1150 Pat Haralson DrBlairsville, GA 30512

  • Retail properties
  • 4,220 SF
For Sale
$3,400,000 View listing

Property Details for 1150 Pat Haralson Dr

Year built
2002
Construction
WOOD
Lot size
1.75 AC
Property size (Sq ft)
4,220 SF
Property type
Retail properties
Property subtype
Turn key restaurants
APN
070D 024 B
APU
070D024B

Description

This exceptional, established restaurant, "The Sawmill Place Kitchen and Market," is offered for sale at $3,400,000. Located at 1150 Pat Haralson Dr, Blairsville, GA 30512, this Class A, single-story building sits on a 1.75-acre lot (APN 17008) and boasts a 16.11% cap rate with a pro-forma cap rate of 49.00%. Built in 2001, the property is zoned C3 and features ample parking to accommodate all vehicle types, including RVs. The restaurant's menu features generational recipes using farm-fresh ingredients, creating a nostalgically Southern dining experience. Currently operating for breakfast and lunch, significant revenue growth potential exists through expanded hours (dinner, weekends), catering services, and other untapped opportunities. The Sawmill Place enjoys excellent online reviews on Google, Yelp, and TripAdvisor, and has been featured in Southern Living magazine. Its prime location is steps away from a growing regional medical district and hospital, attracting both local and tourist clientele in the picturesque North Georgia Mountains. The sale includes heirloom recipes, a well-designed website, and trained staff, ensuring a smooth transition for the new owner. This is a unique opportunity to acquire a beloved community asset with substantial upside.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,088,667
    6.5%
    $1,004,923
    7%
    $933,143
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,074,346
    Geo Method
    $2,074,346
  • Alternative Use

    Use
    Valuation
    Residential
    $847,690
    Hospitality
    $776,480
    Educational
    $646,022
    Medical
    $668,240
    Retail
    $1,004,923
1150 Pat Haralson Dr, Blairsville, Georgia

Location Insight

City
Blairsville
County
Union
State
Georgia
Latitude
34.8828
Longitude
-83.9735

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
$3,483
$82,480
$179,120
$261,600
-
$206,200
$447,800
$654,000

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