Renovated Retail and Medical
For Sale
Contact for pricing
4520 Glenwood Road, Decatur, GA 30032
Turnkey C-1 property with 15 parking spaces, renovated for retail, medical, office, or restaurant use.
Property Size3,053 SF
Price / SF$163.77
Days on Market52
Property Features for 4520 Glenwood Road
General Information
Standard status
Active
Size
3,053 SF
Total Parking Spaces
15
Property subtype
Retail
Zoning
C-1
Additional Details
Business Included
Yes
Building Details
Year Built
1981
Listing Agency:
Keller Williams Realty
Listed By:
SHERMINE KHAKIANI · License #371080
Source:
Crexi
Added: Jun 15
Changed: Jul 10
Last Checked: Aug 5 at 7:59AM
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
Investment Insights
Based on property information with market context.
Completely renovated C-1 commercial building offers 3,053 square feet of flexible space designed to accommodate a range of uses. Based on the current configuration and renovations, the property is described as suitable for restaurant, retail, grocery and convenience, urgent care, medical, professional office, and specialty commercial operations. A survey is available, supporting due diligence for buyers or tenants evaluating the site.
Located at 4520 Glenwood Road in Decatur, the property is presented as being in the heart of the city’s growth corridor. The offering highlights excellent accessibility and strong area demographics, and the building includes 15 parking spaces to support customer and staff arrival.
For tenants and buyers seeking a turnkey option in a C-1 setting, this building’s versatility can help align with multiple business types within retail and healthcare/professional services. The combination of recent renovations, on-site parking, and a survey available for review makes it practical for an operator looking to move forward with less upfront site work, while still supporting future use alignment within the stated permitted-use framework.
Located at 4520 Glenwood Road in Decatur, the property is presented as being in the heart of the city’s growth corridor. The offering highlights excellent accessibility and strong area demographics, and the building includes 15 parking spaces to support customer and staff arrival.
For tenants and buyers seeking a turnkey option in a C-1 setting, this building’s versatility can help align with multiple business types within retail and healthcare/professional services. The combination of recent renovations, on-site parking, and a survey available for review makes it practical for an operator looking to move forward with less upfront site work, while still supporting future use alignment within the stated permitted-use framework.
Key Highlights
- C‑1 commercial property built in 1981, completely renovated
- Over 3,000 sq ft versatile building suited for restaurant, retail, grocery, urgent care, medical, and office uses
- 15 parking spaces on‑site
Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $82.4k | $27.00 |
| − Vacancy | −$8.7k | −$2.84 |
| EGI | $73.8k | $24.17 |
| − OpEx | −$29.5k | −$9.67 |
| NOI | $44.3k | $14.50 |
3,053 SF · lease $27.00/SF/yr · vacancy 10.50% · expense 40.00%
Alternative Uses
Best Use
Specialty Retail
$700.9K
$613.3K – $817.7K
NOI $49,063 @ 7.0% cap · market cap 9.81%
Second Best
Healthcare Medical
$632.4K
$553.3K – $737.8K
NOI $44,265 @ 7.0% cap · market cap 8.85%
Theoretical Best
Office A
$853.4K
$746.8K – $995.7K
NOI $59,740 @ 7.0% cap · market cap 11.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
307
Businesses Nearby
Explore this area
Business Placement
Demographics for 30032, GA
44,697
Population
20,676
Households
2.2
Avg Household Size
38
Median Age
30%
College-Educated
91%
High-School Grad
13.6 sq mi
ZIP Area
3,287
Density / Sq Mi
$61,292
Median Household Income
$37,443
Median Earnings
$1,364
Median Rent
$245,000
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Turnkey C-1 property with 15 parking spaces, renovated for retail, medical, office, or restaurant use.
Where is this retail space located?
The property is located at 4520 Glenwood Road Decatur, GA.
What is the asking price?
The asking price for this property is $499,999.
What are key features of this property?
This property features: C‑1 commercial property built in 1981, completely renovated; Over 3,000 sq ft versatile building suited for restaurant, retail, grocery, urgent care, medical, and office uses; 15 parking spaces on‑site
