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Flex Space with Office and Retail
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5262 BOULDERCREST RD, Ellenwood, GA 30294

Flex space with office, retail, and special-purpose use options, built in 1960.

Property Size1,950 SF
Price / SF$230.77
Days on Market8

Property Features for 5262 BOULDERCREST RD

General Information

Standard status Active
Size 1,950 SF
Property subtype Retail, Industrial, Special Purpose

Building Details

Year Built 1960
Listing Agency: Michael Bailey Commercial Realty
Listed By: Michael Bailey · License #GA H79944
Source: Crexi
Added: Jul 23 Changed: Jul 30 Last Checked: Jul 30 at 10:48AM

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 Michael Bailey Commercial Realty

Investment Insights

Based on property information with market context.

This flex space property is configured for mixed use, with office, retail, and special-purpose space options. The building includes 1,950 SF of total space and was built in 1960.

Located at 5262 Bouldercrest Rd in Ellenwood, GA, the property’s design supports a tenant mix that can combine office and storefront-style space within the same facility. Its flex format can also accommodate special-purpose needs depending on the operational requirements.

For tenants seeking a compact footprint that can serve office and retail functions from one address, this property’s overall configuration and 1,950 SF size make it a practical option to evaluate.

Key Highlights

  • Mixed‑use flex space with office, retail, and special‑purpose use options
  • 1,950 SF total space
  • Built in 1960

Financial Insights For Retail

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 $42.8k $21.96
− Vacancy −$3.6k −$1.87
EGI $39.2k $20.09
− OpEx −$11.8k −$6.03
NOI $27.4k $14.07
1,950 SF · lease $21.96/SF/yr · vacancy 8.50% · expense 30.00%

Alternative Uses

Best Use
Retail
$391.8K
$342.8K – $457.1K (±1% cap)
NOI $27,427 @ 7.0% cap · market cap 6.09%
Second Best
Office B
$373.0K
$326.4K – $435.2K (±1% cap)
NOI $26,113 @ 7.0% cap · market cap 5.80%
Theoretical Best
Office A
$545.1K
$477.0K – $636.0K (±1% cap)
NOI $38,157 @ 7.0% cap · market cap 8.48%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Hair Salon Parking Lot & Garage Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

137
Businesses Nearby
Balanced
Demand for This Use

Demographics for 30294, GA

43,552
Population
16,191
Households
2.7
Avg Household Size
39
Median Age
27%
College-Educated
90%
High-School Grad
32.7 sq mi
ZIP Area
1,332
Density / Sq Mi
$76,731
Median Household Income
$44,075
Median Earnings
$1,622
Median Rent
$233,300
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Flex space with office, retail, and special-purpose use options, built in 1960.
Where is this flex space located?
The property is located at 5262 BOULDERCREST RD Ellenwood, GA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Mixed‑use flex space with office, retail, and special‑purpose use options; 1,950 SF total space; Built in 1960
(478) 262-5859 Call to check price and availability
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