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Financial
Distress signals
Property profile

2038 Broad St Lumpkin, GA 31815

FOR SALE
Other warehouses
Property ID
US22-3537111
12,780 SF 0.38 ac lot Built 1978
Last sale Oct 2022 · $1,500
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a commercial building in Lumpkin, Georgia that was historically used as a grocery store. It has an open warehouse-style layout with dedicated office space and one bathroom, totaling over 12,000 square feet of commercial area. The building includes a loading dock and a large parking area, and it provides approximately 280 feet of road frontage. Zoning is C-3, and the existing configuration and space can support a range of uses, including retail store use, warehouse use, or a multi-tenant retail establishment.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$839
Tax billed · 2023
Assessed value$18k
Assessed land$2k
Assessed improvement$16k
Effective rate4.61%

Value estimate

· Oct 2026
$320k
$288k – $352k
NOI build-up
Gross scheduled income$82k
Vacancy & credit loss−$6k
Operating expenses−$23k
NOI · 15.25% cap applied$53k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
15.25%
$53k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
COMMERCIAL
JurisdictionSTEWART

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand index
Electrical Service8.6
Building Supply8.2
Storage Facility8.1

Location

2038 Broad St Lumpkin, GA 31815
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 6 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Lumpkin, GA 31815 $23,650 Jul 2025 6,000 SF
148 Old Chestnut, Lumpkin, GA 31815 $60,000 Jan 2023 3,750 SF
242 Main, Lumpkin, GA 31815 $27,000 Sep 2022 10,205 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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