126 Fairmount AveCedartown, GA 30125

Property Details for 126 Fairmount Ave

Year built

1982

Lot size

0.37 AC

Property size (Sq ft)

1,768 SF

Property type

Retail properties

Property subtype

Other individual retail properties

APN

C19-148-

APU

C19148

Description

This exceptional 1,768 sq ft commercial property in Cedartown, GA, presents a lucrative investment opportunity. Situated on a 0.37-acre lot at 126 E Fairmount Avenue, this brick building boasts a new roof and HVAC system. Its prime location, directly behind McDonald's and across from the former Polk County Hospital, ensures high visibility and accessibility. The property comprises two main units, currently leased: one as a salon and the other as an office space. Adding to its appeal, a separate storage building on the site is also under lease, generating a third income stream. The property features a paved parking lot for convenient customer and tenant access. This turnkey investment offers immediate cash flow and significant potential for long-term growth. The building's excellent condition, coupled with its strategic location and multiple income streams, makes it an attractive proposition for savvy investors seeking a stable and profitable addition to their portfolio. The property is ready for immediate occupancy and offers a rare chance to acquire a well-maintained, high-performing commercial property in a desirable location. Don't miss this chance to secure a valuable asset in a thriving market.

• CAP approach

  CAP return

  Valuation

  6%

  $549,691

  6.5%

  $507,407

  7%

  $471,164

• Comparable approach

  Method

  Valuation

  Relative Method

  $725,734

  Geo Method

  $869,062

• Alternative Use

  Use

  Valuation

  Residential

  $428,017

  Hospitality

  $392,061

  Educational

  $326,190

  Medical

  $337,409

  Retail

  $507,407

Location Insight

City

Cedartown

County

Polk

State

Georgia

Latitude

34.0186

Longitude

-85.2518

CBSA code

16340

CBSA name

CEDARTOWN, GA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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