2550 Parks Mill RdBuckhead, GA 30625

Property Details for 2550 Parks Mill Rd

Year built

1965

Lot size

1.00 AC

Property size (Sq ft)

2,887 SF

Zone code

C2

Property type

Grocery and convenience stores

APN

058 027 E

APU

058027E

Description

This exceptional commercial property at 2550 Parks Mill Road, Buckhead, Georgia, presents a unique investment opportunity. The 2,887 square foot building houses a profitable convenience store, gas station, and cafe, strategically located on a high-traffic corner lot at the intersection of Parks Mill Road and Blue Springs Drive. Situated on a full acre of land, the property offers significant potential for expansion, per zoning regulations. The sale includes the land, building, existing inventory, most equipment (excluding leased equipment requiring return or a new lease agreement), furniture, and an additional outside storage building. The business enjoys strong community support, contributing to its established success. Note that a separate boat storage business at 1020 Blue Springs Road is also available for purchase. This turnkey operation provides immediate income generation and a solid foundation for future growth. Showings are by appointment only. The asking price is $1,300,000.

• CAP approach

  CAP return

  Valuation

  6%

  $573,648

  6.5%

  $529,522

  7%

  $491,699

• Comparable approach

  Method

  Valuation

  Relative Method

  $344,867

  Geo Method

  $344,867

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,025,880

  Mixed-Use / Specialty

  $530,355

  Hospitality / Lodging

  $392,648

  Office

  $530,039

  Institutional / Educational

  $552,328

  Residential Income

  $646,224

  Multifamily

  $759,960

  Automotive / Energy

  $473,424

  Parking / Income-Based Land

  $160,684

  Restaurant / Food Service

  $281,650

  Healthcare / Senior Housing

  $541,078

Location Insight

City

Buckhead

County

Morgan

State

Georgia

Latitude

33.5479

Longitude

-83.3231

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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