This exceptional 8,381 square foot restaurant is ideally situated in the South Fulton submarket of College Park, Georgia, at 5495 Old National Highway, zip code 30349. The property is a single-tenant space within a larger 66,924 square foot shopping center. Its prime location along the heavily trafficked Old National Highway ensures high visibility and accessibility for customers. The convenient proximity to the airport further enhances its appeal, attracting a diverse clientele. This presents a unique opportunity for a restaurant operator seeking a well-established location with significant foot traffic and easy access for both local residents and travelers. The property's size offers ample space for a variety of restaurant concepts, from casual dining to upscale establishments. The building is part of a larger shopping center, providing additional benefits such as shared parking and potential synergy with neighboring businesses. This turnkey restaurant space is ready for immediate occupancy, offering a significant advantage for a quick start-up or expansion. The property's location in the thriving South Fulton submarket of College Park, Georgia, promises strong potential for growth and profitability. Serious inquiries are encouraged to explore this exceptional investment opportunity.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$2,926,162
6.5%
$2,701,072
7%
$2,508,138
Comparable approach
Method
Valuation
Relative Method
$7,692,776
Geo Method
$7,692,776
Alternative Use
Use
Valuation
Residential
$2,278,456
Hospitality
$2,087,053
Educational
$1,736,404
Medical
$1,796,121
Retail
$2,701,072
Location Insight
City
South Fulton
County
Fulton
State
Georgia
Latitude
33.6061
Longitude
-84.4735
CBSA code
12060
CBSA name
ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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