Add Listing
    For Lease
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    417 Lewiston Rd Grovetown, GA

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space adjacent to established businesses, near Interstate 20.

    Type:RETAIL
    Property size:
    1,500 SF
    Lot size:
    1.61 Acres
    Added:
    Feb 12, 2025
    Days on Market:
    442
    Last Refresh:
    Apr 5 at 11:09 pm

    Property Features for 417 Lewiston Rd

    General Information

    Standard status
    Active
    Size
    1,500 SF
    Lot size
    1.61 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 417 Lewiston Rd Contact us

    We can help!

    Listing Contact
    Luke Coffey

    Listing agent Luke Coffey License #GA 383918

    Listing office Southeastern

    Listing date Feb 12, 2025

    Source Moodyscre

    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 Southeastern

    Overview

    Retail Space Near Interstate 20

    This retail space is located in a shadow center to a Kroger store and is adjacent to a Dunkin' Donuts, Dairy Queen, and Buffalo Wild Wings. The property experiences a vehicle per day (VPD) count of 21,000 on Lewiston Road. It is situated just north of Interstate 20. The property offers 1,500 square feet of retail space and is intended for retail use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dunkin' Cafe & Coffee Shop AU Care Center ... Medical Clinic Bridgit M. Joseph, ... Pediatrician

    Suggested Use

    Real Estate Agency Restaurant Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Grovetown
    County
    Columbia
    State
    Georgia
    Longitude
    -82.2002
    Latitude
    33.4914

    Nearby Similar for Lease

    • Contact for pricing

      New Flex Building in Grovetown

      Affordable flex space near I-20, suitable for retail, office, storage.
      987 - 997 Branch Court, Grovetown, GA 30813
      View Details
    • Contact for pricing

      Office Suites For Rent

      Two individual office suites available for rent, utilities included.
      5025 Parham Road, Grovetown, GA 30813
      View Details
    • $2,900/Mo

      Grovetown Commercial Space Available

      Commercial space in Grovetown, GA, near Fort Gordon.
      784 Horizon S Parkway, Grovetown, GA 30813
      View Details
    • $8 SF/Yr

      Retail Space on Wrightsboro Road

      16,000 SF retail space with loading dock available for rent.
      5107 Wrightsboro Rd, Grovetown, GA
      View Details
    • Contact for pricing

      Industrial Parcel with Bottling Facility

      19.73-acre industrial parcel with two buildings for lease.
      6341 Natures Way, Grovetown, GA
      View Details
    • $25 SF/Yr

      Retail Space in Kroger Center

      Retail space available within a Kroger Marketplace shopping center.
      5156 Bluegrass Trail, Grovetown, GA
      View Details
    • Contact for pricing

      Retail Space Near Residential Development

      Retail space suitable for various businesses near residential area.
      501 Oxbow Dr, Grovetown, GA
      View Details
    • Contact for pricing

      Office

      5045 Parham Road, Grovetown, GA 30813
      View Details
    • Contact for pricing

      Retail Strip Center in Grovetown

      Retail strip center with high visibility in Grovetown, Georgia.
      5106 Wrightsboro Rd, Grovetown, GA 30813
      View Details
    • Contact for pricing

      New Retail Center in Grovetown

      Retail spaces available in high-traffic Grovetown location.
      5225 Wrightsboro Rd, Grovetown, GA 30813
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space adjacent to established businesses, near Interstate 20.
    Where is this retail space located?
    The property is located at 417 Lewiston Rd Grovetown, GA.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: Shadow center to Grovetown Kroger; High Visibility: **21k VDP on Lewiston Road**; Adjacent to Dunkin Donuts, Dairy Queen, and Buffalo Wild Wings
    (651) 271-8098 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Luke Coffey
    Real Estate License ID: GA 383918
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!