6124 Hickory Flat Hwy Canton, GA 30115
- Community centers
- 11,840 SF
- 1.20 lot acres
Current Use by Public Records
- Community centers
Property Details for 6124 Hickory Flat Hwy
- Year built
- 2005
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.20 lot acres
- Property size
- 11,840 SF
- Zone code
- GC
- Property type
- Community centers
- APN
- 15N26 154 J
- APU
- 15N26154J
Description
This exceptional investment opportunity features two established dry cleaning businesses in Canton, Georgia. One is located in a Publix-anchored shopping center, and the other in a Publix shadow shopping center, ensuring high visibility and foot traffic. The combined businesses boast a gross annual income of $300,000 and a net operating income of $80,064. One business is offered for $150,000, while the purchase of both, including the plant, is priced at $339,000. The businesses were established in 2006 and 2008, respectively, and occupy a total of 1,540 square feet of leased space. The lease type is NNN. This turnkey operation presents a strong return on investment in a desirable location within Cherokee County, offering a rare chance to acquire a well-established and profitable business in a high-traffic retail environment. The property is situated at 6124 Hickory Flat Hwy, Canton, GA 30115. This listing presents a unique opportunity for an investor seeking a profitable and established business in a prime retail location. Further details are available upon request.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $525,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $730,000
- 6.5%
- $715,000
- 7%
- $735,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $705,000
- Geo Method
- $850,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $810,000
- Retail
- $850,000
- Mixed-Use
- $680,000
- Hospitality
- $770,000
- Educational
- $770,000
- Residential Income
- $775,000
- Energy
- $810,000
- Income-Based Land
- $780,000
- Food Service
- $740,000
Location Insight
- Map
- Local Demand
- City
- Canton
- County
- Cherokee
- State
- Georgia
- Longitude
- -84.4192
- Latitude
- 34.1756
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA