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Property profile & analytics
OFF-MARKET
Bars & Pubs

120 Columbia Dr Carrollton, GA 30117-2018

4,800 SF 0.72 ac lot Built 1977
Individually Owned 8-yr Hold Absentee Owner Free & Clear
Property ID
US22-1008080
Property summary
AI-generated overview

This exceptional restaurant opportunity in Carrollton, CA, presents a turnkey operation for aspiring restaurateurs. Located at 120 Columbia Dr, this 4,800 square foot free-standing building boasts high visibility and significant foot traffic, situated in a thriving commercial district. The property is currently operating as Rocky's Bar and Grill, offering a proven track record and established clientele. The 9-year net lease provides financial stability and predictability, with a monthly rent of $3,500. The property's prime location in Carrollton, GA, benefits from proximity to the Carrollton Cultural Arts Center and the University of West Georgia, ensuring a consistent flow of potential customers. This turnkey restaurant presents a rare opportunity to acquire an established business in a high-traffic area, offering immediate revenue generation and significant growth potential. The building's design and layout are well-suited for a variety of restaurant concepts, allowing for customization and adaptation to suit individual business needs. The asking price is $250,000, representing a compelling investment opportunity in a vibrant and growing community. This is an ideal opportunity for experienced restaurateurs or those seeking to enter the hospitality industry with a proven business model.

Property profile
Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1977
Construction CONCRETE BLOCKS
Total area 4,800 SF
Lot 0.72 ac (31,363 SF)
Zoning code M1
APN C02-043-0099
UPID US22-1008080
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
  • Rocky's Bar & Grill Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Kinjalben Patel · 8 yrs held
Kinjalben Patel
since 2018
2 recorded transactions
2018
$175,000
2018
Price N/A
Zoning & alternative use
M1 · Carrollton, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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