Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2351 Hwy 113 Taylorsville, GA 30178-1870
    Back to Search
    Property profile & analytics

    2351 Hwy 113 Taylorsville, GA 30178-1870

    View on Map
    • Turn key restaurants
    • 4,226 SF
    • 4.59 lot acres
    Off-Market
    Last Sale Feb 12, 2025
    $1,000,000
    Property ID
    US22-1371582
    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.
    Value Estimations
    $995,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 2351 Hwy 113

    Year built
    2004
    Lot size
    4.59 lot acres
    Property size
    4,226 SF
    Zone code
    C-1
    Property type
    Turn key restaurants
    APN
    0032-1124-005
    APU
    321124005

    Description

    This exceptional mixed-use property, located at 2351 Highway 113 in Taylorsville, Georgia, presents a unique investment opportunity. The 4.485-acre lot boasts significant highway frontage, ensuring high visibility and accessibility. Built in 2004, the single building currently operates as a restaurant and bar, complete with existing kitchen equipment and restaurant furniture included in the sale. The spacious layout offers ample room for various commercial ventures, allowing for either continued operation as a food and beverage establishment or creative repurposing to suit your business needs. A large fenced area provides substantial storage space, ideal for vehicles or equipment. Additionally, an upstairs loft area offers extra storage capacity. The asking price for this turnkey property is $1,100,000. Situated in Bartow County, Georgia, with a 30178 zip code, this property's prime location and versatile design make it an attractive proposition for discerning investors seeking a profitable venture in a thriving area. The property's size and existing infrastructure offer significant potential for growth and expansion. Don't miss this chance to acquire a well-established commercial property with immense potential.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,130,000
      ML approach
      $1,105,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $753,000
      Market price range: $630k - $2.61M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Taylorsville
    County
    Bartow
    State
    Georgia
    Longitude
    -84.9276
    Latitude
    34.1004
    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
    $5,743
    $36,720
    $198,653
    $235,373
    -
    $91,800
    $496,633
    $588,433

    Comparable in this City

    • Value Estimation by Request
      1,200 SF

      Cartersville Hwy

      DRUG STORE, PHARMACY • 1,200 SF
      Cartersville Hwy, Taylorsville, GA 30178
      View Details
    • Value Estimation by Request
      1,920 SF

      149 Church St

      CONVENIENCE STORE • 1,920 SF
      149 Church St, Taylorsville, GA 30178-1904
      View Details
    • Value Estimation by Request
      9,014 SF

      2335 Ga-113

      Individual retail properties • 9,014 SF
      2335 Ga-113, Taylorsville, GA 30178
      View Details
    • Value Estimation by Request
      6.99 Acres

      Satcher Rd

      Land • 6.99 Acres
      0 Satcher Rd, Taylorsville, GA 30178
      View Details
    • Value Estimation by Request
      11.96 Acres

      2341 Hwy 113

      VACANT COMMERCIAL LAND • 11.96 Acres
      2341 Hwy 113, Taylorsville, GA 30178-1870
      View Details
    • Value Estimation by Request
      1,872 SF

      11 Euharlee St

      OFFICE (GENERAL) • 1,872 SF
      11 Euharlee St, Taylorsville, GA 30178
      View Details

    Similar Nearby for Sale

    • $176,175
      3.92 Acres

      Land in Taylorsville, Georgia

      3.915 acre lot perfect to build your dream home.
      Tract 1 Taylorsville Macedonia Rd, Taylorsville, GA 30178
      View Details
    • $190,000
      6.35 Acres

      Wooded Land in Taylorsville, GA

      6.347 acres of wooded land with utilities available.
      84 Popham Rd, Taylorsville, GA 30178
      View Details
    • $441,990
      49.24 Acres

      49 Acres Timber Tract

      49+ acre timber tract in sought-after Bartow County, Georgia.
      49 Acres Iron Hl Rd, Taylorsville, GA 30178
      View Details
    • $1,126,400
      35.20 Acres

      35.2 Acres in Taylorsville, GA

      35.2 acres with road frontage, suitable for agriculture or development.
      Taylorsville Macedonia Rd, Taylorsville, GA 30178
      View Details
    • $3,694,320
      410.00 Acres

      410 Acres Premium Timberland

      Timberland in Taylorsville, GA with investment and development potential.
      John Kay Rd, Taylorsville, GA 30178
      View Details
    • $525,000

      Bartow County Land For Sale

      34.95 acre property in South West Bartow County.
      Lucas Rd, Taylorsville, GA 30178
      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.
    2351 Hwy 113
    Taylorsville, GA 30178-1870
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2351 Hwy 113, Taylorsville, GA, 30178
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!