Highway Frontage Commercial
For Sale
Contact for pricing
5531 MACON HWY, Bishop, GA 30621
Commercial property with highway frontage, showroom, and storage.
Property Size2,100 SF
Price / SF$376.19
Days on Market70
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 Agency:
Coldwell Banker Commercial Upchurch Realty
Listed By:
Katie Reeves · License #GA
Source:
Crexi
Added: May 22
Changed: Jul 10
Last Checked: Jul 29 at 12:17PM
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.
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
NOI $23,735 @ 7.0% cap · market cap 3.00%
Second Best
Warehouse
$220.2K
$192.7K – $256.9K
NOI $15,416 @ 7.0% cap · market cap 1.95%
Theoretical Best
Office A
$506.2K
$443.0K – $590.6K
NOI $35,437 @ 7.0% cap · market cap 4.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
81
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30621, GA
6,352
Population
2,226
Households
2.9
Avg Household Size
40
Median Age
47%
College-Educated
94%
High-School Grad
45.4 sq mi
ZIP Area
140
Density / Sq Mi
$119,167
Median Household Income
$55,888
Median Earnings
$1,128
Median Rent
$420,600
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
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.
