Retail Space with Adjoining
For Sale
$825,000
5646 Price Rd, Gainesville, GA 30506
Commercial building with road frontage and an adjoining parcel included in the sale.
Property Size3,060 SF
Price / SF$269.61
Days on Market86
Property Features for 5646 Price Rd
General Information
Standard status
Active
Size
3,060 SF
Additional Details
Road Access
Yes
Land Use
commercial
Building Details
Year Built
1970
Listing Agency:
Atlanta Communities
Listed By:
DAVID MILLER · License #340692
(404) 931-7529
Source:
Shortsaleatlanta
Added: Jul 20
Changed: Oct 9
Last Checked: Oct 7 at 1:38PM
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 Atlanta Communities
Investment Insights
Based on property information with market context.
Built in 1970, this Gainesville retail property contains 3,060 square feet and includes an adjoining 1.423-acre lot. The commercial asset offers road frontage and is offered for sale as a combined property.
Located at 5646 Price Rd in Gainesville, Georgia, the property is near Lake Lanier, Dawsonville, and The North Georgia Premium Outlets, providing established regional context for the site.
Located at 5646 Price Rd in Gainesville, Georgia, the property is near Lake Lanier, Dawsonville, and The North Georgia Premium Outlets, providing established regional context for the site.
Key Highlights
- 3,060 square feet of retail space
- Adjoining 1.423‑acre lot included
- Road frontage on Price Rd
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,279
Cap Rate
4.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$705,580
$705.6K
Cap Rate 7%
$503,986
$504.0K
Cap Rate 9%
$391,989
$392.0K
Market Conditions
NOI Build-Up for 3,060 SF
Gross rent
$55.1K $18.00/SF
− Vacancy
−$4.7K −$1.53/SF
EGI
$50.4K $16.47/SF
− OpEx
−$15.1K −$4.94/SF
NOI
$35.3K $11.53/SF
Area
Hall County, GA
Vacancy
8.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$705,580
Cap Rate 7%
$503,986
Cap Rate 9%
$391,989
Alternative Uses
Best Use
Retail
$504.0K
$441.0K – $588.0K
NOI $35,279 @ 7.0% cap · market cap 4.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$857.0K
$749.8K – $999.8K
NOI $59,987 @ 7.0% cap · market cap 7.27%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
21
Businesses Nearby
Explore this area
Business Placement
Demographics for 30506, GA
45,215
Population
18,876
Households
2.4
Avg Household Size
43
Median Age
38%
College-Educated
91%
High-School Grad
100.5 sq mi
ZIP Area
450
Density / Sq Mi
$95,224
Median Household Income
$44,824
Median Earnings
$1,323
Median Rent
$363,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Commercial building with road frontage and an adjoining parcel included in the sale.
Where is this retail space located?
The property is located at 5646 Price Rd Gainesville, GA.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: 3,060 square feet of retail space; Adjoining 1.423‑acre lot included; Road frontage on Price Rd
