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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

5176 Ga-22 Sparta, GA 31087

4,920 SF 8.5 ac lot
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity encompasses a 8.5-acre parcel featuring three buildings totaling 4,920 square feet. The property includes a 1,300 square foot convenience store, a 1,820 square foot former restaurant, and a 1,800 square foot motel. All buildings were constructed in either 1960 or 2002 and are in need of renovation. The property boasts ample graveled parking. Located in Hancock County, Georgia, this property offers convenient access to both Sparta (6 miles) and Milledgeville (17 miles). The asking price is $325,000, translating to $66.06 per square foot. The seller is open to exploring a long-term lease option and may consider owner financing with a significant down payment. This presents a unique chance to acquire a substantial property with significant upside potential for the right investor. The property's size and location make it ideal for redevelopment or repositioning within the thriving Sparta market. The existing structures provide a solid foundation for a variety of commercial ventures. Don't miss this chance to acquire a prime piece of Georgia real estate. The address is 5176 GA-22, Sparta, GA 31087.

Property profile
Verified
Property type Retail properties & Spaces
Total area 4,920 SF
Lot 8.5 ac (370,260 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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