Mixed-Use Freestanding Office and
For Sale
$1,490,000
Pending
4973 W Broad Street, Sugar Hill, GA 30518
COMMERCIAL - Sugar Hill, GA
Property Size1,508 SF
Lot Size0.53 Acres
Days on Market202
Property Features for 4973 W Broad Street
General Information
Property type
Commercial Sale
Property subtype
Office
Parking
14
Parking features
Parking Lot, On Street, Covered
Lot features
City Lot, Corner Lot, Level, Near Public Transit
Directions
GPS
Standard status
Pending
APN
R7292 068
Size
2,596 SF
Lot size
0.53 Acres
Taxes and HOA fees
Tax Year
24
Tax Annual Amount
4193
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
pedestrian bridge and greenway
Building Details
Year built
1947
Flooring type
Hardwood
Building materials
Block, Brick
Roof type
Composition
Listing Agency:
eXp Realty
(888) 959-9461
Listed By:
John Phillips · License #385161
(678) 316-0638
Added: Jan 21
Changed: Aug 4
Last Checked: Aug 11 at 4:06AM
MLS# 10677156
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.
Mixed-use freestanding property on a single parcel totaling 0.53 acres, featuring a 1,088 SF retail/restaurant space and a 1,508 SF office building, plus a bonus storage structure. Construction materials include block and brick, with hardwood flooring. The buildings are heated and cooled with central heating and central air, and the roof is composition.
The property is located at 4973 W Broad Street in Sugar Hill, GA. Parking is available via a parking lot, on-street parking, and covered parking, with utilities including cable available. Water and sewer are public, and the site is zoned for mixed use (BG003). A new pedestrian bridge and greenway are noted beginning at the parcel.
The combination of retail/restaurant space, office space, and on-site storage supports flexible occupancy and tenant fit within a single campus-style parcel.
The property is located at 4973 W Broad Street in Sugar Hill, GA. Parking is available via a parking lot, on-street parking, and covered parking, with utilities including cable available. Water and sewer are public, and the site is zoned for mixed use (BG003). A new pedestrian bridge and greenway are noted beginning at the parcel.
The combination of retail/restaurant space, office space, and on-site storage supports flexible occupancy and tenant fit within a single campus-style parcel.
Key Highlights
- 0.53‑acre mixed‑use site zoned BG003
- 1,088 SF retail/restaurant space plus 1,508 SF office building
- Bonus storage structure on‑site
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
$41,719
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
2.80%
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%
$834,380
$834.4K
Cap Rate 7%
$595,986
$596.0K
Cap Rate 9%
$463,544
$463.5K
Market Conditions
NOI Build-Up for 2,596 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
$59.8K $23.04/SF
− Vacancy
−$4.2K −$1.61/SF
EGI
$55.6K $21.43/SF
− OpEx
−$13.9K −$5.36/SF
NOI
$41.7K $16.07/SF
Area
Gwinnett County, GA
Vacancy
7.00%
Lease Rate
$23.04 /SF/Yr
Expense Ratio
25.00%
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%
$834,380
Cap Rate 7%
$595,986
Cap Rate 9%
$463,544
Alternative Uses
Best Use
Specialty Retail
$596.0K
$521.5K – $695.3K
NOI $41,719 @ 7.0% cap · market cap 2.80%
Second Best
Office B
$496.6K
$434.5K – $579.4K
NOI $34,763 @ 7.0% cap · market cap 2.33%
Theoretical Best
Office A
$725.7K
$635.0K – $846.6K
NOI $50,798 @ 7.0% cap · market cap 3.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
476
Businesses Nearby
Explore this area
Business Placement
Demographics for 30518, GA
56,149
Population
19,435
Households
2.9
Avg Household Size
36
Median Age
40%
College-Educated
88%
High-School Grad
40.0 sq mi
ZIP Area
1,404
Density / Sq Mi
$97,339
Median Household Income
$46,683
Median Earnings
$1,611
Median Rent
$367,000
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - 0.53-acre mixed-use site with a retail/restaurant space, an office building, and a bonus storage structure.
Where is this office units located?
The property is located at 4973 W Broad Street Sugar Hill, GA.
What is the asking price?
The asking price for this property is $1,490,000.
What are key features of this property?
This property features: 0.53‑acre mixed‑use site zoned BG003; 1,088 SF retail/restaurant space plus 1,508 SF office building; Bonus storage structure on‑site
