Retail Building with Customer
For Sale
$450,000
6720 S Sweetwater Road, Lithia Springs, GA 30122
Commercial Sale, Lithia Springs, GA
Property Size2,374 SF
Lot Size1.01 Acres
Price / SF$189.55
Days on Market142
Property Features for 6720 S Sweetwater Road
General Information
Property type
Commercial Sale
Property subtype
Office
Parking
10
Parking features
Parking Lot
Lot features
City Lot
Directions
approx 1000 ft south of the intersection of Veterans Memorial Hwy and South Sweetwater rd.
Standard status
Active
APN
03651820008
Size
2,374 SF
Lot size
1.01 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3957
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air, Window Unit(s)
Building Details
Year built
1910
Flooring type
Carpet
Building materials
Wood Siding
Roof type
Composition
Listing Agency:
eXp Realty
(888) 959-9461
Listed By:
Andre Cichon
(770) 912-0589
Added: Apr 1
Changed: Aug 19
Last Checked: Aug 20 at 3:06PM
MLS# 10723978
Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Retail space at 6720 S Sweetwater Road in Lithia Springs, GA operating as a gift and antique store. The C-H zoned building is 2,374 square feet on a 1.01 acre lot and was built in 1910. The property includes a parking lot with 10 spaces for customers and staff, and it has cable available. Interior finishes include carpet flooring, with central heating plus window unit(s) and central air for cooling. The roof is composition, and exterior materials include wood siding.
Zoning and visibility support a wide range of uses, with C-H zoning allowing for 290 permitted business types. The site is located one block from Veterans Memorial Hwy, with strong visibility and easy access.
An additional adjacent lot is listed for sale separately: 6704 Sweetwater Rd, a level .59 acre unimproved lot zoned C-G. The 6720 S Sweetwater Rd site is described as offering expansion potential alongside this neighboring parcel.
Zoning and visibility support a wide range of uses, with C-H zoning allowing for 290 permitted business types. The site is located one block from Veterans Memorial Hwy, with strong visibility and easy access.
An additional adjacent lot is listed for sale separately: 6704 Sweetwater Rd, a level .59 acre unimproved lot zoned C-G. The 6720 S Sweetwater Rd site is described as offering expansion potential alongside this neighboring parcel.
Key Highlights
- C‑H zoning with 290 permitted business types
- 2,374 SF retail building operating as a gift and antique store
- 1.01 acre lot with expansion potential
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$33,391
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.42%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$667,820
$667.8K
Cap Rate 7%
$477,014
$477.0K
Cap Rate 9%
$371,011
$371.0K
Market Conditions
NOI Build-Up for 2,374 SF
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.
Gross rent
$52.1K $21.96/SF
− Vacancy
−$4.4K −$1.87/SF
EGI
$47.7K $20.09/SF
− OpEx
−$14.3K −$6.03/SF
NOI
$33.4K $14.07/SF
Area
Douglas County, GA
Vacancy
8.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$667,820
Cap Rate 7%
$477,014
Cap Rate 9%
$371,011
Alternative Uses
Best Use
Retail
$477.0K
$417.4K – $556.5K
NOI $33,391 @ 7.0% cap · market cap 7.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$663.6K
$580.7K – $774.2K
NOI $46,454 @ 7.0% cap · market cap 10.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
274
Businesses Nearby
25k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 88%
Dining 12%
Dollar General
Shops & Services
6,822 visits/mo
0.2 miles
Texaco
Shops & Services
5,954 visits/mo
0.4 miles
Family Dollar
Shops & Services
5,859 visits/mo
0.3 miles
Regions Bank
Shops & Services
3,308 visits/mo
0.3 miles
Pizza Hut
Dining
2,985 visits/mo
0.4 miles
Demographics for 30122, GA
24,044
Population
11,679
Households
2.1
Avg Household Size
36
Median Age
33%
College-Educated
89%
High-School Grad
24.7 sq mi
ZIP Area
973
Density / Sq Mi
$64,072
Median Household Income
$41,835
Median Earnings
$1,496
Median Rent
$225,000
Median Home Value
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 - C-H zoned retail building operating as a gift and antique store, with a 10-space customer parking lot and cable available.
Where is this retail space located?
The property is located at 6720 S Sweetwater Road Lithia Springs, 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: C‑H zoning with 290 permitted business types; 2,374 SF retail building operating as a gift and antique store; 1.01 acre lot with expansion potential
