1920 Jesse Jewell SE Pkwy Gainesville, GA 30501-2558
Property profile & analytics
1920 Jesse Jewell SE Pkwy, Gainesville, GA 30501-2558
- Strip malls
- 7,984 SF
- 0.97 lot acres
Property ID
US22-3759484
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.
Location Intelligence
Current Use by Public Records
- Huddle House / Restaurant
- Cricket Wireless Authorized Retailer / Mobile Phone Store / Electronics & Wireless Store
- Sherwin-Williams Paint Store / Paint Manufacturer / Paint Store
Property Details for 1920 Jesse Jewell SE Pkwy
- Year built
- 2016
- Lot size
- 0.97 lot acres
- Zone code
- PUD
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 09-123 -000-023
- APU
- 9123000023
Description
This established Huddle House franchise in Gainesville, GA, presents a lucrative investment opportunity. Located at 1920 Jesse Jewell Pkwy SE #6154, this 2,500 square foot end-cap restaurant boasts 100 seats and is in excellent condition. Recent renovations in 2016 and 2018, along with ongoing upgrades to furniture, china, flatware, refrigeration, and kitchen equipment, ensure a modern and efficient operation. The restaurant enjoys a long-term lease with renewal options, minimizing operational risk. Financial performance is exceptional, with gross sales exceeding $653,905 in 2022 and a net profit of $179,626. Projected 2023 gross sales are targeting $1,000,000, with anticipated higher net profits. The business is fully staffed and turnkey, offering immediate operational capabilities. In-store training is available for a smooth transition. The franchise transfer fee is $8,750, with royalties at 4.75% and advertising at 3%. Current operating hours are 6 AM to 4 PM, seven days a week, presenting significant potential for revenue growth by extending operating hours. The asking price for this thriving business is $450,000. The property is part of a national franchise with 339 units across 23 states. Monthly rent is $6,389 all-inclusive.
Value Estimations
based on Realmo’s proprietary methodology
-
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $1,235,000 Current use
- MEDICAL BUILDING
- $1,705,000 Change: +38% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $1,520,000 Change: +23% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $1,300,000 Change: +5% Conversion: Easy
- OFFICE BUILDING
- $1,140,000 Change: -8% Conversion: Moderate
- RETAIL STORES
- $1,130,000 Change: -9% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Gainesville
- County
- Hall
- State
- Georgia
- Longitude
- -83.7954
- Latitude
- 34.3129
- CBSA code
- 23580
- CBSA name
- GAINESVILLE, 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
2024
$28,081
$413,720
$477,120
$890,840
-
$1,034,300
$1,192,800
$2,227,100
