3228 New Macland Road, Powder Springs, GA 30127
Office, retail, restaurant, or daycare location with redevelopment potential.
- Added:
- Jul 13, 2024
- Days on Market:
- 724
- Last Refresh:
- May 13 at 12:26 am
Property Features for 3228 New Macland Road
General Information
- Standard status
- Active
- Size
- 1,160 SF
- Lot size
- 0.50 Acres
- Property subtype
- Office, Retail
Building Details
- Year Built
- 1949
Listing office RE/MAX Around Atlanta Realty (404) 488-4663
Listing date Jul 13, 2024
Source Crexi
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HighLights
- 0. 5 acre lot suitable for business build, franchise, or other development.
- Versatile site suitable for office, professional services, general business, daycare, restaurant, or retail.
- Existing structure with residential floor plan ready for tenant build out or improvement.
- Potential for 10‑15 parking spots in converted front yard.
- Excellent access directly across from strip center and commercial intersection.
- Includes storage building in the back that can remain or be removed.
Overview
Local Financial Insights For Specialty 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 | $26.7k | $23.04 |
| − Vacancy | −$1.9k | −$1.61 |
| EGI | $24.9k | $21.43 |
| − OpEx | −$6.2k | −$5.36 |
| NOI | $18.6k | $16.07 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Powder Springs
- County
- Cobb
- State
- Georgia
- Longitude
- -84.6767811
- Latitude
- 33.8750244