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Property profile & analytics
OFF-MARKET
Commercial real estate

2939 Hickory Flat Hwy Canton, GA 30115

924 SF 1 ac lot Built 1988
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 924 sq ft commercial property situated on a 1-acre corner lot at the intersection of Hickory Flat Highway and Scott Road, complete with a traffic light. The property boasts 376 feet of road frontage, offering significant visibility and accessibility. Currently zoned R-40 by Cherokee County, the Future Land Use matrix designates the primary use as either (OI) or (NC). The property includes an income-producing, 2-bedroom, 2-bathroom single-wide mobile home, currently leased month-to-month for $1,000 per month, and a separate outbuilding. Adding to its versatility, the property comprises two parcels (14N24 134 & 14N24 134A), each with its own driveway, one accessing from Scott Road and the other from Highway 140. This prime location, combined with its existing income stream and development potential, makes this a truly compelling investment opportunity. Please note that the tenant should not be disturbed. The asking price is $350,000.

Property profile
Verified
Property type Commercial real estate
Year built 1988
Total area 924 SF
Lot 1 ac (43,560 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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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