Two-Unit Retail Condo
2421 Malcom Bridge Rd Bogart, GA 30622
2421 Malcom Bridge Rd, Bogart, GA, 30622
Contact for pricing
For Sale
Contact for pricing
Two-unit retail condo portfolio available in a new neighborhood commercial development.
Property Size4,201 SF
Price / SF$392.51
Days on Market131
Property Features for 2421 Malcom Bridge Rd
General Information
- Standard status
- Active
- Size
- 4,201 SF
- Property subtype
- Retail
Listing agency
WHR Real Estate Co
(706) 714-1196
Listed by
Hank Randolph · License #GA 366078
Source
Crexi
Added: Mar 13 Updated: Jul 21 at 3:33AM Checked: Jul 21 at 3:33AM
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 WHR Real Estate Co
Investment Insights
Based on property information with market context.
This for-sale portfolio includes two unit retail condos in a new neighborhood commercial development at The Village at Malcom Bridge. The property is positioned as part of an active retail grouping supporting the surrounding residential community.
The surrounding community is described as walkable, with over 600 homes nearby, and award-winning schools across the street.
The offering provides buyers the opportunity to acquire a two-unit retail configuration within a developing commercial area in Bogart, Georgia.
The surrounding community is described as walkable, with over 600 homes nearby, and award-winning schools across the street.
The offering provides buyers the opportunity to acquire a two-unit retail configuration within a developing commercial area in Bogart, Georgia.
Key Highlights
- Two‑unit retail condo portfolio available in a new neighborhood commercial development
- Located in The Village at Malcom Bridge of Oconee County, GA
- Surrounding community is walkable with over 600 homes
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $75.6k | $18.00 |
| − Vacancy | −$7.8k | −$1.85 |
| EGI | $67.8k | $16.15 |
| − OpEx | −$20.3k | −$4.84 |
| NOI | $47.5k | $11.30 |
4,201 SF · lease $18.00/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$678.3K
$593.5K – $791.4K
NOI $47,481 @ 7.0% cap · market cap 2.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.01M
$886.1K – $1.18M
NOI $70,891 @ 7.0% cap · market cap 4.30%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Smallcakes Athens
Bakery
RockBox Fitness Athens
Gym & Fitness Center
East Athens Physical ...
Medical Clinic
Core Blend Training: ...
Gym & Fitness Center
Similar For Sale Nearby
FAQs
What type of property is this?
Storefront property - Two-unit retail condo portfolio available in a new neighborhood commercial development.
Where is this storefront property located?
The property is located at 2421 Malcom Bridge Rd Bogart, GA.
What is the asking price?
The asking price for this property is $1,648,919.
What are key features of this property?
This property features: Two‑unit retail condo portfolio available in a new neighborhood commercial development; Located in The Village at Malcom Bridge of Oconee County, GA; Surrounding community is walkable with over 600 homes
