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    OFF-MARKET
    Retail properties & Spaces

    11016 Ga-157, Rising Fawn, GA 30738

    2,500 SF 1.24 ac lot Built 2002
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2,500-square-foot commercial building, situated on 1.24 acres of level land in Rising Fawn, Georgia, presents a unique investment opportunity. Currently operating as a restaurant and retail store, this single-story structure boasts a 2018 renovation and addition, offering ample space for expansion. The property features a covered outdoor seating area for 15, a covered porch with double doors, and two indoor dining areas accommodating over 50 guests. A smoke room houses two BBQ ovens and a galley kitchen. The building's prime location at the intersection of Highways 157 and 36 ensures high visibility and accessibility. Its proximity to McLemore Golf Resort and The Keep golf course further enhances its appeal. The permitted commercial zoning allows for diverse uses, including a convenience store, liquor store, or gas station, with Walker County actively granting liquor licenses. The existing structure provides a solid foundation for expansion, with potential for a strip center incorporating retail, office, and mini-mart spaces. The property was built in 2002 and is currently 100% occupied under a NNN lease. The asking price is $669,000, representing a price per square foot of $267.60. This property offers significant potential for growth and return on investment.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 2002
    Total area 2,500 SF
    Lot 1.24 ac (54,014 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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