925 Commercial StConyers, GA 30012

Property Details for 925 Commercial St

Year built

1900

Construction

CONCRETE BLOCKS

Lot size

0.04 AC

Property size (Sq ft)

1,550 SF

Zone code

BGC

Property type

Turn key restaurants

APN

C19-0-03-0009

APU

C190030009

Description

This exceptional 1,550 square foot commercial property, located at 925 Commercial Street NE in Conyers, Georgia, presents a compelling investment opportunity. Situated on a 0.04-acre lot in the desirable Olde Town Conyers retail district, this building benefits from high visibility and significant foot traffic, ensuring optimal exposure for any business. Currently generating a consistent income stream, the property is leased to a thriving and established ice cream parlor, providing immediate cash flow for the new owner. The tenant's proven success minimizes vacancy risk and offers a stable return on investment. The building itself is well-maintained, requiring minimal immediate capital expenditure. This property is ideally suited for investors seeking a reliable, income-producing asset in a vibrant commercial area. Its prime location within Olde Town Conyers guarantees strong customer visibility and accessibility, making it an attractive proposition for a variety of businesses. The combination of a successful tenant, a desirable location, and a manageable property size makes this an exceptional opportunity for portfolio diversification or a first foray into commercial real estate. The asking price of $240,000 reflects the property's strong potential for future appreciation and consistent rental income. This is a turnkey investment ready to generate immediate returns.

• CAP approach

  CAP return

  Valuation

  6%

  $489,568

  6.5%

  $451,908

  7%

  $419,629

• Comparable approach

  Method

  Valuation

  Relative Method

  $761,904

  Geo Method

  $761,904

• Alternative Use

  Use

  Valuation

  Residential

  $381,202

  Hospitality

  $349,179

  Educational

  $290,513

  Medical

  $300,504

  Retail

  $451,908

Location Insight

City

Conyers

County

Rockdale

State

Georgia

Latitude

33.6662

Longitude

-84.0174

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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