Add Listing
    For Lease
    • 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

    507 Hwy 49 Byron, GA 31008

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Highway 49 Endcap with Drive-Thru

    Lot size:
    2,500 SF

    Property Features for 507 Hwy 49

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,500 SF
    Total Rate
    6666.67

    Spaces For Lease

    at 507 Hwy 49, Byron, GA 31008 Contact us
    Unit Available space

    $32 /Mo

    Size
    2,500 SF
    Contact us

    We can help!

    Listing Contact
    Kate Carman
    Kate Carman

    Listing Agency: Fickling & Company Listing Agent: Kate Carman

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

    Learn more

    Overview

    This exceptional 2,500 square foot retail space is situated on a prominent 2.04-acre lot at 507 North Highway 49 in Byron, Georgia (APN: 055D 103). The property boasts a desirable endcap location with a pre-installed grease trap and drive-thru capability, making it ideal for a variety of food service or retail businesses. The building is currently vacant and ready for immediate occupancy. The site benefits from robust 400 amp, 3-phase power, ensuring ample capacity for even the most demanding operations. Zoned C-3, this property offers significant potential for growth and profitability. Highway 49 is experiencing a surge in development, placing this location at the heart of a thriving commercial corridor. Nearby established businesses include Chick-fil-A, Starbucks, Dunkin' Donuts, Burger King, Denny's, Georgia Bob's BBQ, Zaxby's, Dairy Queen, Peach Antique Mall, and numerous hotels, creating a strong customer base and high visibility. This is a rare opportunity to establish a business in a prime location within a rapidly expanding market. The property's size and features make it suitable for a wide range of commercial uses. Contact us today to learn more about this exciting investment prospect.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Byron
    County
    Peach
    State
    Georgia
    Longitude
    -83.737807
    Latitude
    32.664856

    Nearby Similar for Lease

    • $2,500 /Mo
      16,500 SF

      Move-In Ready Medical Suites

      Medical/dental suites with exam rooms, waiting area, and office space.
      212 Suites 800 & 900, Byron, GA 31008
      View Details
    • $750 /Mo
      22,500 SF

      Office Space in Byron, GA

      750 SF office space available for rent in Byron.
      212 Unit, Byron, GA 31008
      View Details
    • $1,300 /Mo
      16,500 SF

      Retail Space in Peach Crossing

      1200 SF space in established shopping center for lease.
      212 Unit, Byron, GA 31008
      View Details
    • $1,300 /Mo

      Retail Space in Peach Crossing

      1200 sq ft retail space in high-traffic shopping center.
      212 Ga Highway 49 N, Byron, GA 31008
      View Details
    • Contact for pricing
      1,400 SF

      Retail Space in Warner Robins

      1,400 SF retail space in Publix-anchored shopping center.
      6015 Watson Blvd, Byron, GA 31008
      View Details
    • Contact for pricing
      2,436 SF

      Retail Space with Interstate Visibility

      Retail space with high visibility and accessibility in Byron, GA.
      311 Hwy 49 N, Byron, GA
      View Details
    • Contact for pricing
      2,500 SF

      Retail Space with Drive-Thru

      Endcap retail space with grease trap and drive-thru capability.
      507 Ga-49, Byron, GA
      View Details

    FAQs

    What type of property is this?
    Land - Highway 49 Endcap with Drive-Thru
    Where is this land located?
    The property is located at 507 Hwy 49 Byron, GA.
    What is the lease rate?
    The lease rate is $32 SF/Yr.
    What are key features of this property?
    This property features: 2,500 SF retail space on a 2.04-acre lot at 507 North Highway 49, Byron, GA (APN: 055D 103).; Desirable endcap location with drive-thru and pre-installed grease trap, ideal for food service or retail.; Vacant and ready for immediate occupancy.
    (478) 746-9421 Call to check price and availability
    Request Owner's contact information
    507 Hwy 49 Byron, GA 31008
    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.
    507 Hwy 49
    Byron, GA 31008
    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
    507 Hwy 49 Byron, GA 31008
    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 Kate Carman
    Kate Carman
    (478) 746-9421 (478) 953-0801
    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!