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    Property profile & analytics

    129 Commerce Ave Lagrange, GA 30241-2304

    • Drive through restaurants
    • 2,560 SF
    • 0.34 lot acres
    OFF-MARKET
    Value Estimation
    $1,480,000
    Last Sale
    Apr 01, 2024
    $1,500,000
    Location Intelligence
    Property ID
    US22-1820961
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Zaxby's Chicken Fingers & Buffalo Wings / Fried Chicken Takeaway / Delivery Restaurant

    Property Details for 129 Commerce Ave

    Year built
    1976
    Lot size
    0.34 lot acres
    Property size
    2,560 SF
    Zone code
    16- CR-MX
    Property type
    Drive through restaurants
    APN
    0502C005027
    APU
    0502C005027

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,500,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,515,000
      6.5%
      $1,535,000
      7%
      $1,365,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,475,000
      Geo Method
      $1,505,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,350,000
      Retail
      $1,295,000
      Mixed-Use
      $1,125,000
      Hospitality
      $1,360,000
      Educational
      $1,550,000
      Residential Income
      $1,305,000
      Energy
      $1,335,000
      Income-Based Land
      $1,430,000
      Food Service
      $1,220,000

    Location Insight

    • Map
    • Local Demand
    City
    Lagrange
    County
    Troup
    State
    Georgia
    Longitude
    -85.0255
    Latitude
    33.0497
    CBSA code
    29300
    CBSA name
    LAGRANGE, GA-AL MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,319
    $68,000
    $163,680
    $231,680
    -
    $170,000
    $409,200
    $579,200

    Comparable in this City

    • Value Estimation
      $2,580,000
      2,174 SF

      1511 Lafayette Pkwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,174 SF
      1511 Lafayette Pkwy, Lagrange, GA 30241-2585
      View Details
    • Value Estimation
      $530,000
      3,920 SF

      146 Commerce Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,920 SF
      146 Commerce Ave, Lagrange, GA 30241-2338
      View Details
    • Value Estimation
      $345,000
      1,259 SF

      1509 Lafayette Pkwyf

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,259 SF
      1509 Lafayette Pkwyf, Lagrange, GA 30241-2513
      View Details
    • Value Estimation
      $800,000
      3,221 SF

      1488 Lafayette Pkwy

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,221 SF
      1488 Lafayette Pkwy, Lagrange, GA 30241-2592
      View Details
    • Value Estimation
      $300,000
      2,932 SF

      116 Commerce Ave

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,932 SF
      116 Commerce Ave, Lagrange, GA 30241-2338
      View Details
    • Value Estimation
      $365,000
      2,410 SF

      1509 Lafayette Pkwyd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,410 SF
      1509 Lafayette Pkwyd, Lagrange, GA 30241-2513
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,932 SF

      LaGrange Retail Space - 2932 SF

      Prime LaGrange location, vacant, high visibility.
      116 Commerce Ave, LaGrange, GA 30241
      View Details
    • Contact for pricing
      2,932 SF

      Retail Property in LaGrange, GA

      2,932 sq ft retail building in LaGrange, Georgia.
      116 Commerce Ave, Lagrange, GA 30241
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      LaGrange Commercial Lots For Sale

      Two commercial lots in downtown LaGrange near the college.
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      Prime Corner Lot in Lagrange

      High-visibility corner lot in a thriving retail hub with strong traffic.
      1250 Lafayette Pkwy, Lagrange, GA 30241
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      Commercial property in high-traffic area suitable for various businesses.
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      1.07 Acres

      Wooded Lot Near West Point Lake

      One-acre wooded building lot near West Point Lake access.
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    Similar Nearby for Lease

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      285,737 SF

      Lagrange Mall Retail Spaces Available

      Prime LaGrange retail space, multiple units.
      1501 Lafayette Pkwy, LaGrange, GA 30241
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    • Contact for pricing
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      LaGrange Marketplace Retail Space

      Prime LaGrange retail space available.
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    • $17 SF/Yr
      42,699 SF

      Lafayette Parkway Retail Center

      High-traffic retail space, LaGrange, GA
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    • Contact for pricing
      3,100 SF

      Retail Space in LaGrange Plaza

      Retail space available in Publix-anchored shopping center in LaGrange, GA.
      137-161 Commerce Ave, Lagrange, GA 30241
      View Details
    • Contact for pricing
      76,030 SF

      LaGrange Retail Space: Prime Location

      76,030 SF Retail Center, 12,000 SF Available
      209 Commerce Ave, LaGrange, GA 30241
      View Details
    • Contact for pricing
      90,000 SF

      New Warehouse Space Available

      Two 45,000 SF buildings for lease, completion Q4 2025.
      1921 Greenville Rd, Lagrange, GA 30241
      View Details

    Property Visit Statistics

    • Visits by month
      18.2k
    • Visitors by month
      14.1k
    • Avg Time on site
      17 min
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    129 Commerce Ave
    Lagrange, GA 30241-2304
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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