Mixed-Use Property with
For Sale
$439,900
4503 AND 4507 Allen Street, Oakwood, GA 30566
Commercial Sale, Oakwood, GA
Property Size1,600 SF
Lot Size0.81 Acres
Price / SF$274.94
Days on Market143
Property Features for 4503 AND 4507 Allen Street
General Information
Property type
Commercial Sale
Property subtype
Other
Lot features
Level
Directions
From Exit 16, I-985, Head northwest on Hwy 53 W 0.3 mi Turn left onto Thurmon Tanner Pkwy 0.4 mi Turn right onto Oakwood Rd 0.4 mi Turn left onto Main St 446 ft Turn right onto Academy St 443 ft Turn left onto Allen St 0.1 mi Turn left Destination will be on the left
Standard status
Active
APN
08051 001001
Size
1,600 SF
Lot size
0.81 Acres
Taxes and HOA fees
Tax Year
24
Tax Annual Amount
1215
Utilities
Utilities
Water Available
Sewer type
Septic Tank
Water source
Public
Building Details
Year built
1979
Listing Agency:
Norton Commercial Acreage Group
(770) 297-4800
Listed By:
Sheri C Millwood · License #179562
(770) 519-8300
Added: May 18
Changed: Aug 19
Last Checked: Oct 7 at 6:06PM
MLS# 10768143
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 mixed-use property includes a 1,600-square-foot shop and office building along with a separate residential home requiring renovation. The site previously supported a towing and wrecker service, and the existing improvements may accommodate continued or revised commercial use as permitted by the City of Oakwood.
The 0.81-acre property is located in Oakwood, Georgia, approximately 1.5 miles from I-985. Built in 1979, the property has public water available, a public water source, and a septic tank. No wreckers are included with the sale.
The 0.81-acre property is located in Oakwood, Georgia, approximately 1.5 miles from I-985. Built in 1979, the property has public water available, a public water source, and a septic tank. No wreckers are included with the sale.
Key Highlights
- 0.81‑acre mixed‑use property in Oakwood, GA
- 1,600‑square‑foot shop and office building
- Separate residential home requiring renovation
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.
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
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?
Mixed-use property - Includes a shop and office building, plus a separate residence requiring 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: 0.81‑acre mixed‑use property in Oakwood, GA; 1,600‑square‑foot shop and office building; Separate residential home requiring renovation
