Construction Materials: Block
County/Parish: Barrow
Resale
Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Sewer Available, Water Available, Water Source: Public, 220 Volts
Close Of Escrow

Building Details

Building Size 1,975 SF
Year Built 1975
Buildings 1
Listing Agency: C21 Community Professionals Realty
Listed By: Lisa Hill · License #429834
Source: Blackstreaminternational
Added: Oct 16 Changed: Oct 19 Last Checked: Oct 19 at 2:11PM

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 C21 Community Professionals Realty

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Investment Insights

Based on property information with market context.

This 2,240-square-foot flex property on approximately 0.35 acres combines a customer-facing showroom, a separate adjoining room, a restroom, and a large service area with high ceilings. Central heating and air conditioning serve both the showroom and shop. The building has two roll-up doors and single-phase electrical service. An asphalt lot provides seven marked parking spaces, while approximately 0.134 acres at the rear of the parcel sits behind a privacy fence. A silicone roof coating was applied in February 2024 and carries a transferable 10-year warranty expiring February 14, 2036.

The site has 81.33 feet of frontage along the SR 8 Corridor / US 29, with reported daily traffic exceeding 20,000 vehicles. It is zoned Commercial-Industrial and designated Downtown Gateway/Commercial Corridor in the City of Winder’s Future Land Use Plan. Any use remains subject to applicable zoning regulations and approvals.

Key Highlights

  • 2,240‑square‑foot flex building on approximately 0.35 acres
  • 81.33 feet of road frontage along the SR 8 Corridor / US 29; more than 20,000 vehicles daily
  • Showroom, adjoining room, restroom, and high‑ceiling service area

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$31,506
Cap Rate
7.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$630,120 $630.1K
Cap Rate 7%
$450,086 $450.1K
Cap Rate 9%
$350,067 $350.1K
Market Conditions
NOI Build-Up for 2,240 SF
Gross rent
$49.2K $21.96/SF
− Vacancy
−$4.2K −$1.87/SF
EGI
$45.0K $20.09/SF
− OpEx
−$13.5K −$6.03/SF
NOI
$31.5K $14.07/SF
Area
Barrow 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 Rate 5%
$630,120
Cap Rate 7%
$450,086
Cap Rate 9%
$350,067

Alternative Uses

Best Use
Retail
$450.1K
$393.8K – $525.1K (±1% cap)
NOI $31,506 @ 7.0% cap · market cap 7.18%
Second Best
Industrial
$194.9K
$170.6K – $227.4K (±1% cap)
NOI $13,646 @ 7.0% cap · market cap 3.11%
Theoretical Best
Office A
$626.2K
$547.9K – $730.5K (±1% cap)
NOI $43,832 @ 7.0% cap · market cap 9.98%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

East Coast Customs Electronics & Wireless Store

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Garden Center Parking Lot & Garage Storage Facility Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

20,000 VPD
Traffic count
Yes
Fenced yard
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

556
Businesses Nearby
Balanced
Demand for This Use

Demographics for 30680, GA

46,629
Population
17,680
Households
2.6
Avg Household Size
36
Median Age
21%
College-Educated
87%
High-School Grad
94.9 sq mi
ZIP Area
491
Density / Sq Mi
$77,038
Median Household Income
$41,669
Median Earnings
$1,169
Median Rent
$244,700
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

Frequently Asked Questions

What type of property is this?
Flex space - Showroom and shop areas are climate controlled, with two roll-up doors and seven designated parking spaces.
Where is this flex space located?
The property is located at 203 May Street Winder, GA.
What is the asking price?
The asking price for this property is $439,000.
What are key features of this property?
This property features: 2,240‑square‑foot flex building on approximately 0.35 acres; 81.33 feet of road frontage along the SR 8 Corridor / US 29; more than 20,000 vehicles daily; Showroom, adjoining room, restroom, and high‑ceiling service area
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