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    139 City Hall Ave Bowdon, GA 30108-1554
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    139 City Hall Ave Bowdon, GA 30108-1554

    View on Map
    • Strip malls
    • 24,465 SF
    • 0.83 lot acres
    Off-Market
    Last Sale Dec 3, 2025
    $110,000
    Property ID
    US22-1382474
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • O'BERRY'S / Restaurant
    • PIN IT CO. / Interior Design / Home Decor Store
    • Finseck Repairs / Big Box & Wholesale Store / (Bike/Boat/Book/etc) Store
    • God's Gym - Bowdon Nutrition / Gym & Fitness Center
    • Salon 139 / Hair Salon / Nail Salon

    Property Details for 139 City Hall Ave

    Year built
    1955
    Lot size
    0.83 lot acres
    Property size
    24,465 SF
    Zone code
    I
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    B04-003-0001
    APU
    B040030001

    Description

    This exceptional investment opportunity presents a fully leased, 24,465 square foot retail center located at 139 City Hall Avenue in Bowdon, Georgia (zip code 30108). The property sits on a one-acre lot and features five fully built-out retail suites, currently boasting 100% occupancy. The tenant mix is diverse and includes restaurants, a gym, and a salon, ensuring a strong and stable income stream. The building boasts a desirable brick front, enhancing its curb appeal and contributing to its overall value. This is an investment-only sale, offering a compelling return for discerning investors seeking a turnkey retail property in a thriving Georgia market. The property's prime location in Carroll County provides excellent visibility and accessibility, making it an attractive destination for both tenants and customers. With its strong tenant base and proven income generation, this retail center represents a rare opportunity to acquire a high-performing asset in a desirable market. The asking price is $1,100,000. Detailed financial information is available upon request.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Bowdon
    County
    Carroll
    State
    Georgia
    Longitude
    -85.2509
    Latitude
    33.5382
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN 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
    $6,969
    $8,300
    $206,910
    $215,210
    -
    $20,750
    $517,276
    $538,026

    Comparable in this City

    • Value Estimation by Request
      14,400 SF

      140 City Hall Ave

      SHOPPING CENTER, STRIP CENTER • 14,400 SF
      140 City Hall Ave, Bowdon, GA 30108-1555
      View Details
    • Value Estimation
      $1,535,000
      13,100 SF

      1392 Hwy 166

      WHOLESALE OUTLET, DISCOUNT STORE • 13,100 SF
      1392 Hwy 166, Bowdon, GA 30108-2404
      View Details
    • Value Estimation
      $5,615,000
      40,890 SF

      Lovvorn Ave

      WHOLESALE OUTLET, DISCOUNT STORE • 40,890 SF
      Lovvorn Ave, Bowdon, GA 30108
      View Details
    • Value Estimation by Request
      3,500 SF

      817th E College St

      WHOLESALE OUTLET, DISCOUNT STORE • 3,500 SF
      817th E College St, Bowdon, GA 30108-1120
      View Details
    • Value Estimation by Request
      18,495 SF

      85 Kidspeace Dr

      WHOLESALE OUTLET, DISCOUNT STORE • 18,495 SF
      85 Kidspeace Dr, Bowdon, GA 30108-3449
      View Details
    • Value Estimation
      $1,125,000
      10,589 SF

      1467 Hwy 166

      WHOLESALE OUTLET, DISCOUNT STORE • 10,589 SF
      1467 Hwy 166, Bowdon, GA 30108-2407
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Downtown Bowdon Commercial Property

      Commercial property for sale in downtown Bowdon, Georgia.
      140 City Hall Ave, Bowdon, GA 30108
      View Details
    • $1,188,000
      11.00 Acres

      Bowdon Commercial Property For Sale

      Two buildings on 11 acres with highway frontage.
      1385 Highway 166 East, Bowdon, GA 30108
      View Details
    • $1,188,000
      Pending

      Bowdon Commercial Property on 11 Acres

      Two buildings totaling over 16,000 SF on 11 acres.
      1385 Highway 166 E, Bowdon, GA 30108
      View Details
    • Contact for pricing
      6,000 SF

      Bowdon Retail/Office Space Available

      Two built-out units in downtown Bowdon, suitable for retail/office.
      140 City Hall Ave, Bowdon, GA 30108
      View Details
    • Contact for pricing

      Downtown Bowdon Retail/Warehouse Condos

      Two retail/warehouse condos in downtown Bowdon, Georgia.
      140 City Hall Ave, Bowdon, GA 30108
      View Details
    • New
      $105,000
      4.00 Acres

      Bowdon, GA - 4 Acre Tract

      4-acre tract ready for construction near W Highway 166.
      1820 Highway 166 W, Bowdon, GA 30108
      View Details
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    Bowdon, GA 30108-1554
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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