Acworth Retail Space For
For Sale
Contact for pricing
2320 Baker Rd, Acworth, GA 30101
10,201 SF retail space on 1.72 acres.
Property Size10,201 SF
Lot Size1.72 Acres
Price / SF$245.07
Days on Market190
Property Features for 2320 Baker Rd
General Information
Standard status
Active
Size
10,201 SF
Lot size
1.72 Acres
Property subtype
Office, Retail, Special Purpose
Zoning
LRO
Investment Type
Owner/User
Building Details
Year Built
1998
Year Renovated
2008
Buildings
1
Stories
1
Units
1
Listing Agency:
Lavista Associates
(404) 218-5722
Listed By:
Thomas Martin · License #GA 380309
Source:
Crexi
Added: Feb 3
Changed: Aug 8
Last Checked: Aug 11 at 6:26AM
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 Lavista Associates
Investment Insights
Based on property information with market context.
The property at 2320 Baker Road NW in Acworth, GA, features 10,201 square feet of retail space on a 1.72-acre lot. Situated along Baker Road, the location benefits from exposure to over 11,000 vehicles per day. Positioned between Jiles Road and Hickory Grove Road, the property serves as a cut-through between two high-traffic corridors. The surrounding area has a population of 184,947 and an average household income of $112,000 within a 5-mile radius. Acworth is a growing Atlanta suburb with affordable housing and access to the city, featuring a dining and entertainment scene, outdoor recreation, and a festival calendar.
Key Highlights
- High‑traffic location on Baker Road with over 11,000 vehicles per day.
- Strong demographics: 184,947 population and $112K average household income within a 5‑mile radius.
- 10,201 square feet of retail space on 1.72 acres.
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
$143,481
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
5.74%
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%
$2,869,620
$2.9M
Cap Rate 7%
$2,049,729
$2.0M
Cap Rate 9%
$1,594,233
$1.6M
Market Conditions
NOI Build-Up for 10,201 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
$224.0K $21.96/SF
− Vacancy
−$19.0K −$1.87/SF
EGI
$205.0K $20.09/SF
− OpEx
−$61.5K −$6.03/SF
NOI
$143.5K $14.07/SF
Area
Cherokee 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%
$2,869,620
Cap Rate 7%
$2,049,729
Cap Rate 9%
$1,594,233
Alternative Uses
Best Use
Retail
$2.05M
$1.79M – $2.39M
NOI $143,481 @ 7.0% cap · market cap 5.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.86M
$2.51M – $3.34M
NOI $200,511 @ 7.0% cap · market cap 8.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
184
Businesses Nearby
Explore this area
Business Placement
Demographics for 30101, GA
61,989
Population
21,788
Households
2.8
Avg Household Size
39
Median Age
43%
College-Educated
94%
High-School Grad
41.0 sq mi
ZIP Area
1,512
Density / Sq Mi
$107,004
Median Household Income
$52,779
Median Earnings
$1,679
Median Rent
$376,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - 10,201 SF retail space on 1.72 acres.
Where is this retail space located?
The property is located at 2320 Baker Rd Acworth, GA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: High‑traffic location on Baker Road with over 11,000 vehicles per day.; Strong demographics: 184,947 population and $112K average household income within a 5‑mile radius.; 10,201 square feet of retail space on 1.72 acres.
