116 Bankhead HwyVilla Rica, GA 30180

Property Details for 116 Bankhead Hwy

Year built

1947

Construction

STEEL FRAME

Lot size

0.32 AC

Property size (Sq ft)

4,748 SF

Zone code

CBD

Property type

Retail properties

Property subtype

Retail space

APN

V01-008-0001

APU

V010080001

Description

This exceptional 4,480 square foot storefront property, located at 116 W. Bankhead Hwy in downtown Villa Rica, Georgia (zip code 30180), presents a remarkable investment opportunity. Situated in a high-traffic area, this versatile space is ideally suited for a wide range of retail, office, or restaurant uses. The asking price is $535,860. The property's prime location within the vibrant downtown Villa Rica ensures excellent visibility and accessibility for potential customers. Its substantial size offers ample room for various business configurations, allowing for customization to meet specific operational needs. The property is categorized as retail and specifically as a storefront. Carroll County's thriving business environment further enhances the property's appeal, providing a supportive context for growth and success. This is a rare opportunity to acquire a significant commercial property in a desirable location with high potential for return on investment. The property's coordinates are latitude 33.73258936007173 and longitude -84.92162074481648.

• CAP approach

  CAP return

  Valuation

  6%

  $1,365,169

  6.5%

  $1,260,156

  7%

  $1,170,145

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,025,304

  Geo Method

  $2,333,885

• Alternative Use

  Use

  Valuation

  Residential

  $1,062,989

  Hospitality

  $973,692

  Educational

  $810,100

  Medical

  $837,961

  Retail

  $1,260,156

Location Insight

City

Villa Rica

County

Carroll

State

Georgia

Latitude

33.7325

Longitude

-84.9213

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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