927 Senoia RdTyrone, GA 30290

  • Retail properties
  • 1,092 SF
For Sale
$300,000 View listing

Property Details for 927 Senoia Rd

Year built
1981
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.36 AC
Property size (Sq ft)
1,092 SF
Zone code
C C1
Property type
Retail properties
Property subtype
Turn key restaurants
APN
73807005
APU
73807005

Description

This exceptional opportunity presents the chance to acquire the former Shamrock Kitchen Restaurant, situated on a highly visible corner lot at 927 Senoia Road in Tyrone, Georgia. The property boasts a total of 0.78 acres, encompassing two separate tracts, providing ample space for expansion or future development. The main building offers approximately 1,000 square feet of interior space, currently configured as a restaurant. All existing kitchen equipment, tables, and chairs are included in the sale, representing a significant value-add for the buyer. While the restaurant requires some renovation and updating, its prime location on both Senoia Road and Commerce Drive offers exceptional visibility and accessibility. This presents a unique chance for an experienced restaurateur to revitalize an established business or for a developer to explore alternative uses for the property. The asking price of $300,000 reflects the potential upside inherent in this well-positioned property. The substantial land area and existing infrastructure provide a solid foundation for a variety of commercial ventures. Serious inquiries are encouraged to explore this exciting investment opportunity further.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $204,177
    6.5%
    $188,471
    7%
    $175,009
  • Comparable approach

    Method
    Valuation
    Relative Method
    $536,774
    Geo Method
    $536,774
  • Alternative Use

    Use
    Valuation
    Residential
    $158,982
    Hospitality
    $145,627
    Educational
    $121,160
    Medical
    $125,327
    Retail
    $188,471
927 Senoia Rd, Tyrone, Georgia

Location Insight

City
Tyrone
County
Fayette
State
Georgia
Latitude
33.4778
Longitude
-84.5955
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
$2,986
$18,820
$78,280
$97,100
-
$47,050
$195,700
$242,750

FAQs

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