Automotive Showroom
For Sale
Contact for pricing
4160 Atlanta Hwy, Bogart, GA 30622
Purpose-built commercial showroom with automotive dealership history and CG, E-O zoning.
Property Size24,385 SF
Price / SF$266.56
Days on Market117
Property Features for 4160 Atlanta Hwy
General Information
Standard status
Active
Size
24,385 SF
Total Parking Spaces
100
Property subtype
Retail, Office
Zoning
CG, E-O
Investment Type
Owner/User
Additional Details
Highway Access
Yes
Building Details
Year Built
2014
Buildings
2
Listing Agency:
Stratus Property Group
(404) 618-1878
Listed By:
Jacob Jordan · License #GA 408751
Source:
Crexi
Added: May 6
Changed: Aug 30
Last Checked: Aug 30 at 2:03PM
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 Stratus Property Group
Investment Insights
Based on property information with market context.
This 24,385-square-foot showroom facility was constructed in 2014 and previously operated as a Hyundai dealership. The property is located at 4160 Atlanta Hwy in Bogart, Georgia, and carries CG, E-O zoning. Its established showroom format and automotive operating history provide a defined commercial profile for continued evaluation.
Key Highlights
- 24,385‑square‑foot showroom facility
- Constructed in 2014
- Previously operated as a Hyundai dealership
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
$275,604
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
4.24%
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%
$5,512,080
$5.5M
Cap Rate 7%
$3,937,200
$3.9M
Cap Rate 9%
$3,062,267
$3.1M
Market Conditions
NOI Build-Up for 24,385 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
$438.9K $18.00/SF
− Vacancy
−$45.2K −$1.85/SF
EGI
$393.7K $16.15/SF
− OpEx
−$118.1K −$4.84/SF
NOI
$275.6K $11.30/SF
Area
Oconee County, GA
Vacancy
10.30%
Lease Rate
$18.00 /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%
$5,512,080
Cap Rate 7%
$3,937,200
Cap Rate 9%
$3,062,267
Alternative Uses
Best Use
Retail
$3.94M
$3.45M – $4.59M
NOI $275,604 @ 7.0% cap · market cap 4.24%
Second Best
Industrial
$2.12M
$1.86M – $2.48M
NOI $148,550 @ 7.0% cap · market cap 2.29%
Theoretical Best
Office A
$5.88M
$5.14M – $6.86M
NOI $411,494 @ 7.0% cap · market cap 6.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
443
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30622, GA
11,044
Population
4,336
Households
2.5
Avg Household Size
39
Median Age
58%
College-Educated
96%
High-School Grad
37.0 sq mi
ZIP Area
298
Density / Sq Mi
$127,530
Median Household Income
$60,960
Median Earnings
$1,603
Median Rent
$379,400
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.
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Frequently Asked Questions
What type of property is this?
Showroom - Purpose-built commercial showroom with automotive dealership history and CG, E-O zoning.
Where is this showroom located?
The property is located at 4160 Atlanta Hwy Bogart, GA.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: 24,385‑square‑foot showroom facility; Constructed in 2014; Previously operated as a Hyundai dealership
