One-Story Office/Retail
For Sale
$329,000
255 N Broad Street, Winder, GA 30680
COMMERCIAL - Winder, GA
Property Size1,529 SF
Lot Size0.97 Acres
Price / SF$215.17
Days on Market489
Property Features for 255 N Broad Street
General Information
Property type
Commercial Sale
Property subtype
Office
Lot features
City Lot, Level
Directions
From NE GA Medical Center, 2 minutes, .6 mile.
Standard status
Active
APN
WN20 544
Size
1,529 SF
Lot size
0.97 Acres
Taxes and HOA fees
Tax Year
23
Tax Annual Amount
2678
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central, Electric (Heating), Natural Gas
Cooling system
Central Air, Electric
Water source
Public
Building Details
Year built
1932
Flooring type
Hardwood, Tile
Building materials
Vinyl Siding
Roof type
Metal
Listing Agency:
Anchor All Realty Inc. · RE/MAX International
(770) 337-1000
Listed By:
Tammy A Mobley · License #136612
(770) 337-1000
Added: Apr 17, 2025
Changed: Aug 4
Last Checked: Aug 18 at 10:06PM
MLS# 10502829
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 one-story office/retail building sits on a 0.97-acre lot and offers 1,529 SF with a layout that includes five rooms, a kitchen, and two full baths. The interior finishes include tile and hardwood flooring, with central heating and electric air conditioning. Exterior features include vinyl siding and a metal roof. The property also includes a newly poured circular driveway near the side door, a large lobby with counters, and two existing outbuildings.
The building has 106 feet of exposure on N. Broad St, with large signage on the street and building front. It is zoned B-1 and the listing notes it may be grandfathered for commercial and residential use. The lot backs up to Lumpkin St. Public utilities include public water and public sewer, and cable is available.
Vacant and available for an easy showing, this property is being offered as an estate sale and has been in the family for nearly 24 years.
The building has 106 feet of exposure on N. Broad St, with large signage on the street and building front. It is zoned B-1 and the listing notes it may be grandfathered for commercial and residential use. The lot backs up to Lumpkin St. Public utilities include public water and public sewer, and cable is available.
Vacant and available for an easy showing, this property is being offered as an estate sale and has been in the family for nearly 24 years.
Key Highlights
- 106 feet of exposure on N. Broad St with large street and building front signage
- 0.97‑acre, one‑story office/retail building with 1,529 SF
- Five rooms plus kitchen and two full baths
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
$21,506
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
6.54%
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%
$430,120
$430.1K
Cap Rate 7%
$307,229
$307.2K
Cap Rate 9%
$238,956
$239.0K
Market Conditions
NOI Build-Up for 1,529 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
$33.6K $21.96/SF
− Vacancy
−$2.9K −$1.87/SF
EGI
$30.7K $20.09/SF
− OpEx
−$9.2K −$6.03/SF
NOI
$21.5K $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 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%
$430,120
Cap Rate 7%
$307,229
Cap Rate 9%
$238,956
Alternative Uses
Best Use
Retail
$307.2K
$268.8K – $358.4K
NOI $21,506 @ 7.0% cap · market cap 6.54%
Second Best
Office B
$292.5K
$255.9K – $341.3K
NOI $20,475 @ 7.0% cap · market cap 6.22%
Theoretical Best
Office A
$427.4K
$374.0K – $498.7K
NOI $29,919 @ 7.0% cap · market cap 9.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,147
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office 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?
Office building - One-acre, one-story office/retail building with 106 feet of exposure on N Broad St and zoning B-1.
Where is this office building located?
The property is located at 255 N Broad Street Winder, GA.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: 106 feet of exposure on N. Broad St with large street and building front signage; 0.97‑acre, one‑story office/retail building with 1,529 SF; Five rooms plus kitchen and two full baths
