Property profile

101 Demorest Sq Dr Demorest, GA 30535

OFF-MARKET
Strip malls
Property ID
US22-3692031
10,712 SF 1.03 ac lot Built 1992
Entity Owned 18-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional single-story commercial building, located at 101 Demorest Sq Dr, Demorest, GA 30535, presents a unique investment opportunity. The property, known as Demorest Square Unit A/B, offers a total of 9,000 square feet of space, divided into seven individual suites. Currently, one suite of 2,000 square feet is available for lease. The building is classified as both retail and office space, with a primary focus on medical office use. Its prime location on the edge of Demorest provides excellent visibility and accessibility. The minimum divisible space is 2,000 square feet, making it ideal for a variety of medical practices or businesses requiring substantial space. The building's design and location offer a prestigious business address, enhancing corporate image and attracting clientele. This property is perfect for medical professionals seeking a well-situated, modern space to establish or expand their practice. The building's single-story design ensures easy navigation and accessibility for patients and staff. With its multiple suite configuration, this property offers flexibility for various business needs. Inquire today to learn more about this exceptional opportunity.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1992
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 10,712 SF
Lot 1.03 ac (44,867 SF)
Zoning code HI
APN 080 071
UPID US22-3692031

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
  • Alternative Medicine Practice
  • Alternative Medicine Practice
  • Computer & Electronic Repair Tech Support Center
  • Employment Agency
  • (Bike/Boat/Book/etc) Store

Location

101 Demorest Sq Dr Demorest, GA 30535-6044
Demorest metro Census 502 CORNELIA, GA MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$325k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$325k

Owner & transaction history

since 2007
1 recorded transaction
2007
$533,000

Zoning & alternative use

HI · Demorest, GA

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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