Mixed-Use Property with
For Sale
$439,900
4503 AND 4507 Allen Street, Oakwood, GA 30566
The site includes a separate residence described as needing renovation.
Property Size1,600 SF
Price / SF$274.94
Days on Market160
Property Features for 4503 AND 4507 Allen Street
General Information
Standard status
Active
Size
1,600 SF
Property subtype
Commercial
Zoning
R-1
Property Condition
Severity
Repairs Needed
Evidence
primed for renovation
Additional Details
Highway Access
Yes
Automotive Uses
towing
Real Estate Included
Yes
Taxes and HOA fees
Annual Taxes
$1,215
Building Details
Building Size
1,600 SF
Year Built
1979
Buildings
2
Listed By:
Debbie Conner Smith
(770) 464-0897
Source:
Connersmithrealty
Added: May 20
Changed: Oct 25
Last Checked: Oct 26 at 3:50AM
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 Debbie Conner Smith
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Investment Insights
Based on property information with market context.
This Oakwood property combines a shop and office building with a residential home. The home is in need of renovation, and zoning is R-1. The recorded year built is 1979.
The property is 1.5 miles from I-985 and is located on Allen Street. The former business on site was a towing and wrecker service; no wreckers are included in the sale.
The property is 1.5 miles from I-985 and is located on Allen Street. The former business on site was a towing and wrecker service; no wreckers are included in the sale.
Key Highlights
- Shop and office building with a residential home on site
- R‑1 zoning
- 1.5 miles from I‑985
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,446
Cap Rate
4.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$368,920
$368.9K
Cap Rate 7%
$263,514
$263.5K
Cap Rate 9%
$204,956
$205.0K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$28.8K $18.00/SF
− Vacancy
−$2.4K −$1.53/SF
EGI
$26.4K $16.47/SF
− OpEx
−$7.9K −$4.94/SF
NOI
$18.4K $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%
$368,920
Cap Rate 7%
$263,514
Cap Rate 9%
$204,956
Alternative Uses
Best Use
Retail
$263.5K
$230.6K – $307.4K
NOI $18,446 @ 7.0% cap · market cap 4.19%
Second Best
Mixed Use
$235.3K
$205.9K – $274.5K
NOI $16,470 @ 7.0% cap · market cap 3.74%
Theoretical Best
Office A
$448.1K
$392.1K – $522.8K
NOI $31,366 @ 7.0% cap · market cap 7.13%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
256
Businesses Nearby
98k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 100%
Sam's Club
Superstores
98,415 visits/mo
0.5 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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The site includes a separate residence described as needing renovation.
Where is this mixed-use property located?
The property is located at 4503 AND 4507 Allen Street Oakwood, GA.
What is the asking price?
The asking price for this property is $439,900.
What are key features of this property?
This property features: Shop and office building with a residential home on site; R‑1 zoning; 1.5 miles from I‑985
