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Highway Frontage Commercial Property

5531 MACON HWY Bishop, GA 30621

5531 MACON HWY, Bishop, GA, 30621
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Commercial property with highway frontage, showroom, and storage.

Property Size2,100 SF
Price / SF$376.19
AddedMay 22
Days on Market56
Last RefreshJul 16 at 8:22 am

Property Features for 5531 MACON HWY

General Information

Standard status
Active
Size
2,100 SF
Property subtype
Retail, Industrial, Land

Building Details

Year Built
2015

Listing office Coldwell Banker Commercial Upchurch Realty

Listing date May 22, 2026

Source Crexi

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 Coldwell Banker Commercial Upchurch Realty


Investment Insights

Based on property information with market context.

Located on Highway 441 between Watkinsville and Bishop, this commercial property features approximately 330 feet of road frontage with a traffic count of approximately 14,700 cars per day. The property includes two driveway access points. The main building offers a large, open-span area of 2,100 square feet, with a showroom area of approximately 1,975 square feet. An offset area to the rear contains a restroom and a storage closet, totaling approximately 125 square feet. Additionally, there is a poured pad of approximately 1,172 square feet with a poured ramp planned for future expansion. The property also includes a 531-square-foot covered storage area and a 206-square-foot shed attachment. Behind the main building is a secondary block building of 1,170 square feet.

Key Highlights

  • High traffic location: Approximately 330 feet of road frontage on Highway 441 with approximately 14,700 cars per day.
  • Large, open main building: 2,100 SF with a +/- 1975 SF showroom area.
  • Secondary block building: Additional 1170 SF building located behind the main structure.

Local 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 $37.8k $18.00
− Vacancy −$3.9k −$1.85
EGI $33.9k $16.15
− OpEx −$10.2k −$4.84
NOI $23.7k $11.30
2,100 SF · lease $18.00/SF/yr · vacancy 10.30% · expense 30.00%

Alternative Uses

Best Use
Retail
$339.1K
$296.7K – $395.6K (±1% cap)
NOI $23,735 @ 7.0% cap · market cap 3.00%
Second Best
Warehouse
$220.2K
$192.7K – $256.9K (±1% cap)
NOI $15,416 @ 7.0% cap · market cap 1.95%
Theoretical Best
Office A
$506.2K
$443.0K – $590.6K (±1% cap)
NOI $35,437 @ 7.0% cap · market cap 4.49%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Reed's Odds & Ends Home Decor Store

Suggested Use

Building Supply Electrical Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Hair Salon Restaurant Veterinary Clinic Grocery & Convenience Store Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Showroom - Commercial property with highway frontage, showroom, and storage.
Where is this showroom located?
The property is located at 5531 MACON HWY Bishop, GA.
What is the asking price?
The asking price for this property is $790,000.
What are key features of this property?
This property features: High traffic location: Approximately 330 feet of road frontage on Highway 441 with approximately 14,700 cars per day.; Large, open main building: **2,100 SF with a +/- 1975 SF showroom area.**; Secondary block building: Additional 1170 SF building located behind the main structure.
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