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Property profile & analytics
FOR SALE
Drive through restaurants

116 Commerce Ave Lagrange, GA 30241

2,932 SF 0.87 ac lot Built 1995
Entity Owned Absentee Owner Free & Clear
Property ID
US22-2756168
116 Commerce Ave, Lagrange, GA 30241 For Sale
Contact for pricing 2,932 SF
116 Commerce Ave, Lagrange, GA 30241
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Property summary
AI-generated overview

This exceptional retail property, located at 116 Commerce Ave in LaGrange, Georgia, presents a unique investment opportunity. The 2,932 square foot building sits on a 0.87-acre lot and boasts excellent street visibility, ensuring high traffic and exposure for any business. Previously occupied by a Chick-fil-A, this single-story, 1995-built structure is situated in a prime location within its trade area. The property is currently vacant and offers significant potential for a variety of uses, including a bank, quick-service restaurant (QSR), or other retail establishments. The zoning designation is Corridor Mixed Use District (CR-MX), allowing for diverse development options. The property's address is 116 Commerce Ave, LaGrange, GA 30241, within Troup County. Its convenient location is approximately 60 miles south of Atlanta and about 20 minutes north of the Alabama state line. LaGrange offers a blend of historic charm and modern amenities, supporting a diverse economy with a strong manufacturing sector. The building's single-story design and ample lot size provide flexibility for future renovations or expansions. This property is an ideal choice for entrepreneurs and investors seeking a high-visibility location in a thriving community. The property's Asset Parcel Number (APN) is 0502C011005B.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1995
Total area 2,932 SF
Lot 0.87 ac (37,897 SF)
Zoning code 16- CR-MX
APN 0502C011005B
UPID US22-2756168
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
CHICKFILA INC
CHICKFILA INC
Zoning & alternative use
16- CR-MX · Lagrange, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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