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    74 Albany Avenue W Pearson, GA 31642

    View on Map
    Pending
    $625,000

    COMMERCIAL - Pearson, GA

    Property size:
    3,200 SF
    Lot size:
    0.51 Acres
    Added:
    Sep 29, 2025
    Days on Market:
    190
    Last Refresh:
    Apr 6 at 1:06 am

    Property Features for 74 Albany Avenue W

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking features
    Parking Lot
    Standard status
    Pending
    APN
    P011 019
    Size
    3,200 SF
    Lot size
    0.51 Acres

    Taxes and HOA fees

    Tax Year
    24
    Tax Annual Amount
    7502

    Utilities

    Utilities
    Electricity Available
    Sewer type
    Public Sewer
    Heating system
    Heat Pump (Heating)
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    2018

    We can help!

    Listing Contact
    Jade Johnson

    Listing agent Jade Johnson

    Listing office Keller Williams Georgia Communities 3338 Country Club Rd H, Macon, GA

    Listing date Sep 29, 2025

    MLS# 10662159

    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

    Turn-Key Restaurant on Highway 82

    This turn-key restaurant is situated in a prime location off busy Highway 82 in Pearson, Georgia, and is visible from the 441 Bypass. The established and fully equipped restaurant is ready to operate. Cooking equipment includes a 5' CPG flattop LP, a 5' flattop with a 2-drawer Atosa cooler, two 70 lb Atosa fryers LP, a 4' Castle grill LP, a Southbend 6-burner stove/oven LP, and a Duke single convection oven electric. Refrigeration equipment includes a single door Atosa cooler, two Triole glass door Koolit freezers, an Everest double slide door cooler, a Serv Ware double slide door cooler, two True single door coolers, a Frigidaire freezer, a Frigidaire mini cooler, and an Ojeda chest freezer, along with a 36" sandwich prep cooler. Warming equipment includes a Hatco warming cabinet, a Hatco fry warmer, a Hatco fry slide warmer, and two 2-pan well warmers. The property also features stainless tables, shelves, dining room tables and chairs for 80, and a 16' exhaust hood with fire suppression. The 3,200 square foot property, situated on a 0.51-acre lot, includes two guest bathrooms, an employee bathroom, 20 tons of A/C, and an on-demand propane water heater. This commercial property is located in Atkinson County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Country Cabin Steak ... Restaurant The Shack Cafe Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Pearson
    County
    Atkinson
    State
    Georgia
    Longitude
    -82.853844
    Latitude
    31.298294

    Nearby Similar for Sale

    • $695,000
      10,000 SF

      Versatile Building on 5 Acres

      10,000 sq ft building on 5 acres with highway frontage.
      4167 Atkinson Blvd, Pearson, GA 31642
      View Details
    • $500,000
      784 SF

      Pearson, GA Commercial Corner Lot

      High-traffic 1.69-acre commercial lot suitable for various business ventures.
      531 Main Street, Pearson, GA 31642
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    • $850,000
      12,300 SF

      Pearson GA Retail Center ForSale

      12,300 SF retail center anchored by Family Dollar/Dollar Tree.
      652 North Main Street, Pearson, GA 31642
      View Details

    FAQs

    What type of property is this?
    Turn key restaurant - Established restaurant ready to operate, visible from Highway 441.
    Where is this turn key restaurant located?
    The property is located at 74 Albany Avenue W Pearson, GA.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: Prime location directly off Hwy 82 and visible from 441 Bypass.; Turn‑key restaurant, fully equipped and ready to operate immediately.; Extensive cooking equipment including flattops, fryers, grills, and ovens.
    (912) 292-3972
    We can help!
    Listing Contact
    Jade Johnson
    Learn More
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    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
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