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    1640 Zebulon Rd Griffin, GA 30224

    For Sale
    $599,000

    High-traffic location, 1.09 acres, 1400 sq ft home.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional investment opportunity presents a 1.09-acre parcel zoned C-1 in Griffin, Georgia, located at 1640 Zebulon Road. The property boasts a prime location directly behind a RaceTrac gas station, surrounded by established businesses including Ingles, McDonald's, Walgreens, Dollar Tree, and a BP station, ensuring high visibility and traffic flow. The property includes a 1400 square foot home built in 1960, offering significant potential for renovation and repurposing to suit various business needs. This fixer-upper features six rooms and a spacious layout, ready for an investor or entrepreneur to transform. All utilities are available, including natural gas, with a septic tank currently in place

    Property Features for 1640 Zebulon Rd

    General Information

    Property type
    Retail properties
    Lot Size
    47,480 SF

    Building Details

    Year Built
    1960
    Buildings
    1
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Clothing Store Nail Salon Gym & Fitness Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Griffin
    County
    Spalding - GA
    State
    Georgia
    Longitude
    -84.2820718
    Latitude
    33.1975015

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    FAQs

    What type of property is this?
    Retail property - High-traffic location, 1.09 acres, 1400 sq ft home.
    Where is this retail property located?
    The property is located at 1640 Zebulon Rd Griffin, GA.
    What is the asking price?
    The asking price for this property is $599,000.
    Request Owner's contact information
    1640 Zebulon Rd Griffin, GA 30224
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    Realmo Value Estimation

    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.

    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.

    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
    1640 Zebulon Rd Griffin, GA 30224
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