664 Bankhead HwyVilla Rica, GA 30180

  • Retail properties
  • 59,234 SF
For Lease

Property Details for 664 Bankhead Hwy

Year built
1996
Construction
CONCRETE BLOCKS
Lot size
7.05 AC
Property size (Sq ft)
59,234 SF
Zone code
GC
Property type
Retail properties
Property subtype
Grocery and convenience stores
APN
V07-011-0004
APU
V070110004

Description

This exceptional retail investment opportunity presents a 57,584 square foot strip center located at 664 W Bankhead Hwy, Villa Rica, GA 30180, in Carroll County. The property currently features two suites, with one suite totaling 1,200 square feet immediately available for lease. This presents a unique chance to acquire a well-situated retail space in a thriving community. The existing building offers ample space for a variety of retail uses, benefiting from high visibility and convenient access from West Bankhead Highway. The property's location within Villa Rica provides access to a strong local customer base and offers significant potential for growth. The 1,200 square foot vacant suite is ready for immediate occupancy, allowing for quick implementation of business plans. This is an ideal opportunity for investors seeking a stable, income-producing asset in a growing market. The property's strategic location and the availability of a sizable vacant suite make it an attractive proposition for both established businesses and new ventures. Detailed financial information and lease terms are available upon request. Don't miss this chance to secure a prime retail space in a desirable Georgia location. Serious inquiries only.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $17,029,586
    6.5%
    $15,719,618
    7%
    $14,596,788
  • Comparable approach

    Method
    Valuation
    Relative Method
    $25,267,998
    Geo Method
    $29,116,544
  • Alternative Use

    Use
    Valuation
    Residential
    $13,260,086
    Hospitality
    $12,146,167
    Educational
    $10,105,468
    Medical
    $10,453,011
    Retail
    $15,719,618
664 Bankhead Hwy, Villa Rica, Georgia

Location Insight

City
Villa Rica
County
Carroll
State
Georgia
Latitude
33.729
Longitude
-84.9377
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
$36,343
$292,810
$867,190
$1,160,000
-
$732,025
$2,167,975
$2,900,000

FAQs

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