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Multi-Room Retail Space
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4405 Mundy Mill Road, Oakwood, GA 30566

Flexible interior with private rooms, open workspace, and a reception area for service-oriented commercial uses.

Property Size1,971 SF
Price / SF$1.84
Days on Market50

Property Features for 4405 Mundy Mill Road

General Information

Standard status Active
Size 1,971 SF
Property subtype Commercial

Amenities

0.69 acres, City Lot, Corner Lot, Level
Septic Tank
Parcel Number: 08041 001095
Central Air, Electric
Central, Electric
Listing ID: 10846293, Standard Status: Active, MLS Status: Active, On market as of 2026-09-15, 46 days on market
Parking Lot, Paved
Built in 1971, Construction Materials: Brick
County/Parish: Hall
Updated/Remodeled
Electricity Available, High Speed Internet, Water Available, Water Source: Public

Building Details

Building Size 1,971 SF
Year Built 1971
Listing Agency: Sunshine Brokers, Inc.
Listed By: Janeth Ochoa · License #256018
Source: Blackstreaminternational
Added: Sep 15 Changed: Nov 1 Last Checked: Nov 1 at 6:02AM

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 Sunshine Brokers, Inc.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 1,900 SF retail space offers a combination of private rooms, open workspace, and a reception area. The interior was previously configured as a hair salon and can accommodate service businesses, wellness or spa operations, medical or therapy practices, consulting, boutique retail, or professional office use.

The property is located at 4405 Mundy Mill Road in Oakwood, Georgia, within Hall County. Built in 1971, it provides an established commercial setting along Mundy Mill Road with direct access from the corridor.

Key Highlights

  • 1,900 SF retail space
  • Multiple private rooms, open workspace, and reception area
  • Previously configured as a hair salon

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,905
Suggested Prices Based on Cap Rates
Cap Rate 5%
$438,100 $438.1K
Cap Rate 7%
$312,929 $312.9K
Cap Rate 9%
$243,389 $243.4K
Market Conditions
NOI Build-Up for 1,900 SF
Gross rent
$34.2K $18.00/SF
− Vacancy
−$2.9K −$1.53/SF
EGI
$31.3K $16.47/SF
− OpEx
−$9.4K −$4.94/SF
NOI
$21.9K $11.53/SF
Area
Hall County, GA
Vacancy
8.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$438,100
Cap Rate 7%
$312,929
Cap Rate 9%
$243,389

Alternative Uses

Best Use
Retail
$312.9K
$273.8K – $365.1K (±1% cap)
NOI $21,905 @ 7.0% cap · market cap 625.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$532.1K
$465.6K – $620.8K (±1% cap)
NOI $37,247 @ 7.0% cap · market cap 1,064.20%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Carmen's Salon and Suites Hair Salon

Suggested Use

Top Pick Law Firm Restaurant Real Estate Agency Big Box & Wholesale Store Auto Parts Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

252
Businesses Nearby
4k
Monthly Visits Nearby

Foot Traffic Nearby

Home Improvements & Furnishings 73% Shops & Services 27%
Howard Brothers True Value Hardware and Power Equipment Home Improvements & Furnishings
3,246 visits/mo 0.3 miles
U-Haul Moving & Storage of Oakwood Shops & Services
1,188 visits/mo 0.1 miles

Demographics for 30566, GA

8,660
Population
3,827
Households
2.3
Avg Household Size
36
Median Age
23%
College-Educated
78%
High-School Grad
8.0 sq mi
ZIP Area
1,083
Density / Sq Mi
$61,524
Median Household Income
$37,456
Median Earnings
$1,240
Median Rent
$267,000
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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Flexible interior with private rooms, open workspace, and a reception area for service-oriented commercial uses.
Where is this retail space located?
The property is located at 4405 Mundy Mill Road Oakwood, GA.
What are key features of this property?
This property features: 1,900 SF retail space; Multiple private rooms, open workspace, and reception area; Previously configured as a hair salon
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Includes: Price & PSF · Cap rate · Location · Zoning

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