Downtown Storefront
For Sale
$650,000
4292 Railroad Ave, Tucker, GA 30084
Street-facing commercial space in Tucker’s downtown district with DT-3 Village Zone designation and access to established amenities.
Property Size2,240 SF
Price / SF$290.18
Days on Market40
Property Features for 4292 Railroad Ave
General Information
Standard status
Active
Size
2,240 SF
Zoning
DT-3 Village Zone
Additional Details
Highway Access
Yes
Building Details
Year Built
1957
Buildings
1
Listing Agency:
Virtual Properties Realty.com
(404) 844-3603
Listed By:
Saurabh Aggarwal · License #445073
Source:
Eternorealtygroup
Added: Jul 21
Changed: Aug 28
Last Checked: Aug 29 at 12:03PM
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 Virtual Properties Realty.com
Investment Insights
Based on property information with market context.
This storefront property contains 2,240 square feet of commercial space in a building constructed in 1957. The asset offers direct street frontage, customer access, and visibility along Railroad Avenue. Its configuration supports a range of commercial applications, subject to local approvals.
The property is located in Downtown Tucker at 4292 Railroad Ave, within the DT-3 Village Zone, identified as a downtown mixed-use district. I-285 and Hwy 78 provide access to the surrounding transportation network, while restaurants, shops, and other downtown amenities are within walking distance. The setting places the building among existing local businesses and ongoing downtown redevelopment.
The property is located in Downtown Tucker at 4292 Railroad Ave, within the DT-3 Village Zone, identified as a downtown mixed-use district. I-285 and Hwy 78 provide access to the surrounding transportation network, while restaurants, shops, and other downtown amenities are within walking distance. The setting places the building among existing local businesses and ongoing downtown redevelopment.
Key Highlights
- 2,240 SF commercial building on Railroad Avenue
- DT‑3 Village Zone, identified as a Downtown Mixed‑Use District
- Constructed in 1957
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
$31,506
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
4.85%
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%
$630,120
$630.1K
Cap Rate 7%
$450,086
$450.1K
Cap Rate 9%
$350,067
$350.1K
Market Conditions
NOI Build-Up for 2,240 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
$49.2K $21.96/SF
− Vacancy
−$4.2K −$1.87/SF
EGI
$45.0K $20.09/SF
− OpEx
−$13.5K −$6.03/SF
NOI
$31.5K $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%
$630,120
Cap Rate 7%
$450,086
Cap Rate 9%
$350,067
Alternative Uses
Best Use
Retail
$450.1K
$393.8K – $525.1K
NOI $31,506 @ 7.0% cap · market cap 4.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$626.2K
$547.9K – $730.5K
NOI $43,832 @ 7.0% cap · market cap 6.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,853
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 30084, GA
41,654
Population
15,950
Households
2.6
Avg Household Size
38
Median Age
42%
College-Educated
87%
High-School Grad
14.9 sq mi
ZIP Area
2,796
Density / Sq Mi
$82,747
Median Household Income
$42,528
Median Earnings
$1,617
Median Rent
$332,000
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.
Similar Off Market Nearby
- Tucker Wildflowers — 2249 Idlewood Rd, Tucker, GA 30084
- Kroger Floral — 4357 Lawrenceville Hwy, Tucker, GA 30084
Frequently Asked Questions
What type of property is this?
Storefront property - Street-facing commercial space in Tucker’s downtown district with DT-3 Village Zone designation and access to established amenities.
Where is this storefront property located?
The property is located at 4292 Railroad Ave Tucker, GA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 2,240 SF commercial building on Railroad Avenue; DT‑3 Village Zone, identified as a Downtown Mixed‑Use District; Constructed in 1957
