1400 Cedar Grove RdConley, GA 30288

Property Details for 1400 Cedar Grove Rd

Year built

1955

Lot size

0.52 AC

Property size (Sq ft)

2,084 SF

Zone code

M

Property type

Retail space

APN

15 018 03 007

APU

1501803007

Description

This exceptional retail opportunity presents a fully stocked liquor store located at 1400 Cedar Grove Road, Conley, Georgia. The 2,084 square foot building sits on a half-acre lot. Currently closed due to temporary road closure on Cedar Grove Road, the store is anticipated to reopen shortly, presenting a significant upside for the buyer. The asking price of $799,000 includes all existing inventory, offering a turnkey operation for a prospective owner. The property is being sold "as is," and interested parties are required to submit proof of funds with any offer. The seller is open to considering owner financing options, making this an attractive investment for qualified buyers. A preferred closing attorney has been designated: McMichael and Gray, located at 825 Fairways Court, Stockbridge, GA 30281 (678) 384-8518. This presents a rare chance to acquire an established business in a high-demand market, poised for immediate success upon road reopening. The substantial inventory included in the sale significantly reduces the initial investment required to launch operations. Don't miss this chance to own a thriving retail business in a prime location. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $389,656

  6.5%

  $359,683

  7%

  $333,991

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,024,393

  Geo Method

  $1,024,393

• Alternative Use

  Use

  Valuation

  Residential

  $303,406

  Hospitality

  $277,918

  Educational

  $231,225

  Medical

  $239,177

  Retail

  $359,683

Location Insight

City

Conley

County

Dekalb

State

Georgia

Latitude

33.6578

Longitude

-84.333

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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