590 Central AveHapeville, GA 30354

Property Details for 590 Central Ave

Year built

1958

Lot size

0.92 AC

Property size (Sq ft)

10,326 SF

Zone code

C1

Property type

Banks

APN

14 009800200489

APU

14009800200489

Description

This exceptional 11,328-square-foot retail building, located at 590 South Central Avenue in Hapeville, Georgia, presents a unique investment opportunity. Situated on a 1.75-acre lot, this Class B property boasts a prime location and is zoned C1. Originally constructed in 1958, the building is currently vacant and offers significant potential for redevelopment or immediate occupancy. The single-tenant structure features convenient drive-thru ATMs, a significant advantage for financial institutions or businesses requiring similar access. Ample parking is available, ensuring ease of access for customers and employees. The property's address is 590 South Central Avenue, with a cross street of Perkins Street, and its APN is 14-0098-0020-048-9. Its previous use as a Wells Fargo branch makes it particularly well-suited for a bank or similar financial services business, but its versatile layout and ample space offer possibilities for a wide range of retail uses. The property's size and location in Hapeville, Georgia, zip code 30354, make it an attractive proposition for businesses seeking high visibility and convenient access. This is a rare opportunity to acquire a substantial retail space in a thriving Georgia community. The property's convenient location and existing infrastructure make it an ideal choice for a variety of businesses.

• CAP approach

  CAP return

  Valuation

  6%

  $1,930,706

  6.5%

  $1,782,190

  7%

  $1,654,891

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,075,758

  Geo Method

  $5,075,758

• Alternative Use

  Use

  Valuation

  Residential

  $1,503,344

  Hospitality

  $1,377,055

  Educational

  $1,145,694

  Medical

  $1,185,096

  Retail

  $1,782,190

Location Insight

City

Hapeville

County

Fulton

State

Georgia

Latitude

33.6574

Longitude

-84.4079

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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