Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1940 Eatonton Rd Madison, GA 30650-4603

    • Drive through restaurants
    • 3,206 SF
    • 1.10 lot acres
    OFF-MARKET
    Value Estimation
    $2,400,000
    Last Sale
    Feb 20, 2023
    $2,300,000
    Location Intelligence
    Property ID
    US22-3729434
    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

    • Dairy Queen Grill & Chill / Fast Food Restaurant / Ice Cream Shop

    Property Details for 1940 Eatonton Rd

    Year built
    2014
    Lot size
    1.10 lot acres
    Property size
    3,206 SF
    Zone code
    C4
    Property type
    Drive through restaurants
    APN
    037 157 B
    APU
    037157B

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,495,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,470,000
      6.5%
      $2,635,000
      7%
      $2,725,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,310,000
      Geo Method
      $2,120,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,240,000
      Retail
      $2,675,000
      Mixed-Use
      $2,695,000
      Hospitality
      $2,485,000
      Educational
      $2,000,000
      Residential Income
      $2,690,000
      Energy
      $2,425,000
      Income-Based Land
      $2,145,000
      Food Service
      $2,105,000

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Morgan
    State
    Georgia
    Longitude
    -83.4765
    Latitude
    33.5606
    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
    $10,792
    $180,000
    $179,175
    $359,175
    -
    $450,000
    $447,938
    $897,938

    Comparable in this City

    • Value Estimation
      $520,000
      6,572 SF

      1670 Bethany Church Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 6,572 SF
      1670 Bethany Church Rd, Madison, GA 30650-5012
      View Details
    • Value Estimation
      $2,145,000
      4,706 SF

      1970 Eatonton Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,706 SF
      1970 Eatonton Rd, Madison, GA 30650-4603
      View Details
    • Value Estimation
      $610,000
      4,124 SF

      2010 Eatonton Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,124 SF
      2010 Eatonton Rd, Madison, GA 30650-5000
      View Details
    • Value Estimation
      $380,000
      3,100 SF

      250 2nd St

      DRIVE-THRU RESTAURANT, FAST FOOD • 3,100 SF
      250 2nd St, Madison, GA 30650-1318
      View Details
    • Value Estimation
      $630,000
      1,976 SF

      1783 Eatonton Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 1,976 SF
      1783 Eatonton Rd, Madison, GA 30650-4683
      View Details
    • Value Estimation
      $485,000
      2,976 SF

      1961 Eatonton Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,976 SF
      1961 Eatonton Rd, Madison, GA 30650-4670
      View Details

    Similar Nearby for Sale

    • $2,193,880
      7,830 SF

      Truist Bank - Madison, GA

      Net-leased bank, strong tenant, great ROI.
      286 Hancock St, Madison, GA 30650
      View Details
    • $9,206,906
      63,089 SF

      Madison Crossing Shopping Center

      High-Yield Retail Investment in GA
      1700 Eatonton Rd, Madison, GA 30650
      View Details
    • $393,750
      1.75 Acres

      Madison Industrial Lot - Prime Location

      1.75 Acres, I-20 Proximity, Utilities Available
      3 Commerce Dr Industrial Park, Madison, GA 30650
      View Details
    • Contact for pricing
      36,100 SF

      Madison Industrial Property For Sale

      36,100 square foot industrial property in Madison, Georgia.
      100 Amtico Rd, Madison, GA 30650
      View Details
    • $179,900
      5.00 Acres

      Building Lot Near Madison, GA

      Building lot near Madison, ready for construction with ideal cleared spot.
      4 Seven Islands Rd, Madison, GA 30650
      View Details
    • $150,000

      Waterfront Lot Ready For Dock

      Waterfront lot with dock permit approval and water meter.
      1061 Apalachee Shr Ct, Madison, GA 30650
      View Details

    Similar Nearby for Lease

    • $7 SF/Yr
      13,813 SF

      Former Retail Building Near I-20

      Former Rite Aid building near Chick-Fil-A, Walmart, and I-20.
      1770 Eatonton Rd, Madison, GA 30650
      View Details
    • New
      $4,000 /Mo
      4,324 SF

      Downtown Madison Live-Work Space

      Circa 1895 mixed-use property in downtown Madison for rent.
      270 S Main St, Madison, GA 30650
      View Details
    • $750 /Mo
      1,198,336 SF

      Office Suites in Madison, GA

      Cost-effective office solutions for professionals and small businesses.
      1140 Monticello Hwy, Madison, GA 30650
      View Details
    • Contact for pricing

      Industrial Land for Lease

      Industrial land available for lease with Freeport Tax Exemption.
      Pierce Dairy Rd, Madison, GA 30650
      View Details
    • $1,650 /Mo
      1,080 SF

      Madison Office Suite For Rent

      Office suite near I-20 with flexible layout.
      2151 Eatonton Rd, Madison, GA 30650
      View Details
    • $100 SF/Yr
      871 SF

      Flexible Workspace in Madison, Georgia

      Dynamic coworking space fostering collaboration and growth for professionals.
      207 W Jefferson St, Madison, GA 30650
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1940 Eatonton Rd
    Madison, GA 30650-4603
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.