Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • 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
    Property profile & analytics

    557 Riverstone Pkwy Canton, GA 30114

    • Retail properties
    • 43,350 SF
    For Lease
    View listing
    $20 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 557 Riverstone Pkwy

    Property size
    43,350 SF
    Property type
    Retail properties
    Property subtype
    Office Properties & Spaces

    Description

    This exceptional retail opportunity is located within the thriving Riverstone Mill Shopping Center in Canton, Georgia's city center. The 43,350 square foot center boasts a strong tenant mix, including ALDI, Dollar Tree, and Rent-A-Center, ensuring high foot traffic and visibility. Currently, 3,840 square feet of retail space is available, ideal for a variety of businesses. This space includes office and storage areas, offering flexibility for your operational needs. The property enjoys a prime location on Riverstone Parkway, a major retail corridor with 21,600 vehicles passing daily. Three convenient access points at a signalized intersection maximize visibility and accessibility. The surrounding area is densely populated with numerous national retailers, including Home Depot, Publix, and many restaurants, creating a robust and established commercial environment. The center is less than two miles from the new Northside Hospital and directly across from the Canton Mill Lofts, a revitalized residential development. This high-traffic location, combined with the existing strong tenant base, presents a unique opportunity for growth and success. Please note that vape shops, smoke shops, and event facilities are not permitted.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Canton
    County
    Cherokee
    State
    Georgia
    Longitude
    -84.4853
    Latitude
    34.2459

    Comparable in this City

    • Value Estimation by Request
      32,500 SF

      535 Riverstone Pkwy

      Office space • 32,500 SF
      535 Riverstone Pkwy, Canton, GA 30114
      View Details
    • Value Estimation by Request
      17,205 SF

      Knox Bridge Hwy

      Individual retail properties • 17,205 SF
      0 Knox Bridge Hwy, Canton, GA 30114
      View Details
    • Value Estimation by Request
      6,100 SF

      2530 Marietta Hwy

      Retail properties • 6,100 SF
      2530 Marietta Hwy, Canton, GA 30114
      View Details
    • Value Estimation
      $1,700,000
      9,240 SF

      151 Prominence Pt Pkwy

      DEPARTMENT STORE • 9,240 SF
      151 Prominence Pt Pkwy, Canton, GA 30114-9009
      View Details
    • Value Estimation by Request
      1,500 SF

      105 Riverstone Pkwy

      Lifestyle centers • 1,500 SF
      105 Riverstone Pkwy, Canton, GA 30114
      View Details
    • Value Estimation
      $1,655,000
      161,684 SF

      1550 Riverstone Pkwy

      DEPARTMENT STORE • 161,684 SF
      1550 Riverstone Pkwy, Canton, GA 30114-2918
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Prime Commercial Land with Frontage

      1.46 acres with high traffic, redevelopment potential, and income.
      105 Riverstone Pkwy, Canton, GA 30114
      View Details
    • $1,200,000
      4,162 SF

      High-Traffic Canton Retail Opportunity

      Prime Retail Space, High Visibility, Redevelopment Potential
      105 Riverstone Pkwy, Canton, GA 30114
      View Details
    • $1,200,000
      1,500 SF

      Canton Retail Center Investment Opportunity

      Prime Canton location, redevelopment potential.
      105 Riverstone Pkwy, Canton, GA 30114
      View Details
    • $1,675,000
      1.96 Acres

      Prime Corner Lot Commercial Property

      Versatile commercial property on high-traffic area in Cherokee County.
      100 Pearidge Rd, Canton, GA 30114
      View Details
    • New
      $350,000
      0.13 Acres

      Commercial Property in Canton, Georgia

      Commercial property for sale in Canton, Georgia, Cherokee County.
      520 Waleska Road/Reinhardt College Pkwy, Canton, GA 30114
      View Details
    • $985,000
      0.83 Acres

      Canton Commercial Property For Sale

      Commercial property in Canton, GA with high traffic and income.
      105 Riverstone Pkwy, Canton, GA 30114
      View Details

    Similar Nearby for Lease

    • $20 SF/Yr
      43,350 SF

      Riverstone Mill Retail Space

      Canton, GA retail space for lease.
      557 Riverstone Pkwy, Canton, GA 30114
      View Details
    • $15 SF/Yr
      32,500 SF

      Riverstone Mill II Office Suites

      Canton, GA Office Space Available
      535 Riverstone Pkwy, Canton, GA 30114
      View Details
    • $48 SF/Yr
      100 SF

      Canton Office Space for Lease

      Private Office, 100 sq ft, $385/month
      3395 Sixes Rd, Canton, GA 30114
      View Details
    • Contact for pricing
      6,100 SF

      Canton Restaurant - Turnkey Opportunity

      Prime Canton location, 6,100 sq ft, fully vacant.
      190 Main St, Canton, GA 30114
      View Details
    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.
    557 Riverstone Pkwy
    Canton, GA 30114
    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

    Google sign-in failed. Please try again or use another login method.