Mixed-Use Property with Auto
For Sale
$1,500,000
3940 Jodeco Rd, McDonough, GA 30253
Corner-site commercial property combines an operating business, office space, and an upstairs apartment.
Property Size5,885 SF
Price / SF$254.89
Days on Market93
Property Features for 3940 Jodeco Rd
General Information
Standard status
Active
Size
5,885 SF
Additional Details
Business Included
Yes
Amenities
monument sign
security system
storage space
skylights
AC
Building Details
Year Built
1999
Listing Agency:
Land and Key, LLC
Listed By:
Chuck Blackmon · License #344230
(770) 898-1700
Source:
Broadandmainrealestate
Added: Jul 15
Changed: Oct 8
Last Checked: Oct 7 at 1:03PM
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 Land and Key, LLC
Investment Insights
Based on property information with market context.
This mixed-use commercial property contains 5,885 square feet and was built in 1999. The improvements include office and storage areas, skylights, air conditioning, a security system, a monument sign, automotive lifts, tools, and supplies. An operating business is included with the sale.
A one-bedroom, one-bathroom apartment is located above the office. The final bay at the end of the structure has a separate address, creating an additional configuration for business leasing. The property occupies a corner lot and combines commercial operations with residential space in one building.
A one-bedroom, one-bathroom apartment is located above the office. The final bay at the end of the structure has a separate address, creating an additional configuration for business leasing. The property occupies a corner lot and combines commercial operations with residential space in one building.
Key Highlights
- 5,885‑square‑foot mixed‑use property built in 1999
- Corner lot with monument sign
- Operating business included with the sale
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$82,775
Cap Rate
5.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,655,500
$1.7M
Cap Rate 7%
$1,182,500
$1.2M
Cap Rate 9%
$919,722
$919.7K
Market Conditions
NOI Build-Up for 5,885 SF
Gross rent
$129.2K $21.96/SF
− Vacancy
−$11.0K −$1.87/SF
EGI
$118.2K $20.09/SF
− OpEx
−$35.5K −$6.03/SF
NOI
$82.8K $14.07/SF
Area
Henry 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%
$1,655,500
Cap Rate 7%
$1,182,500
Cap Rate 9%
$919,722
Alternative Uses
Best Use
Retail
$1.18M
$1.03M – $1.38M
NOI $82,775 @ 7.0% cap · market cap 5.52%
Second Best
Mixed Use
$1.02M
$893.8K – $1.19M
NOI $71,503 @ 7.0% cap · market cap 4.77%
Theoretical Best
Office A
$1.65M
$1.44M – $1.92M
NOI $115,156 @ 7.0% cap · market cap 7.68%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
279
Businesses Nearby
Explore this area
Business Placement
Demographics for 30253, GA
62,025
Population
22,889
Households
2.7
Avg Household Size
36
Median Age
30%
College-Educated
93%
High-School Grad
46.9 sq mi
ZIP Area
1,322
Density / Sq Mi
$81,601
Median Household Income
$43,433
Median Earnings
$1,627
Median Rent
$281,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Corner-site commercial property combines an operating business, office space, and an upstairs apartment.
Where is this mixed-use property located?
The property is located at 3940 Jodeco Rd McDonough, GA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 5,885‑square‑foot mixed‑use property built in 1999; Corner lot with monument sign; Operating business included with the sale
