655 Pond StToccoa, GA 30577

Property Details for 655 Pond St

Year built

1997

Construction

WOOD

Lot size

0.48 AC

Property size (Sq ft)

612 SF

Zone code

B-II

Property type

Turn key restaurants

APN

T21 022

APU

T21022

Description

This exceptional 306-square-foot retail space at 655 S Pond Street in Toccoa, Georgia, presents a fantastic opportunity for a fast-food restaurant or similar venture. Situated on a 0.48-acre lot (APN: T21 022) in a high-traffic area, this single-tenant property boasts a prime location adjacent to a busy gas station and within a densely populated neighborhood. Just minutes from downtown Toccoa, the property is zoned commercial (Comm) and offers immediate occupancy. The building includes a fully equipped kitchen, a freezer room, a soda machine, and a refrigerator, ensuring a smooth transition for new businesses. Ten convenient parking spaces are available for customers and employees, along with a readily accessible dumpster. The property features one building with a total of one suite. A minimum 24-month lease term is required. This turnkey solution offers a unique chance to establish a thriving business in a vibrant and accessible community. Don't miss this chance to capitalize on this exceptional location and well-equipped space.

• CAP approach

  CAP return

  Valuation

  6%

  $230,157

  6.5%

  $212,453

  7%

  $197,278

• Comparable approach

  Method

  Valuation

  Relative Method

  $126,973

  Geo Method

  $126,973

• Alternative Use

  Use

  Valuation

  Residential

  $179,212

  Hospitality

  $164,157

  Educational

  $136,577

  Medical

  $141,274

  Retail

  $212,453

Location Insight

City

Toccoa

County

Stephens

State

Georgia

Latitude

34.5683

Longitude

-83.3251

CBSA code

45740

CBSA name

TOCCOA, GA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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