Freestanding Storefront with Open
New
For Sale
$500,000
4222 E Ponce De Leon Avenue, Clarkston, GA 30021
Corner positioning offers exposure along E Ponce de Leon Avenue and Montreal Road.
Property Size3,200 SF
Lot Size0.15 Acres
Price / SF$156.25
Days on Market6
Property Features for 4222 E Ponce De Leon Avenue
General Information
Standard status
Active
Size
3,200 SF
Total Parking Spaces
10
Lot size
0.15 Acres
Property subtype
Business
Site & Location
Corner Location
Yes
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$9,972
Building Details
Building Size
3,200 SF
Year Built
1970
Buildings
1
Listing Agency:
Real Broker, LLC.
Listed By:
Julie Brittain
(404) 531-5700
Source:
Beacham
Added: Sep 10
Changed: Sep 13
Last Checked: Sep 14 at 9:26AM
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 Real Broker, LLC.
Investment Insights
Based on property information with market context.
This freestanding storefront contains 3,200 SF within a 40x80 building on a 6,400 SF corner lot. The interior features 12' ceilings, an open configuration, one bathroom, and room for additional build-out. On-site parking accommodates 8-10 vehicles.
The property fronts E Ponce de Leon Avenue, with additional exposure along Montreal Road at the intersection in Clarkston. E Ponce de Leon serves as a primary thoroughfare through the community, and the site is just minutes from I-285. The layout is suited to the restaurant, medical, professional office, accounting, bookstore, specialty market, salon, or daycare uses identified for the property.
The property fronts E Ponce de Leon Avenue, with additional exposure along Montreal Road at the intersection in Clarkston. E Ponce de Leon serves as a primary thoroughfare through the community, and the site is just minutes from I-285. The layout is suited to the restaurant, medical, professional office, accounting, bookstore, specialty market, salon, or daycare uses identified for the property.
Key Highlights
- 3,200 SF freestanding storefront on a 6,400 SF corner lot
- 40x80 building with 12' ceilings and an open layout
- 8‑10 on‑site parking spaces
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
$45,009
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
9.00%
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%
$900,180
$900.2K
Cap Rate 7%
$642,986
$643.0K
Cap Rate 9%
$500,100
$500.1K
Market Conditions
NOI Build-Up for 3,200 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
$70.3K $21.96/SF
− Vacancy
−$6.0K −$1.87/SF
EGI
$64.3K $20.09/SF
− OpEx
−$19.3K −$6.03/SF
NOI
$45.0K $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%
$900,180
Cap Rate 7%
$642,986
Cap Rate 9%
$500,100
Alternative Uses
Best Use
Retail
$643.0K
$562.6K – $750.2K
NOI $45,009 @ 7.0% cap · market cap 9.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$894.5K
$782.7K – $1.04M
NOI $62,617 @ 7.0% cap · market cap 12.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
651
Businesses Nearby
29k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Family Dollar
Shops & Services
9,697 visits/mo
0.1 miles
Dollar General
Shops & Services
7,044 visits/mo
0.3 miles
Exxon
Shops & Services
6,764 visits/mo
0.5 miles
FedEx Office Print & Ship Center
Shops & Services
4,525 visits/mo
0.2 miles
U-Haul
Shops & Services
811 visits/mo
0.2 miles
Demographics for 30021, GA
25,442
Population
8,416
Households
3
Avg Household Size
29
Median Age
23%
College-Educated
77%
High-School Grad
3.6 sq mi
ZIP Area
7,067
Density / Sq Mi
$48,158
Median Household Income
$29,162
Median Earnings
$1,265
Median Rent
$256,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Corner positioning offers exposure along E Ponce de Leon Avenue and Montreal Road.
Where is this storefront property located?
The property is located at 4222 E Ponce De Leon Avenue Clarkston, GA.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 3,200 SF freestanding storefront on a 6,400 SF corner lot; 40x80 building with 12' ceilings and an open layout; 8‑10 on‑site parking spaces
