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.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$221,750
6.5%
$204,692
7%
$190,071
Comparable approach
Method
Valuation
Relative Method
$133,316
Geo Method
$133,316
Alternative Use
Use
Valuation
Industrial / Distribution
$396,566
Mixed-Use / Specialty
$205,014
Hospitality / Lodging
$151,782
Office
$204,892
Institutional / Educational
$213,508
Residential Income
$249,805
Multifamily
$293,770
Automotive / Energy
$183,007
Parking / Income-Based Land
$62,114.20
Restaurant / Food Service
$108,875
Healthcare / Senior Housing
$209,160
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
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Buckhead Rd Madison, GA 30650
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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