Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1068 Richard D Sailors Pkwy Powder Springs, GA 30127-5221
    Back to Search
    Property profile & analytics

    1068 Richard D Sailors Pkwy, Powder Springs, GA 30127-5221

    View on Map
    • Retail space
    • 6,874 SF
    • 0.92 lot acres
    Off-Market
    Last Sale Apr 1, 2022
    $88,100
    Property ID
    US22-4354256
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Advance Auto Parts / Auto Parts Store
    • UPS Access Point location / Courier Service / Postal Service

    Property Details for 1068 Richard D Sailors Pkwy

    Year built
    2003
    Lot size
    0.92 lot acres
    Zone code
    CRC/LRO
    Property type
    Retail space
    APN
    19082900130
    APU
    19082900130

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 1, 2022 $88,100 Jerry M Andes David Andes Limited Warranty Deed —
    Apr 1, 2022 — David Andes Advance Powder Springs LLC Limited Warranty Deed —
    Jan 23, 2022 $52,900 Jerry M Andes David Andes Limited Warranty Deed —
    Jan 18, 2022 — David Andes Advance Powdr Springs LLC Limited Warranty Deed —
    Jul 23, 2008 $1,326,300 Advanced Powder Springs LLC Psg Assoc LLC Grant Deed —
    Jul 23, 2008 — Advanced Powder Springs LLC Psg Assoc LLC Quit Claim Deed · related —
    Jul 15, 2008 $1,326,240 Advance Powder Springs LLC Psg Associates LLC Grant Deed —
    Jul 15, 2008 — Advance Powder Springs LLC Psg Associates LLC Grant Deed · related —
    May 9, 2006 — Psg Assocs LLC Austin,michael T Quit Claim Deed · related —
    Apr 14, 2006 — Psg Associates LLC Austin,michael T Grant Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Powder Springs
    County
    Cobb
    State
    Georgia
    Longitude
    -84.677
    Latitude
    33.8638
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $14,718
    $347,920
    $140,240
    $488,160
    -
    $869,800
    $350,600
    $1,220,400

    Comparable in this City

    • Value Estimation
      $1,900,000
      8,505 SF

      5380 Brownsville Rd

      RETAIL STORES (PERSONAL SERVICES)
      5380 Brownsville Rd, Powder Springs, GA 30127-3051
      View Details
    • Value Estimation
      $5,040,000
      14,616 SF

      5155 Dallas Hwy

      RETAIL STORES (PERSONAL SERVICES)
      5155 Dallas Hwy, Powder Springs, GA 30127-6470
      View Details
    • Value Estimation by Request
      672 SF

      4437 Marietta St

      RETAIL STORES (PERSONAL SERVICES)
      4437 Marietta St, Powder Springs, GA 30127-2610
      View Details
    • Value Estimation by Request
      3,150 SF

      4121 Austell Powder Spgs Rd

      RETAIL STORES (PERSONAL SERVICES)
      4121 Austell Powder Spgs Rd, Powder Springs, GA 30127-2915
      View Details
    • Value Estimation by Request
      1,240 SF

      4415 Austell Powder Spgs Rd

      RETAIL STORES (PERSONAL SERVICES)
      4415 Austell Powder Spgs Rd, Powder Springs, GA 30127
      View Details
    • Value Estimation
      $1,780,000
      7,225 SF

      2071 Lost Mtn Rd

      RETAIL STORES (PERSONAL SERVICES)
      2071 Lost Mtn Rd, Powder Springs, GA 30127-1122
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,484 SF

      Downtown Powder Springs Event Location

      Established event location suitable for various business purposes.
      4425 Marietta St, Powder Springs, GA 30127
      View Details
    • Contact for pricing
      1,160 SF

      Versatile Commercial Property For Sale

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

      Updated Building in Downtown Powder

      Four-side brick building in downtown Powder Springs with established tenants.
      3886 Broad St, Powder Springs, GA 30127
      View Details
    • New
      $500,000
      0.09 Acres

      Downtown Powder Springs Event Location

      Established event location in downtown Powder Springs with indoor/outdoor setup.
      4425 Marietta St, Powder Springs, GA 30127
      View Details
    • $500,000
      1,484 SF

      Downtown Powder Springs Event Location

      Established event location in downtown Powder Springs with indoor/outdoor space.
      4425 Marietta St, Powder Springs, GA 30127
      View Details
    • Contact for pricing
      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

    Similar Nearby for Lease

    • Contact for pricing
      1,200 SF

      Retail/Office Space on Dallas Highway

      Retail or office space with high visibility on Dallas Highway.
      5077 Dallas Hwy, Powder Springs, GA 30127
      View Details
    • Contact for pricing
      1,400 SF

      Retail/Restaurant Space Near Silver Comet

      Second-generation retail and restaurant space with high visibility.
      1050 Richard D Sailors Pkwy, Powder Springs, GA 30127
      View Details
    • Contact for pricing
      2,100 SF

      Retail and Office Space Available

      Retail and office spaces with great visibility and easy access.
      5087 Dallas Hwy, Powder Springs, GA 30127
      View Details
    • Contact for pricing
      2 SF

      Prime Retail Opportunity West Cobb

      High-visibility retail space in a rapidly growing Atlanta suburb.
      5230 Dallas Hwy, Powder Springs, GA 30127
      View Details
    • Contact for pricing

      Prime Retail Space Available

      Versatile commercial space in high-visibility Powder Springs location.
      4434 Austell Powder Springs Rd, Powder Springs, GA 30127
      View Details
    • Contact for pricing
      1,500 SF

      Kroger-Anchored Retail Space Available

      Retail space in Kroger-anchored center with high traffic.
      4400 Brownsville Rd, Powder Springs, GA 30127
      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.
    1068 Richard D Sailors Pkwy
    Powder Springs, GA 30127-5221
    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
    1068 Richard D Sailors Pkwy, 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!