116 Commerce Ave Lagrange, GA 30241
For Sale
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
16- CR-MX · Lagrange, GANo recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.