Concrete Retail Building with Parking
For Sale
$350,000
4022 Glenwood Road, Decatur, GA 30032
COMMERCIAL - Decatur, GA
Property Size2,000 SF
Lot Size0.60 Acres
Price / SF$175
Days on Market88
Property Features for 4022 Glenwood Road
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
15
Parking features
Parking Lot
Lot features
Corner Lot
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
Building materials
Concrete
Listing Agency:
Compass
(404) 668-6621
Listed By:
Christine Love · License #343188
(404) 375-2180
Added: May 14
Changed: Aug 4
Last Checked: Aug 9 at 1:06AM
MLS# 10764573
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 sale property includes a commercial building with concrete construction on all four sides, sized at nearly 2,000 square feet. The site is offered on an approximately 0.595-acre lot and is described as a strong fit for development plans, including a potential EV charging station subject to city verification and permits.
The property is located at 4022 Glenwood Road in Decatur, Georgia, with nearly 50 feet of road frontage and a large parking lot designed to provide straightforward customer access.
The property is located at 4022 Glenwood Road in Decatur, Georgia, with nearly 50 feet of road frontage and a large parking lot designed to provide straightforward customer access.
Key Highlights
- Commercial building is nearly 2,000 SF and constructed with concrete on all four sides
- Nearly 50 ft of road frontage on Glenwood Road for strong visibility and easy access
- Over a half‑acre lot with parking lot parking and a parking lot setting
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
$28,131
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
8.04%
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%
$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
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
$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 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%
$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
Property Profile
Current Use
Lease Details
Yes
Paved road access
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
Market
Vacancy Rate% for Retail 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?
Commercial land - Concrete building on a half-acre site with nearly 50 feet of road frontage and a large parking lot.
Where is this commercial land 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: Commercial building is nearly 2,000 SF and constructed with concrete on all four sides; Nearly 50 ft of road frontage on Glenwood Road for strong visibility and easy access; Over a half‑acre lot with parking lot parking and a parking lot setting
