7495 Union Rd, Hahira, GA 31632
Former restaurant/tavern/event venue with acreage and I-75 frontage.
- Added:
- Apr 17, 2024
- Days on Market:
- 789
- Last Refresh:
- May 12 at 9:14 pm
Property Features for 7495 Union Rd
General Information
- Standard status
- Active
- Size
- 6,437 SF
- Lot size
- 49.54 Acres
- Property subtype
- Other
Building Details
- Year Built
- 2013
Listing agent Scott Alderman (229) 561-1939
Listing office FIRST COMMERCIAL REAL ESTATE (229) 561-1939
Listing date Apr 17, 2024
Source Xome
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All listing content including descriptions, pricing, images are the copyrighted material of FIRST COMMERCIAL REAL ESTATE
HighLights
- High‑visibility location: Boasting 2500' frontage on I‑75 with two 2‑face mini‑billboards.
- Large acreage: 49.539 acres with diverse landscape including cleared land, former orchard, ponds, woodlands, and wetlands.
- Turnkey business opportunity: Includes all furniture, fixtures, and equipment (F/F/E) 'as‑is'.
- Versatile building: 6437 sf under roof with a large bar, dining room, kitchen, covered porch, and outdoor seating/event area.
- City utilities: Located within Hahira city limits with access to city water and sewer.
- Ample parking: 50 parking spaces available.
Overview
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $85.0k | $13.20 |
| − Vacancy | −$5.8k | −$0.90 |
| EGI | $79.2k | $12.30 |
| − OpEx | −$19.8k | −$3.08 |
| NOI | $59.4k | $9.23 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Hahira
- County
- Lowndes
- State
- Georgia
- Longitude
- -83.387907
- Latitude
- 31.009061