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    Versatile Commercial Property For Sale Title is generated by Realmo AI

    3228 New Macland Road, Powder Springs, GA 30127

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    Office, retail, restaurant, or daycare location with redevelopment potential.

    Type:Office, Retail
    Property size:
    1,160 SF
    Lot size:
    0.50 Acres
    Price / SF:
    $314/SF
    Added:
    Jul 13, 2024
    Days on Market:
    724
    Last Refresh:
    May 13 at 12:26 am

    Property Features for 3228 New Macland Road

    General Information

    Standard status
    Active
    Size
    1,160 SF
    Lot size
    0.50 Acres
    Property subtype
    Office, Retail

    Building Details

    Year Built
    1949

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    Dean Gudlauski
    Dean Gudlauski

    Listing office RE/MAX Around Atlanta Realty

    Listing date Jul 13, 2024

    Source Crexi

    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 RE/MAX Around Atlanta Realty

    HighLights

    • 0. 5 acre lot suitable for business build, franchise, or other development.
    • Versatile site suitable for office, professional services, general business, daycare, restaurant, or retail.
    • Existing structure with residential floor plan ready for tenant build out or improvement.
    • Potential for 10‑15 parking spots in converted front yard.
    • Excellent access directly across from strip center and commercial intersection.
    • Includes storage building in the back that can remain or be removed.

    Overview

    This commercial property presents an opportunity for businesses seeking a new location. The existing structure, currently featuring a residential floor plan, is suitable for office, professional services, general business, daycare, restaurant, or retail use. The property includes a storage building at the rear, which can be retained or removed based on the tenant's needs. All structures could be torn down and rebuilt to suit. The property includes 0.5 acre of usable land, with an additional adjacent 0.5 acre lot that is level and cleared, potentially suitable for a franchise or other business development. The front yard has the potential to be converted into a paved parking area accommodating approximately 10-15 vehicles. The 1160 square foot site offers excellent access directly across from a strip center and commercial intersection, and is located in close proximity to residential neighborhoods and public schools.

    Local Financial Insights For Specialty 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 $26.7k $23.04
    − Vacancy −$1.9k −$1.61
    EGI $24.9k $21.43
    − OpEx −$6.2k −$5.36
    NOI $18.6k $16.07
    1,160 SF · lease $23.04/SF/yr · vacancy 7.00% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $266.3K
    $233.0K – $310.7K (±1% cap)
    NOI $18,642 @ 7.0% cap · market cap 5.11%
    Second Best
    Retail
    $233.1K
    $204.0K – $271.9K (±1% cap)
    NOI $16,316 @ 7.0% cap · market cap 4.47%
    Theoretical Best
    Office A
    $325.7K
    $285.0K – $380.0K (±1% cap)
    NOI $22,801 @ 7.0% cap · market cap 6.25%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Building Supply Big Box & Wholesale Store Dental Office Auto Repair Shop Hotel & Motel Hair Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Powder Springs
    County
    Cobb
    State
    Georgia
    Longitude
    -84.6767811
    Latitude
    33.8750244

    FAQs

    What type of property is this?
    Office units - Office, retail, restaurant, or daycare location with redevelopment potential.
    Where is this office units located?
    The property is located at 3228 New Macland Road Powder Springs, GA.
    What is the asking price?
    The asking price for this property is $365,000.
    What are key features of this property?
    This property features: 0. 5 acre lot suitable for business build, franchise, or other development.; Versatile site suitable for office, professional services, general business, daycare, restaurant, or retail.; Existing structure with residential floor plan ready for tenant build out or improvement.
    (404) 488-4663 Call to check price and availability
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