301 Mooty Bridge RdLaGrange, GA 30240

  • Retail properties
  • 1,488 SF
For Sale
$649,900 View listing

Property Details for 301 Mooty Bridge Rd

Year built
2008
Lot size
0.38 AC
Property size (Sq ft)
1,488 SF
Zone code
16- CR-MX
Property type
Retail properties
Property subtype
Turn key restaurants
APN
0611A011005
APU
0611A011005

Description

This exceptional turn-key business opportunity presents a fully operational eatery and butcher shop located at 301 Mooty Bridge Road, LaGrange, GA. The 1,488 square foot facility sits on a 0.38-acre lot and boasts a proven track record of success spanning 12 years, built on a loyal customer base. The property's prime location ensures high visibility and consistent traffic, providing a solid foundation for continued growth. The modern building includes a convenient drive-through for added customer convenience. Recent expansion efforts have included the addition of a portable kitchen, allowing for extended operating hours and the introduction of a new menu item – wings – further enhancing revenue streams. This well-established business offers a rare chance to acquire a profitable, established enterprise with significant upside potential. The existing infrastructure and loyal clientele provide a strong base for immediate profitability and future expansion. The sale includes all existing equipment and fixtures, making this a seamless transition for the new owner. This is a truly remarkable opportunity for a serious entrepreneur seeking a profitable and established business in a thriving location. The asking price for this exceptional property is $469,900.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $278,219
    6.5%
    $256,818
    7%
    $238,473
  • Comparable approach

    Method
    Valuation
    Relative Method
    $731,428
    Geo Method
    $731,428
  • Alternative Use

    Use
    Valuation
    Residential
    $216,635
    Hospitality
    $198,437
    Educational
    $165,097
    Medical
    $170,775
    Retail
    $256,818
301 Mooty Bridge Rd, LaGrange, Georgia

Location Insight

City
Lagrange
County
Troup
State
Georgia
Latitude
33.0542
Longitude
-85.0321
CBSA code
29300
CBSA name
LAGRANGE, GA-AL MICROPOLITAN 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
$3,117
$38,000
$76,280
$114,280
-
$95,000
$190,700
$285,700

FAQs

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