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    20 Spring Rd Molena, GA 30258

    • Drive through restaurants
    • 4,320 SF
    • 0.06 lot acres
    For Sale
    View listing
    $650,000
    Value Estimation
    Last Sale
    Jun 22, 2022
    $715,000
    Location Intelligence
    Property ID
    US22-0915208
    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

    • Drive through restaurants

    Property Details for 20 Spring Rd

    Year built
    1950
    Lot size
    0.06 lot acres
    Property size
    4,320 SF
    Zone code
    RESIDENTIAL
    Property type
    Drive through restaurants
    APN
    019A-014
    APU
    019A014

    Description

    This exceptional investment opportunity encompasses two adjoining properties at 20 and 30 Spring Road, nestled in the heart of historic downtown Molena, Georgia. The combined buildings offer a substantial 4,320 square feet of space, presenting a unique chance to establish a thriving bed and breakfast or explore a variety of other commercial ventures. The main structure features four upstairs bedrooms and a convenient laundry room. The ground floor boasts a captivating bar and well-equipped prep area, perfect for entertaining guests or hosting events. A dedicated dance floor area adds to the versatility of the space, creating possibilities for diverse uses. Adding to the appeal, a separate cabin situated behind the main buildings is included in the sale. This charming cabin provides additional accommodation or potential for expansion. The sale includes three separate parcel IDs: 019A 020, 019A 014, and 019A 015, encompassing a total of 0.06 acres of land. This property offers a rare blend of historical charm, ample space, and prime downtown location, making it an ideal investment for discerning buyers seeking a unique and profitable venture in the vibrant town of Molena. The property is priced at $875,000.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $680,000

    • CAP approach

      CAP return
      Estimation
      6%
      $675,000
      6.5%
      $710,000
      7%
      $660,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $685,000
      Geo Method
      $725,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $785,000
      Retail
      $740,000
      Mixed-Use
      $595,000
      Hospitality
      $660,000
      Educational
      $685,000
      Residential Income
      $645,000
      Energy
      $605,000
      Income-Based Land
      $615,000
      Food Service
      $585,000

    Location Insight

    • Map
    • Local Demand
    City
    Molena
    County
    Pike
    State
    Georgia
    Longitude
    -84.4998
    Latitude
    33.0116
    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
    $1,915
    $1,987
    $44,693
    $46,680
    -
    $4,968
    $111,733
    $116,701

    Comparable in this City

    • Value Estimation
      $420,000
      2,000 SF

      14 Spg Rd

      RESTAURANT • 2,000 SF
      14 Spg Rd, Molena, GA 30258-2804
      View Details
    • Value Estimation by Request
      3,050 SF

      7376 Crst Hwy

      CONVENIENCE STORE • 3,050 SF
      7376 Crst Hwy, Molena, GA 30258-3905
      View Details
    • Value Estimation
      $700,000
      2,160 SF

      30 Spg Rd

      RETAIL STORES (PERSONAL SERVICES) • 2,160 SF
      30 Spg Rd, Molena, GA 30258
      View Details
    • Value Estimation by Request
      468 SF

      215 Jct Rd

      BARBER, HAIR SALON • 468 SF
      215 Jct Rd, Molena, GA 30258-3511
      View Details
    • Value Estimation by Request
      1,798 SF

      Main St

      AUTO REPAIR, GARAGE • 1,798 SF
      Main St, Molena, GA 30258
      View Details
    • Value Estimation by Request
      1,728 SF

      Ga Hwy 109

      RETAIL STORES (PERSONAL SERVICES) • 1,728 SF
      Ga Hwy 109, Molena, GA 30258
      View Details

    Similar Nearby for Sale

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      Downtown Molena Commercial Opportunity

      Two brick buildings ideal for restaurant, retail, or hospitality.
      20 Spring Rd, Molena, GA 30258
      View Details
    • $99,900
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      7.45 acres in Pike County with existing well/septic.
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      Pike County Wooded Land

      10.54 acre wooded lot in Pike County, Georgia.
      TB1 Roberts Quarters Rd, Molena, GA 30258
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    • $150,000
      9.61 Acres

      9.61 Acre Wooded Lot

      9.61 acre wooded lot in Pike County, Georgia.
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    • $90,000
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      Pike County Land Opportunity

      6.44 acre lot in Pike County, Georgia.
      Old Lifsey Springs Rd, Molena, GA 30258
      View Details
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    20 Spring Rd
    Molena, GA 30258
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    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
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