Freestanding Bank
For Sale
$1,800,000
865 Hampton Rd, McDonough, GA 30253
Former branch facility with highway access, on-site parking, and a substantial commercial site.
Property Size3,591 SF
Lot Size2.67 Acres
Price / SF$501.25
Days on Market233
Property Features for 865 Hampton Rd
General Information
Standard status
Active
Size
3,591 SF
Lot size
2.67 Acres
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Land Use
commercial
Taxes and HOA fees
Annual Taxes
$19,079
Building Details
Buildings
1
Listing Agency:
Chapman Group Realty, Inc.
Listed By:
Douglas Christian
(814) 215-3020
Source:
Exprealty
Added: Jan 9
Changed: Aug 29
Last Checked: Aug 29 at 3:13PM
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 Chapman Group Realty, Inc.
Investment Insights
Based on property information with market context.
This freestanding former bank branch includes 3,591 square feet of building area on a 2.67-acre site. The property offers on-site parking and may support future expansion or an additional building, subject to applicable approvals. Its existing format may suit continued financial-services use or another commercial application requiring a standalone facility.
The property fronts the Hwy 20/81 corridor and benefits from access to I-75. The surrounding commercial setting includes medical, fitness, entertainment, restaurant, retail, and professional office users, with nearby residential communities supporting the broader trade area. Hwy 20/81 is undergoing widening work, and the corridor connects Downtown McDonough with the I-75 retail and employment area.
The property fronts the Hwy 20/81 corridor and benefits from access to I-75. The surrounding commercial setting includes medical, fitness, entertainment, restaurant, retail, and professional office users, with nearby residential communities supporting the broader trade area. Hwy 20/81 is undergoing widening work, and the corridor connects Downtown McDonough with the I-75 retail and employment area.
Key Highlights
- 3,591‑square‑foot former bank branch
- 2.67‑acre commercial site
- Located on the Hwy 20/81 corridor
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
$57,709
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
3.21%
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%
$1,154,180
$1.2M
Cap Rate 7%
$824,414
$824.4K
Cap Rate 9%
$641,211
$641.2K
Market Conditions
NOI Build-Up for 3,591 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
$82.7K $23.04/SF
− Vacancy
−$5.8K −$1.61/SF
EGI
$76.9K $21.43/SF
− OpEx
−$19.2K −$5.36/SF
NOI
$57.7K $16.07/SF
Area
Henry County, GA
Vacancy
7.00%
Lease Rate
$23.04 /SF/Yr
Expense Ratio
25.00%
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%
$1,154,180
Cap Rate 7%
$824,414
Cap Rate 9%
$641,211
Alternative Uses
Best Use
Specialty Retail
$824.4K
$721.4K – $961.8K
NOI $57,709 @ 7.0% cap · market cap 3.21%
Second Best
Retail
$721.6K
$631.4K – $841.8K
NOI $50,509 @ 7.0% cap · market cap 2.81%
Theoretical Best
Office A
$1.00M
$878.4K – $1.17M
NOI $70,268 @ 7.0% cap · market cap 3.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
807
Businesses Nearby
Explore this area
Business Placement
Demographics for 30253, GA
62,025
Population
22,889
Households
2.7
Avg Household Size
36
Median Age
30%
College-Educated
93%
High-School Grad
46.9 sq mi
ZIP Area
1,322
Density / Sq Mi
$81,601
Median Household Income
$43,433
Median Earnings
$1,627
Median Rent
$281,000
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?
Bank - Former branch facility with highway access, on-site parking, and a substantial commercial site.
Where is this bank located?
The property is located at 865 Hampton Rd McDonough, GA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 3,591‑square‑foot former bank branch; 2.67‑acre commercial site; Located on the Hwy 20/81 corridor
