Financial
Distress signals
Property profile

305 Main St Manchester, GA 31816

OFF-MARKET
Drug stores
Property ID
US22-0844095
11,425 SF 1.38 ac lot Built 1996
Last sale Sep 2022 · $1,650,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property is a retail facility historically occupied by Walgreens and subject to a long-term net lease structure, with the landlord designated for responsibility for the roof and structural components. The roof was replaced in 2014 and includes a transferable 20-year warranty. The site is located in close proximity to Fifth Avenue Shopping Center, a 44,100-square-foot retail plaza anchored by Family Dollar, SouthCrest Bank, and Subway, and a CVS is approximately 0.3 miles to the northwest.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$13k
Tax billed · 2023
Assessed value$265k
Assessed land$66k
Assessed improvement$199k
Effective rate4.84%

Value estimate

· Sep 2026
$1.63M
$1.47M – $1.79M
AI approach$1.57M
Sales comparison$1.60M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$78/SF
County average, outlier-cleaned · 42 recorded sales of this use type
Observed band · Q1–Q3$34 – $140

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
1
JurisdictionMERIWETHER

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency11.4
Law Firm10.1
Storage Facility8.9

Location

305 Main St Manchester, GA 31816-1656
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Main, Manchester, GA 31816 $6,282,000 Jun 2025 25,724 SF
Main, Manchester, GA 31816 $48,450 Sep 2022 9,158 SF
Main, Manchester, GA 31816 $36,550 Sep 2022 4,344 SF
125 Main, Manchester, GA 31816-1652 $50,000 Aug 2022 4,380 SF
Main, Manchester, GA 31816 $117,500 Nov 2021 4,218 SF
54 Foster, Manchester, GA 31816-1774 $1,678,769 Jun 2021 9,360 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 305 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message