7061 Arbor PkwyDouglasville, GA 30135
- Retail properties
- 11,198 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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