329 Richardson RdCalhoun, GA 30701

Property Details for 329 Richardson Rd

Year built

1950

Lot size

3.69 AC

Property size (Sq ft)

1,960 SF

Zone code

A-1

Property type

Office buildings

APN

058 - -037

APU

58037

Description

This exceptional 4.08-acre commercial property in Calhoun, Georgia, presents a significant investment opportunity. Located on Richardson Road, directly across from Zaxby's and adjacent to Starbucks, this site boasts unparalleled visibility and accessibility due to its proximity to Highway 53 and I-75. The property includes two existing buildings constructed in 1950 and offers ample space for a variety of development projects, including retail, hospitality, or mixed-use ventures. Its strategic location within a rapidly growing commercial corridor, surrounded by established businesses and multi-family communities, ensures high traffic counts and exposure to a diverse customer base. The property's convenient access to major highways provides excellent connectivity for both customers and suppliers. All utilities are available. This prime location is ideal for entrepreneurs seeking to expand their portfolio or launch a new venture in one of Georgia's most thriving regions. The asking price is $1,285,000.

• CAP approach

  CAP return

  Valuation

  6%

  $414,549

  6.5%

  $382,660

  7%

  $355,327

• Comparable approach

  Method

  Valuation

  Relative Method

  $319,264

  Geo Method

  $382,318

• Alternative Use

  Use

  Valuation

  Residential

  $474,499

  Hospitality

  $434,638

  Educational

  $361,614

  Medical

  $374,050

  Retail

  $562,510

Location Insight

City

Calhoun

County

Gordon

State

Georgia

Latitude

34.4724

Longitude

-84.9266

CBSA code

15660

CBSA name

CALHOUN, GA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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