Freestanding Storefront
New
For Sale
$500,000
4222 E Ponce De Leon Avenue, Clarkston, GA 30021
Commercial Sale, Clarkston, GA
Property Size3,200 SF
Lot Size0.31 Acres
Price / SF$156.25
Days on Market6
Property Features for 4222 E Ponce De Leon Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Com
Parking
10
Parking features
Parking Lot
Window features
Display Window(s)
Interior features
High Ceilings 10 or Greater, Restrooms
Fencing
Perimeter, Fenced
Lot features
Corner Lot, Free Standing, Level
View
City
Directions
Please use GPS.
Standard status
Active
Size
3,200 SF
Lot size
0.31 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
9972
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Heating system
Electric (Heating), Forced Air, Central
Cooling system
Central Air, Electric
Water source
Public
Building Details
Year built
1970
Floors in Building
1
Flooring type
Carpet, Concrete
Building materials
Brick 4 Sides
Roof type
Asphalt
Listing Agency:
Real Broker, LLC.
(855) 450-0442
Listed By:
Julie Brittain
(404) 966-3328
Added: Sep 10
Changed: Sep 14
Last Checked: Sep 15 at 1:06AM
MLS# 7836081
Copyright © 2026 First Multiple Listing Service, Inc. 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 freestanding storefront property at 4222 E Ponce De Leon Avenue includes a 3,200-square-foot building on a 0.3076-acre corner parcel. The 40-by-80-foot structure was built in 1970 and features an open interior, 12-foot ceilings, one restroom, concrete and carpet flooring, brick construction on all four sides, and a fenced perimeter. Central air, electric heating, public water, and public sewer are in place. The property is zoned Com and includes a parking lot with 8–10 spaces.
The site fronts E Ponce de Leon Avenue at Montreal Road in Clarkston, with exposure from both streets. Its location is on the main thoroughfare through Clarkston and provides access to I-285. The existing configuration is identified for restaurant, medical, professional office, accounting, bookstore, specialty market, salon, and daycare uses, with room for additional build-out.
The site fronts E Ponce de Leon Avenue at Montreal Road in Clarkston, with exposure from both streets. Its location is on the main thoroughfare through Clarkston and provides access to I-285. The existing configuration is identified for restaurant, medical, professional office, accounting, bookstore, specialty market, salon, and daycare uses, with room for additional build-out.
Key Highlights
- 3,200 SF freestanding building on a 0.3076‑acre corner lot
- 40x80 building with 12' ceilings and an open interior layout
- 8‑10 on‑site parking spaces with fenced perimeter
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
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 - Open interior layout with on-site parking, restroom facilities, and public water and sewer service.
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 building on a 0.3076‑acre corner lot; 40x80 building with 12' ceilings and an open interior layout; 8‑10 on‑site parking spaces with fenced perimeter
