Retail Building with Parking
New
For Sale
$350,000
4022 Glenwood Road, Decatur, GA 30032
Commercial Sale, Decatur, GA
Property Size2,000 SF
Lot Size0.60 Acres
Price / SF$175
Days on Market2
Property Features for 4022 Glenwood Road
General Information
Property type
Commercial Sale
Property subtype
Retail
Parking
15
Parking features
Parking Lot
Lot features
Level
Directions
Off of 1-285, near south on Glenwood Ave, property is on the right.
Standard status
Active
APN
15 186 03 006
Lot size
0.60 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
4475
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1968
Listing Agency:
Compass
(404) 668-6621
Listed By:
Christine Love · License #343188
(404) 375-2180
Added: Oct 6
Last Checked: Oct 7 at 7:06PM
MLS# 10867805
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 1968 commercial building offers nearly 2,000 square feet of space, concrete construction on all four sides, and a parking lot. The 0.595-acre parcel has nearly 50 feet of frontage on Glenwood Road in Decatur, Georgia.
Public water and public sewer serve the property. An EV charging station concept is also presented, subject to city approval and required permits.
Public water and public sewer serve the property. An EV charging station concept is also presented, subject to city approval and required permits.
Key Highlights
- Nearly 2,000 square feet of building area
- 0.595‑acre parcel with nearly 50 feet of frontage on Glenwood Road
- Concrete construction on all four sides
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,131
Cap Rate
8.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$562,620
$562.6K
Cap Rate 7%
$401,871
$401.9K
Cap Rate 9%
$312,567
$312.6K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$43.9K $21.96/SF
− Vacancy
−$3.7K −$1.87/SF
EGI
$40.2K $20.09/SF
− OpEx
−$12.1K −$6.03/SF
NOI
$28.1K $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%
$562,620
Cap Rate 7%
$401,871
Cap Rate 9%
$312,567
Alternative Uses
Best Use
Retail
$401.9K
$351.6K – $468.9K
NOI $28,131 @ 7.0% cap · market cap 8.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$559.1K
$489.2K – $652.3K
NOI $39,135 @ 7.0% cap · market cap 11.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
447
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - The property includes a parking lot and access to public water and sewer.
Where is this retail space located?
The property is located at 4022 Glenwood Road Decatur, GA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Nearly 2,000 square feet of building area; 0.595‑acre parcel with nearly 50 feet of frontage on Glenwood Road; Concrete construction on all four sides
