664 Bankhead HwyVilla Rica, GA 30180

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

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.

• 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

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

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