Restaurant Building with
New
For Sale
$2,400,000
250 Bordeaux Drive, Thomson, GA 30824
Commercial Sale, Thomson, GA
Property Size6,374 SF
Lot Size1.86 Acres
Price / SF$376.53
Days on Market2
Property Features for 250 Bordeaux Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C2
Parking features
Off Street, Parking Lot
Lot features
Landscaped
Directions
Take Exit 172 off Interstate 20 and proceed south. Turn right at Bordeaux Drive. Property is a quarter mile down on the right.
Standard status
Active
APN
00290013a00
Size
6,374 SF
Lot size
1.86 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
N/Av.
Tax Annual Amount
10982
Legal Description
N/Av.
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Forced Air, Heat Pump (Heating)
Cooling system
Heat Pump, Central Air
Water source
Public
Building Details
Year built
2023
Flooring type
Lvt/lvp, Carpet
Building materials
Metal Siding, Wood Siding
Roof type
Asphalt
Listing Agency:
D C Lawrence Real Estate, Llc
(706) 863-3720
Listed By:
Donald C Lawrence · License #270289
(706) 825-4376
Added: Sep 1
Last Checked: Sep 2 at 6:06PM
MLS# 100600356
Copyright © 2026 Hive MLS. 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.
Built in 2023, this restaurant property offers 6,374 square feet on a 1.86-acre parcel. The sale includes kitchen equipment, dining room furniture, pots and pans, plates, silverware, and glasses. Interior finishes include LVT/LVP and carpet, with metal and wood siding on the exterior and an asphalt roof.
The property has central air conditioning and heat-pump heating, supported by forced-air distribution. Public water and public sewer serve the site, which also provides off-street parking in a parking lot. C2 zoning supports the property’s restaurant-oriented commercial use.
The property has central air conditioning and heat-pump heating, supported by forced-air distribution. Public water and public sewer serve the site, which also provides off-street parking in a parking lot. C2 zoning supports the property’s restaurant-oriented commercial use.
Key Highlights
- 6,374‑square‑foot restaurant property on 1.86 acres
- Built in 2023 with metal and wood siding
- Sale includes kitchen equipment and dining room furniture
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
$74,890
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
3.12%
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%
$1,497,800
$1.5M
Cap Rate 7%
$1,069,857
$1.1M
Cap Rate 9%
$832,111
$832.1K
Market Conditions
NOI Build-Up for 6,374 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
$105.6K $16.56/SF
− Vacancy
−$5.7K −$0.89/SF
EGI
$99.9K $15.67/SF
− OpEx
−$25.0K −$3.92/SF
NOI
$74.9K $11.75/SF
Area
McDuffie County, GA
Vacancy
5.40%
Lease Rate
$16.56 /SF/Yr
Expense Ratio
25.00%
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%
$1,497,800
Cap Rate 7%
$1,069,857
Cap Rate 9%
$832,111
Alternative Uses
Best Use
Specialty Retail
$1.07M
$936.1K – $1.25M
NOI $74,890 @ 7.0% cap · market cap 3.12%
Second Best
Industrial
$573.3K
$501.6K – $668.8K
NOI $40,128 @ 7.0% cap · market cap 1.67%
Theoretical Best
Office A
$2.01M
$1.76M – $2.35M
NOI $140,832 @ 7.0% cap · market cap 5.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
111
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30824, GA
16,832
Population
7,548
Households
2.2
Avg Household Size
42
Median Age
20%
College-Educated
87%
High-School Grad
191.7 sq mi
ZIP Area
88
Density / Sq Mi
$54,214
Median Household Income
$35,804
Median Earnings
$810
Median Rent
$158,500
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?
Conventional restaurant - C2-zoned restaurant property includes kitchen equipment, dining furnishings, and a complete set of service items.
Where is this conventional restaurant located?
The property is located at 250 Bordeaux Drive Thomson, GA.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: 6,374‑square‑foot restaurant property on 1.86 acres; Built in 2023 with metal and wood siding; Sale includes kitchen equipment and dining room furniture
