Renovated Storefront
New
For Sale
$675,000
4405 Rockbridge Road, Stone Mountain, GA 30083
Flexible commercial layout with suites, kitchen, basement storage, parking, and NS Neighborhood Shopping zoning.
Property Size1,940 SF
Lot Size0.55 Acres
Price / SF$196.11
Days on Market5
Property Features for 4405 Rockbridge Road
General Information
Standard status
Active
Size
1,940 SF
Lot size
0.55 Acres
Property subtype
Other
Zoning
NS
Amenities
front lobby area
7 suites
3 full bathrooms
full kitchen
full unfinished basement with separate exit
ample storage
air conditioning
tenant-controlled HVAC
signage opportunities
on-site parking
0.551 acres, Level
Public Sewer
Annual Amount: $4,353, Year: 2025
Central Air
Central
Cumulative Days on Market: 3, 3 days on market, On Market Date: 2026-09-21
Parking Lot, Paved
Built in 1940, Aluminum Siding, Brick, Vinyl Siding
County: DeKalb
Resale
Cable Available, Electricity Available, Phone Available, Water Available, Public
Close Of Escrow
Building Details
Building Size
1,940 SF
Year Built
1940
Buildings
1
Tenancy
Multi
Listing Agency:
Keller Williams Realty PeachtreeRoad
(404) 419-3500
Listed By:
Hattie Best
(770) 873-6725
Source:
Blackstreaminternational
Added: Sep 21
Changed: Sep 24
Last Checked: Sep 24 at 9:02AM
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 Keller Williams Realty PeachtreeRoad
Investment Insights
Based on property information with market context.
This renovated storefront property includes a front lobby, 7 suites, 3 full bathrooms, a full kitchen, and a full unfinished basement with a separate exit. The building also provides storage, air conditioning, tenant-controlled HVAC, signage opportunities, and on-site parking. Its prior service-oriented operations included a hair salon and personal care home, offering a documented foundation for continued retail or service use, subject to zoning and permitting requirements.
The property occupies approximately 0.55 acres along Rockbridge Road in unincorporated DeKalb County, with approximately 120 feet of road frontage. The commercial building dates to 1940 and is zoned NS - Neighborhood Shopping. Zoning, permitted uses, parking requirements, signage, and required approvals should be independently verified with DeKalb County.
The property occupies approximately 0.55 acres along Rockbridge Road in unincorporated DeKalb County, with approximately 120 feet of road frontage. The commercial building dates to 1940 and is zoned NS - Neighborhood Shopping. Zoning, permitted uses, parking requirements, signage, and required approvals should be independently verified with DeKalb County.
Key Highlights
- Approximately 0.55‑acre commercial property
- Approximately 120 feet of frontage along Rockbridge Road
- 7 suites with 3 full bathrooms and a full kitchen
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
$48,413
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
7.17%
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%
$968,260
$968.3K
Cap Rate 7%
$691,614
$691.6K
Cap Rate 9%
$537,922
$537.9K
Market Conditions
NOI Build-Up for 3,442 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
$75.6K $21.96/SF
− Vacancy
−$6.4K −$1.87/SF
EGI
$69.2K $20.09/SF
− OpEx
−$20.7K −$6.03/SF
NOI
$48.4K $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%
$968,260
Cap Rate 7%
$691,614
Cap Rate 9%
$537,922
Alternative Uses
Best Use
Retail
$691.6K
$605.2K – $806.9K
NOI $48,413 @ 7.0% cap · market cap 7.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$962.2K
$841.9K – $1.12M
NOI $67,352 @ 7.0% cap · market cap 9.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
270
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30083, GA
58,064
Population
24,282
Households
2.4
Avg Household Size
35
Median Age
25%
College-Educated
85%
High-School Grad
17.9 sq mi
ZIP Area
3,244
Density / Sq Mi
$54,162
Median Household Income
$33,586
Median Earnings
$1,356
Median Rent
$221,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Storefront property - Flexible commercial layout with suites, kitchen, basement storage, parking, and NS Neighborhood Shopping zoning.
Where is this storefront property located?
The property is located at 4405 Rockbridge Road Stone Mountain, GA.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Approximately 0.55‑acre commercial property; Approximately 120 feet of frontage along Rockbridge Road; 7 suites with 3 full bathrooms and a full kitchen
