Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    The Largest CRE Database in the US with Over 1 Million Listings

    108 Grant Street Tallapoosa, GA 30176

    View on Map
    Claim this Listing
    For Sale
    $595,000

    COMMERCIAL - Tallapoosa, GA

    Property size:
    1,250 SF
    Lot size:
    0.51 Acres
    Price / SF:
    $476/SF
    Added:
    Dec 7, 2025
    Days on Market:
    142
    Last Refresh:
    Apr 28 at 11:06 pm

    Property Features for 108 Grant Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking features
    Parking Lot
    Standard status
    Active
    APN
    0034B0173
    Size
    1,250 SF
    Lot size
    0.51 Acres

    Taxes and HOA fees

    Tax Year
    24
    Tax Annual Amount
    769

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Heating system
    Propane (Heating)
    Water source
    Public

    Building Details

    Year built
    1985
    Building materials
    Wood Siding

    We can help!

    Listing Contact
    Jake W Puckett

    Listing agent Jake W Puckett License #377338

    Listing office Southern Homes & Land Realty 216 W Montgomery St,Ste.A, Villa Rica, GA

    Listing date Dec 7, 2025

    MLS# 10654533

    Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Tallapoosa Income-Producing Property For Sale

    Located within the city limits of Tallapoosa, this income-producing property presents an investment opportunity. The property includes five mobile homes, one single-family home, and three vacant pads. City water and city sewer services are provided. The property generates a net operating income of approximately $75,000 per year, after accounting for taxes, insurance, water, trash service, landscaping, and management. The units have been updated, offering low ongoing maintenance needs. Four of the five mobile homes have new metal roofs. All units feature updated electrical and plumbing systems, new flooring, new hot water heaters, and newer appliances. The single-family home has also been updated. The park includes three vacant sites that offer value-add potential for increased revenue through long-term tenants, short-term stays, or placement of additional park-owned homes. Separate electric meters are in place for all units. The property is situated on a 0.51-acre lot. The property offers stable tenancy, reliable utilities, and straightforward management.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tallapoosa
    County
    Haralson
    State
    Georgia
    Longitude
    -85.285859
    Latitude
    33.740462

    Nearby Similar for Sale

    • $399,999
      3,680 SF

      Historical Home in Tallapoosa, GA

      Historical home with retail and residential potential in Tallapoosa.
      175 Head Ave., Tallapoosa, GA 30176
      View Details
    • $1,000,000

      Prime Cattle Farm in Tallapoosa

      85-acre working farm with farmhouse, barns, and extensive frontage.
      400 Kelley Road, Tallapoosa, GA 30176
      View Details
    • $2,900,000
      10,788 SF

      NNN Leased CVS Pharmacy

      NNN leased CVS with long-term lease and zero landlord responsibilities.
      107 Spring St, Tallapoosa, GA
      View Details
    • $199,900

      Turnkey Restaurant on 5.78 Acres

      Established restaurant with highway frontage and development potential in Haralson.
      3157 Georgia Highway 120, Tallapoosa, GA 30176
      View Details

    FAQs

    What type of property is this?
    Mobile home & RV park - Income-generating property with mobile homes, house, and vacant pads.
    Where is this mobile home & rv park located?
    The property is located at 108 Grant Street Tallapoosa, GA.
    What is the asking price?
    The asking price for this property is $595,000.
    What are key features of this property?
    This property features: High Income: Generates approximately $75,000 net operating income annually.; Turnkey Investment: Updated units with low ongoing maintenance needs.; Value‑Add Potential: Three vacant pads for increased revenue.
    (770) 714-6839
    We can help!
    Listing Contact
    Jake W Puckett
    Real Estate License ID: 377338
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!