Vacant Retail
3820 N Decatur Rd, Decatur, GA 30032
For Sale
Contact for pricing
The property sits within a trade area combining residential neighborhoods with national retailers, restaurants, banks, and automotive businesses.
Property Size10,181 SF
Price / SF$279.93
Days on Market14
Property Features for 3820 N Decatur Rd
General Information
Standard status
Size
Property subtype
Additional Details
Highway Access
Building Details
Buildings
Listing Agency:
Skyline Seven Real Estate
Listed By:
Elliott Kyle · License #GA 299687
(404) 812-8927
Source:
Crexi
Added: Oct 27
Changed: Nov 8
Last Checked: Nov 8 at 4:18PM
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 Skyline Seven Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This vacant retail property is a former CVS building with approximately 10,181 square feet. It offers an existing commercial structure in the Atlanta suburbs, with continued retail use and redevelopment both identified as possibilities.
N Decatur Road provides the setting, with access to Interstate 285 and nearby communities including Decatur, Clarkston, and Stone Mountain. Area businesses include national retailers, restaurants, banks, and automotive operators. Georgia Piedmont Technical College and Georgia State University's Perimeter College-Clarkston Campus are also nearby.
The population is approximately 114,460 within three miles and 280,190 within five miles. Average household income is approximately $99,600 in the three-mile area and $121,500 within five miles.
N Decatur Road provides the setting, with access to Interstate 285 and nearby communities including Decatur, Clarkston, and Stone Mountain. Area businesses include national retailers, restaurants, banks, and automotive operators. Georgia Piedmont Technical College and Georgia State University's Perimeter College-Clarkston Campus are also nearby.
The population is approximately 114,460 within three miles and 280,190 within five miles. Average household income is approximately $99,600 in the three-mile area and $121,500 within five miles.
Key Highlights
- Vacant former CVS retail building
- Approximately 10,181 square feet
- Access to Interstate 285 from N Decatur Road
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$143,200
Cap Rate
5.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,864,000
$2.9M
Cap Rate 7%
$2,045,714
$2.0M
Cap Rate 9%
$1,591,111
$1.6M
Market Conditions
NOI Build-Up for 10,181 SF
Gross rent
$223.6K $21.96/SF
− Vacancy
−$19.0K −$1.87/SF
EGI
$204.6K $20.09/SF
− OpEx
−$61.4K −$6.03/SF
NOI
$143.2K $14.07/SF
Area
DeKalb 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 Rate 5%
$2,864,000
Cap Rate 7%
$2,045,714
Cap Rate 9%
$1,591,111
Alternative Uses
Best Use
Retail
$2.05M
$1.79M – $2.39M
NOI $143,200 @ 7.0% cap · market cap 5.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.85M
$2.49M – $3.32M
NOI $199,219 @ 7.0% cap · market cap 6.99%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
770
Businesses Nearby
121k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 65%
Dining 35%
Electronics 1%
QuikTrip
Shops & Services
35,921 visits/mo
0.1 miles
Wendy's
Dining
17,845 visits/mo
0.4 miles
Bank of America
Shops & Services
14,401 visits/mo
0.0 miles
Wells Fargo
Shops & Services
12,008 visits/mo
0.2 miles
Applebee's
Dining
9,475 visits/mo
0.2 miles
Demographics for 30032, GA
44,697
Population
20,676
Households
2.2
Avg Household Size
38
Median Age
30%
College-Educated
91%
High-School Grad
13.6 sq mi
ZIP Area
3,287
Density / Sq Mi
$61,292
Median Household Income
$37,443
Median Earnings
$1,364
Median Rent
$245,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Retail space in Decatur, GA
Properties on Market for Retail space in Decatur
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - The property sits within a trade area combining residential neighborhoods with national retailers, restaurants, banks, and automotive businesses.
Where is this retail space located?
The property is located at 3820 N Decatur Rd Decatur, GA.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: Vacant former CVS retail building; Approximately 10,181 square feet; Access to Interstate 285 from N Decatur Road
