This fee-simple, 10,400 square foot, two-unit convenience store in Lithia Springs, GA, is offered at $6,500,000 ($625/sq ft). Built in 1989 and renovated in 2011, the property sits on a one-acre lot (APN 4182-03-7-0-003) and is zoned CG. The 4,200 square foot net rentable space boasts a strong sales history, demonstrating consistent profitability and a loyal customer base. Its prime location ensures high visibility and accessibility, driving significant foot traffic. The diverse inventory of wines, spirits, and craft beers caters to a broad customer base, positioning the business to capitalize on the growth in the premium liquor and craft beverage sectors. The property includes one building, two stories, and is a single-tenancy owner/user investment opportunity. This established business offers significant growth potential within a thriving market. The recent price reduction enhances the return on investment.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$1,984,810
6.5%
$1,832,130
7%
$1,701,270
Comparable approach
Method
Valuation
Relative Method
$1,713,390
Geo Method
$1,898,790
Alternative Use
Use
Valuation
Industrial / Distribution
$3,642,960
Mixed-Use / Specialty
$1,797,270
Hospitality / Lodging
$1,281,710
Office
$1,757,080
Institutional / Educational
$1,858,310
Residential Income
$2,174,220
Multifamily
$2,764,720
Automotive / Energy
$1,592,840
Parking / Income-Based Land
$577,662
Restaurant / Food Service
$874,302
Healthcare / Senior Housing
$1,872,120
Location Insight
City
Lithia Springs
County
Douglas
State
Georgia
Latitude
33.7904
Longitude
-84.6225
CBSA code
12060
CBSA name
ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
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Maxham Rd Lithia Springs, GA 30122
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Maxham Rd Lithia Springs, GA 30122
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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