Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1700 Eatonton Rd Madison, GA 30650

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    High-Yield Retail Investment in GA

    Property size:
    63,089 SF

    Property Features for 1700 Eatonton Rd

    General Information

    Property type
    Lifestyle centers
    Square Feet
    63,089 SF
    Lot Size
    326,700 SF

    Building Details

    Buildings
    1
    Stories
    1

    We can help!

    Listing Contact
    Tyler Bradford
    Tyler Bradford

    Listing Agency: Southpace Properties Inc. Listing Agent: Tyler Bradford

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Madison Crossing, a prime 63,089 square foot shopping center in Madison, Georgia, presents a compelling investment opportunity. This fully leased, single-story retail property boasts 12 tenants, including national brands like Harbor Freight Tools and Marshall's, ensuring strong occupancy and consistent cash flow. The 100% occupancy rate translates to a substantial net operating income (NOI) of $626,070, yielding a 6.80% cap rate on the $9,206,906 asking price. Situated on a 7.5-acre lot at the northeast corner of the Madison Bypass and US 441, this strategically located center benefits from high visibility and accessibility. Its prime location across from Walmart and near Lowe's guarantees significant foot traffic. The property includes 303 parking spaces and is complemented by a variety of nearby dining establishments, including Chick-fil-A, Taco Bell, Dunkin' Donuts, Dairy Queen, Zaxby's, and Bojangles. All tenant leases are currently in their final renewal period, providing an opportunity for future rent increases. The property's strong tenant mix, high occupancy, and strategic location make it an exceptional investment prospect for discerning buyers seeking a stable and profitable retail asset. The price per square foot is $145.94. This is a triple net (NNN) leased multi-tenant property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Madison Crossing Shopping Center & Mall Harbor Freight Tools Building Supply

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Building Supply Big Box & Wholesale Store Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Morgan
    State
    Georgia
    Longitude
    -83.4773577
    Latitude
    33.566518

    Nearby Similar for Sale

    • $485,000
      Pending

      Turnkey Investment Opportunity in Madison

      Commercial property with long-term tenants and over 6% cap rate.
      2151 Eatonton Rd, Madison, GA 30650
      View Details
    • $895,000
      5,000 SF

      Historic Live-Work Property in Madison

      Circa 1895 live/work property in downtown Madison, Georgia.
      270 S Main St, Madison, GA 30650
      View Details
    • $895,000
      0.58 Acres

      Downtown Madison Live-Work Opportunity

      Circa 1895 home zoned for commercial and residential use.
      270 SOUTH Main St, Madison, GA 30650
      View Details
    • $1,275,000
      2,267 SF

      Madison, GA Farm with Pond

      Well-maintained farm with pond, shop, and convenient location.
      2141 Enterprise Rd, Madison, GA 30650
      View Details
    • $2,399,000
      2,800 SF

      Equestrian Facility on 25 Acres

      State-of-the-art equestrian facility in Madison's horse country.
      1371 Plantation Rd, Madison, GA 30650
      View Details
    • New
      $299,900
      1,080 SF

      Retail Opportunity in Madison, GA

      General store with kitchen space and included coolers.
      4420 Buckhead Rd, Madison, GA 30650
      View Details
    • $3,750,000
      122.50 Acres

      Luxury Estate with Turnkey Retreat

      123-acre estate in Morgan County with luxury home and guest apartment.
      1101 Shockley Rd, Madison, GA 30650
      View Details
    • Contact for pricing

      Eatonton Road Specialty Property

      Specialty property available for sale on Eatonton Road.
      1581 Eatonton Rd, Madison, GA 30650
      View Details
    • $150,000

      Waterfront Lot Ready For Dock

      Waterfront lot with dock permit approval and water meter.
      1061 Apalachee Shr Ct, Madison, GA 30650
      View Details
    • Contact for pricing
      36,100 SF

      Madison Industrial Property For Sale

      36,100 square foot industrial property in Madison, Georgia.
      100 Amtico Rd, Madison, GA 30650
      View Details
    • $367,500
      1.53 Acres

      Madison Warehouse Lot - I-20 Access

      Prime 1.5-acre warehouse lot near I-20.
      10 Commerce Dr, Madison, GA 30650
      View Details
    • $414,750
      2.97 Acres

      Madison Industrial Lot - Prime Location

      2.97-acre lot, I-20 access, utilities available.
      1091 Commerce Dr, Madison, GA 30650
      View Details

    FAQs

    What type of property is this?
    Lifestyle center - High-Yield Retail Investment in GA
    Where is this lifestyle center located?
    The property is located at 1700 Eatonton Rd Madison, GA.
    What is the asking price?
    The asking price for this property is $9,206,906.
    What are key features of this property?
    This property features: 63,089 SF fully leased shopping center in Madison, GA.; 12 tenants including national brands like Harbor Freight and Marshall's.; $9,206,906 asking price with a 6.80% cap rate and $626,070 NOI.
    (205) 903-0732 Call to check price and availability
    Request Owner's contact information
    1700 Eatonton Rd Madison, GA 30650
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1700 Eatonton Rd
    Madison, GA 30650
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1700 Eatonton Rd Madison, GA 30650
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Tyler Bradford
    Tyler Bradford
    Real Estate License ID: 975480
    (205) 903-0732
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!