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85 Lakeview Rd Powersville, GA 31008

OFF-MARKET Specialty properties Google Maps
5,272 SF 5 ac lot Built 1920
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

Exceptional investment opportunity: a 5,272 square foot event center in Byron, Georgia. This stunning two-story building, constructed in 1920, sits on a five-acre lot (APN: 043A 020) and is zoned R-AG. The property boasts an enclosed porch and beautifully landscaped grounds, perfect for year-round events. With a capacity for up to 300 guests, the venue includes overnight accommodations and a fully equipped catering kitchen. Currently operating as a successful event center, the sale includes existing event contracts, ensuring immediate income potential. Conveniently located 3.3 miles from I-75, this property offers easy access to both local and regional markets, and is approximately a 75-minute drive south of Atlanta. The asking price is $795,000, representing a price per square foot of $150.80. This represents a unique opportunity to acquire a profitable, established business with significant growth potential. The property's history and charm, combined with its modern amenities and convenient location, make it an ideal investment for discerning buyers.

Property profile

Verified
Property type Specialty properties
Year built 1920
Total area 5,272 SF
Lot 5 ac (217,800 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Wedding Service

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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