801 Big A RdToccoa, GA 30577

  • Outlet malls
  • 5,352 SF
For Sale
$400,000 View listing

Property Details for 801 Big A Rd

Year built
2005
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.48 AC
Property size (Sq ft)
5,352 SF
Zone code
B-II
Property type
Outlet malls
APN
T36 011
APU
T36011

Description

This exceptional owner-user opportunity presents a thriving grocery store in Toccoa, Georgia. Located at 801 Big A Rd, this 2,676 square foot Class C retail building sits on a 0.46-acre lot (APN 76550) and is zoned C-HB Highway Business Commercial. Built and renovated in 2005, the property boasts 100% occupancy as of September 1st, 2023, generating a Net Operating Income (NOI) of $3,000 and a cap rate of 0.75%. The asking price is $400,000, translating to $149.48 per square foot. The sale includes the existing beverage and spirits business. The single-story building features 2,676 square feet of net rentable space, with an additional 2,367 square feet of air rights. This turnkey operation provides a unique opportunity for an individual buyer seeking a profitable, established business with immediate cash flow. The property's prime location in Stephens County, Georgia, ensures high visibility and accessibility. Serious inquiries only.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,588,860
    6.5%
    $1,466,640
    7%
    $1,361,880
  • Comparable approach

    Method
    Valuation
    Relative Method
    $458,255
    Geo Method
    $458,255
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $2,884,780
    Mixed-Use / Specialty
    $1,451,430
    Hospitality / Lodging
    $1,051,870
    Office
    $1,432,410
    Institutional / Educational
    $1,505,330
    Residential Income
    $1,761,240
    Multifamily
    $2,167,660
    Automotive / Energy
    $1,290,290
    Parking / Income-Based Land
    $455,121
    Restaurant / Food Service
    $733,602
    Healthcare / Senior Housing
    $1,498,650

Location Insight

City
Toccoa
County
Stephens
State
Georgia
Latitude
34.5729
Longitude
-83.3103
CBSA code
45740
CBSA name
TOCCOA, GA MICROPOLITAN 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
$2,286
$23,014
$41,630
$64,644
-
$57,534
$104,076
$161,610

FAQs

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