4420 Buckhead RdMadison, GA 30650

Property Details for 4420 Buckhead Rd

Year built

1972

Lot size

0.29 AC

Property size (Sq ft)

1,116 SF

Zone code

C1

Property type

Retail properties

Property subtype

Turn key restaurants

APN

051 029

APU

51029

Description

This exceptional 0.29-acre retail property at 4420 Buckhead Road in Madison, GA, presents a unique investment opportunity. Previously operating as a general store and BBQ takeout, this versatile space boasts a recently renovated interior and exterior. The 5,000-square-foot outdoor area offers significant expansion potential, ideal for additional seating, retail space, or parking. Inside, you'll find a spacious retail area and an equipped kitchen featuring new FRP food-safe walls and quarry tile floors. Upgrades include LED lighting, tile flooring, barn wood accents, fresh paint throughout, a new gravel parking area, and new gutters. Plumbing upgrades include new sinks, valves, vanity, and toilet. The property has undergone termite treatment with a warranty, and the septic system has been pumped and serviced. The lot dimensions are 210 feet by 60 feet, providing 210 feet of road frontage on Buckhead Road. Existing licenses include a COAM contract, liquor and beer license, and a lottery license. Monthly sales figures indicate a strong revenue stream. The property's location just outside the Buckhead city limits offers convenient access and high visibility. Comparable properties in the area are valued significantly higher, making this a compelling investment with substantial upside potential. This turnkey operation is ready for a new owner to capitalize on its existing success and further develop its immense potential.

• CAP approach

  CAP return

  Valuation

  6%

  $287,903

  6.5%

  $265,757

  7%

  $246,774

• Comparable approach

  Method

  Valuation

  Relative Method

  $323,034

  Geo Method

  $323,034

• Alternative Use

  Use

  Valuation

  Residential

  $224,176

  Hospitality

  $205,344

  Educational

  $170,844

  Medical

  $176,719

  Retail

  $265,757

Location Insight

City

Madison

County

Morgan

State

Georgia

Latitude

33.576

Longitude

-83.372

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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