Technical
Financial
Distress signals
Property profile

230 Merchants Way Cornelia, GA 30531

OFF-MARKET
Turn key restaurants
Property ID
US22-0805785
1,638 SF 0.5 ac lot Built 2003
Entity Owned 13-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2003
Construction STEEL FRAME
Total area 1,638 SF
Lot 0.5 ac (21,780 SF)
Zoning code HB
APN 082 051B
UPID US22-0805785

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
  • Take-out & Catering

Location

230 Merchants Way Cornelia, GA 30531-4703
Cornelia metro Census 502 CORNELIA, GA MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$185k

Owner & transaction history

since 2013
2 recorded transactions
2013
$110,000
2013
Price N/A

Zoning & alternative use

HB · Cornelia, GA
Zoning description

disturbance permit or building permit in the HB district. Site plans shall be certified by a Georgia licensed engineer or surveyor and shall, at a minimum, show: - A field run topographic survey with a maximum contour of…

General category COMMERCIAL

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
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