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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    243 May St Winder, GA 30680-7133

    • Retail space
    • 2,564 SF
    • 0.01 lot acres
    OFF-MARKET
    Value Estimations
    $245,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-1974206
    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.

    Current Use by Public Records

    • Hi-Tech Electronics / Television Repair Service / Appliance Repair Service
    • Super H Foods / Convenience Store / Gas Station
    • U-Haul Neighborhood Dealer / Trailer Rental Service / Van Rental Agency
    • bp / Gas Station / Convenience Store
    • M & M Motorsports, LLC / Motorcycle Parts Store / Motorcycle Repair Shop

    Property Details for 243 May St

    Year built
    1985
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.01 lot acres
    Property size
    2,564 SF
    Zone code
    I
    Property type
    Retail space
    APN
    WN21 079
    APU
    WN21079

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $265,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $223,000
      Market price range: $172k - $506k

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $370,000
      Current use
      COMMERCIAL (GENERAL)
      $355,000
      Change: -4% Conversion: Easy
      AUTO REPAIR, GARAGE
      $335,000
      Change: -9% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Winder
    County
    Barrow
    State
    Georgia
    Longitude
    -83.7119
    Latitude
    33.9816
    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
    $1,480
    $0.00
    $52,086
    $52,086
    -
    $0.00
    $130,215
    $130,215

    Comparable in this City

    • Value Estimation
      $340,000
      2,240 SF

      203 May St

      RETAIL STORES (PERSONAL SERVICES) • 2,240 SF
      203 May St, Winder, GA 30680-7130
      View Details
    • Value Estimation
      $305,000
      2,846 SF

      232 Broad St

      RETAIL STORES (PERSONAL SERVICES) • 2,846 SF
      232 Broad St, Winder, GA 30680-2277
      View Details
    • Value Estimation
      $245,000
      1,128 SF

      274 Athens St

      RETAIL STORES (PERSONAL SERVICES) • 1,128 SF
      274 Athens St, Winder, GA 30680-2529
      View Details
    • Value Estimation
      $365,000
      4,674 SF

      617 Atlanta SE Hwy

      RETAIL STORES (PERSONAL SERVICES) • 4,674 SF
      617 Atlanta SE Hwy, Winder, GA 30680-4076
      View Details
    • Value Estimation
      $280,000
      680 SF

      741 Smith Ml Rd

      RETAIL STORES (PERSONAL SERVICES) • 680 SF
      741 Smith Ml Rd, Winder, GA 30680-4710
      View Details
    • Value Estimation
      $460,000
      11,754 SF

      279 Broad St

      RETAIL STORES (PERSONAL SERVICES) • 11,754 SF
      279 Broad St, Winder, GA 30680-2583
      View Details

    Similar Nearby for Sale

    • $900,000
      3,485 SF

      Retail/Office Space on Highway 81

      Modern, efficient retail or office space in a growing area.
      427 Loganville Hwy, Winder, GA 30680
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    • $349,000
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      Winder Office/Retail Building For Sale

      Office/Retail building on 1 acre with excellent advertising exposure.
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    • $950,000
      0.88 Acres

      Winder, GA Pad Sites: Prime Retail Land

      High-traffic location, excellent visibility, near Publix.
      11 State Hwy 11, Winder, GA 30680
      View Details
    • $920,847
      0.40 Acres

      Turn-Key Car Wash Investment Opportunity

      Well-maintained car wash in growing Winder, GA with recent upgrades.
      78 W Athens St, Winder, GA 30680
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    • $600,000
      0.62 Acres

      Winder Retail Building - Prime Location

      Charming retail space, high visibility, ample parking.
      104 Broad St, Winder, GA 30680
      View Details
    • $905,000
      1.00 Acre

      Commercial Property in Winder, GA

      Commercial property suitable for restaurant or retail development.
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    Similar Nearby for Lease

    • $1,500 /Mo
      8,050 SF

      Retail Space in Winder, GA

      Retail space available in a high-traffic area.
      669 Atlanta Hwy SE, Winder, GA 30680
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space in Winder, GA

      New retail spaces available near Hwy 11 and Hwy 53.
      401 Gainesville Hwy, Winder, GA 30680
      View Details
    • Contact for pricing

      Retail Space Near Highway Access

      Retail spaces and outparcels available near major highways.
      455 Gainesville Hwy, Winder, GA 30680
      View Details
    • Contact for pricing
      10,080 SF

      Winder Warehouse Space Available

      10,080 SF warehouse space for rent in Winder, GA.
      1025 Barrow Industrial Pkwy, Winder, GA 30680
      View Details
    • $144 SF/Yr
      10,000 SF

      Winder, GA Warehouse For Lease

      10,000 SF Warehouse, Excellent Location
      816 Tucker Ct, Winder, GA 30680
      View Details
    • Contact for pricing
      43,200 SF

      Industrial Space in Winder, GA

      43,200 SF warehouse space available for lease.
      Barrow Industrial Pkwy, Winder, GA 30680
      View Details
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    243 May St
    Winder, GA 30680-7133
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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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