Renovated Storefront
For Sale
$675,000
4405 Rockbridge Road, Stone Mountain, GA 30083
Commercial Sale, Stone Mountain, GA
Property Size3,442 SF
Lot Size0.55 Acres
Price / SF$196.11
Days on Market10
Property Features for 4405 Rockbridge Road
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Parking Lot
Lot features
Level
Directions
Please use GPS. Form downtown Atlanta: I-285 to Memorial Drive, right on Rockbridge Road.
Standard status
Active
APN
18 041 03 006
Size
3,442 SF
Lot size
0.55 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
4353
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
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
Building Details
Year built
1940
Building materials
Aluminum Siding, Brick, Vinyl Siding
Listing Agency:
Keller Williams Realty PeachtreeRoad
(404) 419-3500
Listed By:
Hattie Best
(770) 873-6725
Added: Sep 14
Changed: Sep 22
Last Checked: Sep 23 at 5:06AM
MLS# 10850488
Copyright © 2026 Georgia Multiple Listing Service. 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 renovated storefront property contains 3,442 square feet on approximately 0.551 acres. The building offers a front lobby, 7 suites, 3 full bathrooms, a full kitchen, storage areas, and a full unfinished basement with a separate exit. Central air conditioning, tenant-controlled HVAC, signage opportunities, and a parking lot support a range of service and retail configurations. The property was built in 1940 and has an established history of commercial use, including retail, hair salon, and personal care operations.
Located on Rockbridge Road in unincorporated DeKalb County, the site provides approximately 120 feet of road frontage. NS—Neighborhood Shopping zoning establishes a commercial framework for surrounding-neighborhood retail and service uses, subject to applicable zoning, permitting, parking, signage, and approval requirements.
Located on Rockbridge Road in unincorporated DeKalb County, the site provides approximately 120 feet of road frontage. NS—Neighborhood Shopping zoning establishes a commercial framework for surrounding-neighborhood retail and service uses, subject to applicable zoning, permitting, parking, signage, and approval requirements.
Key Highlights
- 3,442‑square‑foot commercial building on approximately 0.551 acres
- Approximately 120 feet of Rockbridge Road frontage
- NS—Neighborhood Shopping zoning in unincorporated DeKalb County
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
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 - Flexible commercial layout with multiple suites, customer-facing areas, parking, and 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: 3,442‑square‑foot commercial building on approximately 0.551 acres; Approximately 120 feet of Rockbridge Road frontage; NS—Neighborhood Shopping zoning in unincorporated DeKalb County
