Union City Retail Investment
5037 Union St, Union City, GA 30291
For Sale
Contact for pricing
Recently renovated retail property in rapidly growing Union City area.
Property Size1,300 SF
Price / SF$165.38
Days on Market264
Property Features for 5037 Union St
General Information
Standard status
Size
Class
Property subtype
Zoning
Occupancy
Lease Type
Investment Type
Net Operating Income
Building Details
Year Built
Year Renovated
Buildings
Stories
Tenancy
Listing Agency:
DTSpade
Listed By:
Cordera Mitchell · License GA #392060
(404) 585-0558
Source:
Crexi
Added: Feb 19
Changed: Nov 6
Last Checked: Nov 8 at 7:45AM
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 DTSpade
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This recently renovated retail property is located in downtown Union City, next to City Hall and approximately 10 minutes from the airport. Situated on a strip near a park and a few minutes from a Wal-Mart, the property benefits from a location within a rapidly growing area. The surrounding area has a population exceeding 100,000 within a 5-mile radius and over 350,000 within a 10-mile radius. The property is suitable for passive investment. The property size is 1300 square feet.
Key Highlights
- High population density with over 100,000 residents within 5 miles indicating strong market potential.
- Located in a rapidly growing area.
- Reliable long‑lasting tenant in place.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,686
Cap Rate
7.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$333,720
$333.7K
Cap Rate 7%
$238,371
$238.4K
Cap Rate 9%
$185,400
$185.4K
Market Conditions
NOI Build-Up for 1,300 SF
Gross rent
$25.0K $19.20/SF
− Vacancy
−$1.1K −$0.86/SF
EGI
$23.8K $18.34/SF
− OpEx
−$7.2K −$5.50/SF
NOI
$16.7K $12.84/SF
Area
Fulton County, GA
Vacancy
4.50%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$333,720
Cap Rate 7%
$238,371
Cap Rate 9%
$185,400
Alternative Uses
Best Use
Retail
$238.4K
$208.6K – $278.1K
NOI $16,686 @ 7.0% cap · market cap 7.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$363.4K
$318.0K – $424.0K
NOI $25,438 @ 7.0% cap · market cap 11.83%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
405
Businesses Nearby
12k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
6,874 visits/mo
0.4 miles
AutoZone
Shops & Services
4,646 visits/mo
0.4 miles
Demographics for 30291, GA
25,339
Population
11,434
Households
2.2
Avg Household Size
34
Median Age
27%
College-Educated
88%
High-School Grad
10.8 sq mi
ZIP Area
2,346
Density / Sq Mi
$46,208
Median Household Income
$40,246
Median Earnings
$1,237
Median Rent
$190,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Retail space in Fulton County, GA
Properties on Market for Retail space in Fulton County
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - Recently renovated retail property in rapidly growing Union City area.
Where is this retail space located?
The property is located at 5037 Union St Union City, GA.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: High population density with over 100,000 residents within 5 miles indicating strong market potential.; Located in a rapidly growing area.; Reliable long‑lasting tenant in place.
