1494 Old Salem RdConyers, GA 30013

  • Land
  • 0.50 AC
For Sale
$1,900,000 View listing

Property Details for 1494 Old Salem Rd

Lot size
0.50 AC
Zone code
C2
Property type
Land
Property subtype
Commercial land
APN
075-0-01-007R
APU
075001007R

Description

This exceptional commercial property, located at 1494 Old Salem Road SE in Conyers, Georgia, presents a compelling investment opportunity. The 8,538 square foot building, constructed in 1975, sits on a 0.93-acre lot and boasts a highly desirable C2 zoning classification. This zoning allows for a diverse range of retail and vehicle-related businesses, providing significant flexibility for potential buyers. Currently enjoying 100% occupancy, the property generates a consistent income stream, making it an attractive turnkey investment. Its established presence in the thriving Conyers area ensures a steady flow of customers. The building is well-maintained and ready for immediate use, minimizing upfront capital expenditures. The property's prime location and versatile zoning make it an ideal choice for entrepreneurs and investors seeking a strong return on investment in a dynamic market. The substantial square footage offers ample space for various business configurations, catering to a wide spectrum of commercial needs. This is a rare opportunity to acquire a profitable, established commercial property in a highly sought-after area. The asking price is $1,900,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $5,356,499
    Hospitality
    $4,906,524
    Educational
    $4,082,171
    Medical
    $4,222,562
    Retail
    $6,350,043
1494 Old Salem Rd, Conyers, Georgia

Location Insight

City
Conyers
County
Rockdale
State
Georgia
Latitude
33.6489
Longitude
-84.0043
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
2023
$1,322
$33,320
-
$33,320
-
$83,300
-
$83,300

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