929 Hist Hwy, Demorest, GA 30535
This exceptional mixed-use property, located at 929 Hist Hwy 441 in Demorest, Georgia, presents a compelling investment opportunity. The property encompasses 4,230 square feet of versatile space spread across three buildings situated on a sizable 2.33-acre lot. Its prime location along the heavily trafficked Highway 441 ensures high visibility and easy accessibility, making it ideal for a diverse range of commercial ventures. The property's zoning permits various business applications, from retail and office spaces to medical facilities or service-oriented businesses. A two-bay garage, currently leased but soon to be vacant, adds further potential. The ample lot size provides extensive parking and room for expansion. All existing equipment and furniture in the upstairs office spaces will be removed prior to closing. The property boasts convenient access to nearby towns like Cornelia and Clarkesville, and is a short drive from the scenic Northeast Georgia mountains. Utilities including water, sewer, and electricity are fully connected. This well-maintained property is ready for immediate occupancy, offering endless possibilities for entrepreneurs and investors seeking a thriving commercial location in a growing community. The asking price is $625,000. Built in 2001, this property offers a blend of established infrastructure and future growth potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.