Property profile

1927 Hwy 138th NE Conyers, GA 30013

OFF-MARKET
Strip malls
Property ID
US22-1638152
18,000 SF 2.58 ac lot Built 2007
Entity Owned 5-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This thriving liquor store in Conyers, Georgia, presents a unique investment opportunity. Located at 1927 Hwy 138, this four-year-old, 2,700 square foot retail space boasts impressive gross sales ranging from $700,000 to $800,000 annually, yielding profit margins between 25% and 30%. The current owners are motivated sellers, pursuing other ventures, making this a truly exceptional deal at an asking price of $100,000. The property sits on a one-acre lot and includes modern fixtures, a substantial 15-door walk-in cooler, and a comprehensive security system. The current inventory is valued at $160,000. A monthly lease of $4,800 is in place. Significant growth potential exists through the addition of lottery sales and expanded product offerings. Detailed profit and loss statements are available for qualified buyers. This is a turnkey operation ready for a new owner to step in and continue its success. The sale must close before December 31st. Serious inquiries only.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2007
Total area 18,000 SF
Lot 2.58 ac (112,385 SF)
Zoning code BG
APN 071-0-01-0093
UPID US22-1638152

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic
  • Dental Office
  • Specialty Food Shop Wine and Liquor Store
  • Alternative Medicine Practice

Location

1927 Hwy 138th NE Conyers, GA 30013-1253
Conyers metro Census 60305 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.58M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.73M
Blend (final) Blend
$2.49M

Owner & transaction history

since 2021
Last sale
$2.8M
5 recorded transactions
2021
$2.8M
2020
Price N/A
2017
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

BG · Conyers, GA
Zoning description

The purpose of the BG District is to provide suitable areas for the various types of community and regional oriented commercial activities including retail uses and wholesale uses, serving a large sector of the community…

General category COMMERCIAL
Top alternative use upside
Restaurant $2.4M +113.4%
Commercial (general) $2.1M +83.2%
Medical building $1.8M +57.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1927 Hwy 138th NE?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message