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Property profile & analytics
OFF-MARKET
Turn key restaurants

1662 Broad St Commerce, GA 30529-2408

5,100 SF 0.08 ac lot Built 1890
Entity Owned 19-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US22-2143632
Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1890
Total area 5,100 SF
Lot 0.08 ac (3,485 SF)
Zoning code CBD
APN C14 120A
UPID US22-2143632
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
  • Opera House Dance Academy Gym & Fitness Center
  • El Parian Mexican Bar & Grill Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Opera House LLC · 19 yrs held
Opera House LLC
since 2007
2 recorded transactions
2007
Price N/A
1969
Price N/A
Zoning & alternative use
CBD · Commerce, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Sec. 2-213. CBD, Central Business District. (a) Purpose and intent. The CBD zoning district is intended to concentrate commercial stores within mixed-use centers. This district is unique in that the existing development pattern consists of buildings covering all or very large percentages of the lot, little if any building setbacks on front, side, and rear pr…

Zone name Central Business District
General category COMMERCIAL
Zone area 69.12 ac
Source Zoning Ordinance
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