Flex Space with Office and
For Sale
Contact for pricing
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
(478) 262-5859
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.
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
NOI $27,427 @ 7.0% cap · market cap 6.09%
Second Best
Office B
$373.0K
$326.4K – $435.2K
NOI $26,113 @ 7.0% cap · market cap 5.80%
Theoretical Best
Office A
$545.1K
$477.0K – $636.0K
NOI $38,157 @ 7.0% cap · market cap 8.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
137
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
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