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Property profile & analytics
OFF-MARKET Estimated value $3,585,000
Theaters & concert halls

1051 Morris Rd Madison, GA 30650-3756

19,286 SF 26.1 ac lot Built 2018
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US22-3571526
Property profile
Verified
Property type Theaters & concert halls
Use group ARENA, CONVENTION CENTER
Year built 2018
Total area 19,286 SF
Lot 26.1 ac (1,136,916 SF)
Zoning code AR
APN 035 033
UPID US22-3571526
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
Current use
Occupant on record · Public records
  • Piedmont Equine Associates Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$3.42M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.59M
Owner & transaction history
Terravet III Avg Master LLC · 4 yrs held
Terravet III Avg Master LLC
since 2022
Last sale
$3.6M
7 recorded transactions
2022
$3.6M
2018
Price N/A
2017
Price N/A
2013
Price N/A
2010
$195,000
2010
$52,641
2010
$150,000
Zoning & alternative use
AR · Madison, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Multi-Family High Residential District (R8), and Agricultural/Single-Family Residential District (AR). 610.1 General Provisions. In these residential zoning districts, no building shall be erected, remodeled, extended, constructed, reconstructed, moved, or structurally altered, nor shall any building or land be used for any purpose except as hereinafter spec…

Zone name Agricultural And Single Family Residential District
General category RESIDENTIAL
Zone area 123.01 ac
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