Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Updated Building in Downtown Powder Title is generated by Realmo AI

    3886 Broad Street, Powder Springs, GA 30127

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Four-side brick building in downtown Powder Springs with established tenants.

    Type:Retail
    Added:
    Jul 13, 2024
    Days on Market:
    680
    Last Refresh:
    May 12 at 10:50 pm

    Property Features for 3886 Broad Street

    General Information

    Standard status
    Active
    Property subtype
    Retail

    Building Details

    Year Built
    1927

    We can help!

    Listing Contact
    Tony Morris

    Listing agent Tony Morris

    Listing office Keller Williams Realty Signature Partners

    Listing date Jul 13, 2024

    Source Crexi

    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 Keller Williams Realty Signature Partners

    HighLights

    • Prime location in bustling downtown Powder Springs with high visibility to foot and auto traffic.
    • Fully updated building.
    • Existing leases with two established tenants provide immediate income.
    • Four‑side brick construction.
    • Walking distance to new apartment development and downtown amphitheater.
    • Investment opportunity in Powder Springs growing business community.

    Overview

    This four-side brick building is located in downtown Powder Springs, offering high visibility to both foot and vehicle traffic. The building has been fully updated and currently has two tenant leases in place. It is situated within walking distance of a new apartment development and the downtown amphitheater, offering an opportunity to be part of Powder Springs' growing business community.
    Property Profile Location Intelligence

    Current Use by Public Records

    SGC Chicken & Seafood Restaurant Skint Chestnut Brewing ... Production Facility

    Suggested Use

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

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

    Similar Places Nearby

    • PearTree ~Home.Florist.Gifts — 4440 Marietta St, Powder Springs, GA 30127

    Location Insight

    • Map
    • Local Demand
    City
    Powder Springs
    County
    Cobb
    State
    Georgia
    Longitude
    -84.684454
    Latitude
    33.859076

    Nearby Similar for Sale

    • $590,000
      2,511 SF

      Historic Landmark in Powder Springs

      Preserved 1870 landmark with modern updates in Powder Springs.
      4284 Marietta Street, Powder Springs, GA 30127
      View Details
    • $299,900

      Versatile Property in Powder Springs

      Adaptable property suitable for residential or commercial use.
      3852 New Macland Road, Powder Springs, GA 30127
      View Details
    • $299,900
      1,612 SF

      Powder Springs Versatile Commercial Property

      Adaptable commercial space in Powder Springs, suitable for various uses.
      3852 New Macland Road, Powder Springs, GA 30127
      View Details
    • $500,000
      1,484 SF

      Downtown Powder Springs Event Location

      Established event location suitable for various business purposes.
      4425 Marietta Street, Powder Springs, GA 30127
      View Details
    • $389,000

      Meticulously Maintained Home Near Silver Comet

      Modern, cozy home with luxury design and upgrades.
      3576 SILVERY Way, Powder Springs, GA 30127
      View Details
    • $945,000
      11,000 SF

      Turnkey Automotive Body Shop

      Turnkey automotive body shop for sale in Powder Springs, GA.
      890 Sleepy Hollow Rd, Powder Springs, GA 30127
      View Details
    • $365,000
      1,160 SF

      Versatile Commercial Property For Sale

      Office, retail, restaurant, or daycare location with redevelopment potential.
      3228 New Macland Road, Powder Springs, GA 30127
      View Details
    • Contact for pricing
      12,800 SF

      12,800 SF Available For Sale

      12,800 SF flex/industrial/office/warehouse space available for purchase.
      3404 Florence Circle, Powder Springs, GA 30127
      View Details

    FAQs

    What type of property is this?
    Storefront property - Four-side brick building in downtown Powder Springs with established tenants.
    Where is this storefront property located?
    The property is located at 3886 Broad Street Powder Springs, GA.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: Prime location in bustling downtown Powder Springs with high visibility to foot and auto traffic.; Fully updated building.; Existing leases with two established tenants provide immediate income.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Tony Morris
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    3886 Broad Street, Powder Springs, GA 30127
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!