2032 Montreal RdTucker, GA 30084
- Retail properties
- 2,241 SF
Property Details for 2032 Montreal Rd
- Year built
- 1976
- Construction
- WOOD FRAME
- Lot size
- 0.69 AC
- Property size (Sq ft)
- 2,241 SF
- Zone code
- C1
- Property type
- Retail properties
- Property subtype
- Turn key restaurants
- APN
- 18 190 02 042
- APU
- 1819002042
Description
This exceptional investment opportunity presents a vacant 2,242 square foot quick-service restaurant (QSR) building situated on a 0.65-acre lot in the thriving Tucker, Georgia market. Located at 2032 Montreal Road, this property boasts a highly desirable drive-thru configuration, perfectly suited for a variety of fast-food concepts. The building is zoned C1, allowing for a range of commercial uses. Its strategic location offers excellent visibility and accessibility, being only 0.6 miles from the I-285 interstate, ensuring high traffic volume and convenient access for customers. The asking price for this turnkey property is $1,700,000. This represents a compelling investment opportunity in a rapidly growing area with strong demographics and significant potential for future appreciation. The property's vacant status provides immediate flexibility for prospective buyers to customize the space to their specific operational needs and brand identity. The substantial lot size offers ample room for potential expansion or outdoor seating areas, further enhancing the property's value and appeal. This is a rare chance to acquire a well-positioned QSR property in a prime location with significant upside potential. Serious inquiries are encouraged to explore this exceptional investment opportunity. The property is ready for immediate occupancy and offers a blank canvas for a new business venture.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $707,820
- 6.5%
- $653,372
- 7%
- $606,703
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,101,566
- Geo Method
- $1,101,566
-
Alternative Use
- Use
- Valuation
- Residential
- $551,144
- Hospitality
- $504,845
- Educational
- $420,025
- Medical
- $434,470
- Retail
- $653,372
Location Insight
- City
- Tucker
- County
- Dekalb
- State
- Georgia
- Latitude
- 33.8432
- Longitude
- -84.2571
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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