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Retail Shops and Commercial Land

6004 Highway 42 Rex Rex, GA 30273

6004 Highway 42 Rex, Rex, GA, 30273
$529,000
For Sale
Claim this Listing
$529,000

Retail shops with commercial land available for development.

Property Size1,872 SF
Price / SF$282.59
AddedDec 3, 2025
Days on Market224
Last RefreshApr 9 at 9:00 pm

Property Features for 6004 Highway 42 Rex

General Information

Standard status
Active
Size
1,872 SF
Property subtype
Mixed Use

Building Details

Year Built
1972

Listing office

Listing date Dec 3, 2025

Source Cbcworldwide

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 Adam Shekarabi


Investment Insights

Based on property information with market context.

The property features a strip of retail shops, including a tire shop and a restaurant, along with a billboard. Additionally, there is over one acre of commercial land available for further development of retail or other commercial buildings. The site benefits from access to utilities and sewer services. The property has 231 feet of frontage on GA-42. It is commercially zoned for general business (GB). The property includes 1,872 square feet of retail space and 64,468.8 square feet of land. The property offers ample parking spaces. The property is located at 6004 Highway 42 Rex, Rex, GA 30273. The property could potentially accommodate a gas station with a conditional use permit.

Key Highlights

  • Prime location with 231 feet of frontage on GA‑42.
  • Over 1 acre (64,468.8 sqft) of commercially zoned (GB) land suitable for development.
  • Existing income‑generating strip retail shops including a Tire Shop, Restaurant, and Billboard.

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 $41.1k $21.96
− Vacancy −$3.5k −$1.87
EGI $37.6k $20.09
− OpEx −$11.3k −$6.03
NOI $26.3k $14.07
1,872 SF · lease $21.96/SF/yr · vacancy 8.50% · expense 30.00%

Alternative Uses

Best Use
Retail
$376.1K
$329.1K – $438.8K (±1% cap)
NOI $26,330 @ 7.0% cap · market cap 4.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$523.3K
$457.9K – $610.5K (±1% cap)
NOI $36,631 @ 7.0% cap · market cap 6.92%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Strip malls

Suggested Use

Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Storage Facility Kitchen & Bath Showroom HVAC Service Electrical Service Grocery & Convenience Store Dental Office

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

FAQs

What type of property is this?
Strip mall - Retail shops with commercial land available for development.
Where is this strip mall located?
The property is located at 6004 Highway 42 Rex Rex, GA.
What is the asking price?
The asking price for this property is $529,000.
What are key features of this property?
This property features: Prime location with **231 feet of frontage on GA‑42**.; Over 1 acre (64,468.8 sqft) of commercially zoned (GB) land suitable for development.; Existing income‑generating strip retail shops including a Tire Shop, Restaurant, and Billboard.
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