7061 Arbor PkwyDouglasville, GA 30135

  • Retail properties
  • 11,198 SF
For Sale
$850,000 View listing

Property Details for 7061 Arbor Pkwy

Year built
1983
Construction
WOOD
Lot size
4.70 AC
Property size (Sq ft)
11,198 SF
Zone code
CG
Property type
Retail properties
Property subtype
Turn key restaurants
APN
0160-02-5- -00080
APU
16002500080

Description

This exceptional 12,500-square-foot restaurant space, located at 7061 Arbor Pkwy in Douglasville, Georgia (zip code 30135), presents a lucrative investment opportunity. Situated on a sizable 4.7-acre lot, this second-generation restaurant boasts a spacious layout ideal for a variety of culinary concepts. The property is zoned C4C1, ensuring flexibility for various restaurant uses. The asking price is $850,000, translating to a price per square foot of $68. The property's prime location in Douglasville offers excellent visibility and accessibility, making it an attractive destination for both locals and visitors. The substantial square footage provides ample room for dining areas, a kitchen, and additional amenities. This turnkey opportunity allows for immediate operation, minimizing setup time and maximizing return on investment. The expansive 4.7-acre lot offers potential for future expansion or development, adding further value to this already impressive property. Serious inquiries are encouraged to explore this exceptional restaurant space and its significant potential for growth and profitability. Detailed property information and financial documents are available upon request.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,472,668
    6.5%
    $2,282,463
    7%
    $2,119,430
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,356,564
    Geo Method
    $5,504,390
  • Alternative Use

    Use
    Valuation
    Residential
    $1,925,343
    Hospitality
    $1,763,604
    Educational
    $1,467,298
    Medical
    $1,517,760
    Retail
    $2,282,463
7061 Arbor Pkwy, Douglasville, Georgia

Location Insight

City
Douglasville
County
Douglas
State
Georgia
Latitude
33.7231
Longitude
-84.7592
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
$18,281
$88,840
$359,080
$447,920
-
$222,100
$897,700
$1,119,800

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