655 Pond StToccoa, GA 30577

  • Retail properties
  • 612 SF
For Sale
$90,000 View listing

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
Retail properties
Property subtype
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • 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
655 Pond St, Toccoa, Georgia

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

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
$592
$5,160
$11,583
$16,743
-
$12,900
$28,957
$41,857

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