C1 Commercial Building with 15
For Sale
$499,999
4520 Glenwood Road, Decatur, GA 30032
SINGLE_FAMILY - Decatur, GA
Property Size3,053 SF
Lot Size0.38 Acres
Price / SF$163.77
Days on Market48
Property Features for 4520 Glenwood Road
General Information
Property type
Residential
Property subtype
Retail
Zoning
C1
Parking
15
Parking features
Parking Lot
Security features
Security Lighting
Window features
Insulated Windows
Interior features
Reception Area, Recessed Lighting, Restrooms
Lot features
Free Standing, Level
Directions
Please use GPS.
Standard status
Active
APN
15 189 07 019
Size
3,053 SF
Lot size
0.38 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
8166
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1981
Floors in Building
1
Flooring type
Laminate, Vinyl
Building materials
Block, Brick
Listing Agency:
Keller Williams Realty Atlanta Partners
(678) 775-2600
Listed By:
Shermine Khakiani · License #371080
(678) 775-2600
Added: Jun 15
Changed: Jul 28
Last Checked: Aug 1 at 7:06AM
MLS# 7788707
Copyright © 2026 First Multiple Listing Service, Inc. 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 completely renovated C1 commercial building offers a versatile footprint totaling 3,053 square feet. The property is suited to a wide range of specialty and neighborhood-oriented businesses, including restaurant, retail, grocery, urgent care, medical, professional office, and other commercial operations. A survey is available.
Located at 4520 Glenwood Road in Decatur, Georgia 30032, the property sits on a 0.3815-acre lot and is configured with 15 parking spaces. The C1 zoning supports commercial uses within the corridor.
For tenants and buyers seeking an adaptable facility, the combination of renovation status and flexible use design makes the building workable for both consumer-facing and service-based concepts. Healthcare operators may benefit from the building’s suitability for urgent care and medical use, while retailers and restaurant operators can plan around an existing commercial layout. With on-site parking already in place, the property is positioned to accommodate customers and staff without requiring off-site reliance. Offers are being considered for this for-sale opportunity.
Located at 4520 Glenwood Road in Decatur, Georgia 30032, the property sits on a 0.3815-acre lot and is configured with 15 parking spaces. The C1 zoning supports commercial uses within the corridor.
For tenants and buyers seeking an adaptable facility, the combination of renovation status and flexible use design makes the building workable for both consumer-facing and service-based concepts. Healthcare operators may benefit from the building’s suitability for urgent care and medical use, while retailers and restaurant operators can plan around an existing commercial layout. With on-site parking already in place, the property is positioned to accommodate customers and staff without requiring off-site reliance. Offers are being considered for this for-sale opportunity.
Key Highlights
- C‑1 commercial property in Decatur’s growth corridor with over 3,000 sq ft of versatile space
- 15 parking spaces in a parking lot
- Block and brick construction with a reception area, restrooms, and recessed lighting
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
Healthcare Medical
$632.4K
$553.3K – $737.8K
NOI $44,265 @ 7.0% cap · market cap 8.85%
Second Best
Retail
$613.5K
$536.8K – $715.7K
NOI $42,942 @ 7.0% cap · market cap 8.59%
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
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 Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Completely renovated C1 building on Glenwood Road, designed for flexible retail, restaurant, and healthcare uses with 15 on-site spaces.
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 in Decatur’s growth corridor with over 3,000 sq ft of versatile space; 15 parking spaces in a parking lot; Block and brick construction with a reception area, restrooms, and recessed lighting
