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    1535 Highway 20 McDonough, GA 30252
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    Property profile & analytics

    1535 Highway 20 McDonough, GA 30252

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    • Drive through restaurants
    • 2,630 SF
    • 0.77 lot acres
    For Lease
    $2,575,000
    View Listing →
    Freestanding Restaurant with Drive Thru For Lease
    $2,575,000

    Freestanding Restaurant with Drive Thru

    Freestanding restaurant with drive-thru available for lease in McDonough, GA.

    1535 Hwy 20, Mcdonough, GA 30252
    View Listing
    Property ID
    US22-3587859
    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
    $2,575,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Drive through restaurants

    Property Details for 1535 Highway 20

    Year built
    2015
    Construction
    WOOD
    Lot size
    0.77 lot acres
    Property size
    2,630 SF
    Zone code
    C2
    Property type
    Drive through restaurants
    APN
    075-01009004
    APU
    7501009004

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,415,000
      ML approach
      $2,505,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,486,000
      Market price range: $620k - $2.49M

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

    Location Insight

    • Map
    • Local Demand
    City
    Mcdonough
    County
    Henry
    State
    Georgia
    Longitude
    -84.1877
    Latitude
    33.4208
    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
    $19,778
    $228,920
    $300,360
    $529,280
    -
    $572,300
    $750,900
    $1,323,200

    Comparable in this City

    • Value Estimation
      $1,870,000
      3,473 SF

      1086 Hwy 20th 81

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,473 SF
      1086 Hwy 20th 81, Mcdonough, GA 30253-6518
      View Details
    • Value Estimation
      $1,475,000
      3,128 SF

      Jonesboro Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,128 SF
      Jonesboro Rd, Mcdonough, GA 30253
      View Details
    • Value Estimation by Request
      3,626 SF

      1404 Hwy 20th W

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,626 SF
      1404 Hwy 20th W, Mcdonough, GA 30253-7305
      View Details
    • Value Estimation
      $650,000
      3,065 SF

      579 Hwy 42nd S

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,065 SF
      579 Hwy 42nd S, Mcdonough, GA 30253-6872
      View Details
    • Value Estimation by Request
      320 SF

      36 Griffin St

      DRIVE-THRU RESTAURANT, FAST FOOD • 320 SF
      36 Griffin St, Mcdonough, GA 30253
      View Details
    • Value Estimation
      $620,000
      6,812 SF

      1785 Jonesboro Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 6,812 SF
      1785 Jonesboro Rd, Mcdonough, GA 30253-5969
      View Details

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      2,500 SF

      Retail Space in McDonough Development

      2,500 SF retail space in new McDonough development.
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      6,000 SF

      New Retail Building with Tenants

      Newly constructed retail building with long-term tenants in high-traffic location.
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      4,000 SF

      First Watch Restaurant Investment Opportunity

      NNN leased First Watch restaurant with long-term lease and increases.
      2265 Jodeco Rd, McDonough, GA 30253
      View Details
    • $1,800,000
      3,591 SF

      Prime Commercial Property on Highway

      High-visibility commercial property in McDonough's growing business district.
      865 Hwy, McDonough, GA 30253
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    • $981,649
      2.01 Acres

      Prime Commercial Land Opportunity

      2.01 acre commercial land in a high-growth corridor.
      Mcdonough Pkwy, McDonough, GA 30253
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    Similar Nearby for Lease

    • Contact for pricing

      Retail Space Near I-75

      Retail space for lease anchored by Publix in McDonough, GA.
      2142 Highway 20 W, McDonough, GA 30253
      View Details
    • $4,000 /Mo
      2,400 SF

      Restaurant Space in Summit Plaza

      Restaurant space for lease with full kitchen and equipment.
      2054 Highway 42 N, McDonough, GA 30253
      View Details
    • Contact for pricing

      Established Restaurant Business For Sale

      Turnkey restaurant with 27 years of successful operation, business for sale.
      3454 Jodeco Rd, McDonough, GA 30253
      View Details
    • Contact for pricing

      Retail Space For Lease

      Retail space available for lease in McDonough, Georgia.
      72 City Square Blvd, McDonough, GA 30253
      View Details
    • Contact for pricing

      Kohl's Pad Site For Lease

      Outparcel available for ground lease adjacent to major retailers.
      1570 Highway 20 W, McDonough, GA 30253
      View Details
    View Listing
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    1535 Highway 20
    McDonough, GA 30252
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    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
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    1535 Highway 20, McDonough, GA, 30252
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