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Property profile & analytics
OFF-MARKET Estimated value $5,460,000
Grocery and convenience stores

2400 Hwy 138th SW Fayetteville, GA 30214-8662

12,362 SF 2.9 ac lot Built 2003
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US22-1517010
Property summary
AI-generated overview

This exceptional 6,500 square foot commercial property, located at 2400 Highway 138 SW in Fayetteville, Georgia (zip code 30214), presents a unique investment opportunity. The building, constructed in 2003, is a single-story structure with a total of four suites. Currently, 1,600 square feet of versatile space is immediately available, previously used as a dance studio. This space is easily adaptable for various uses, including office space, retail, a gym, or a studio. An additional 1,400 contiguous square feet is also available for lease, offering a total of 3,000 contiguous square feet. The property boasts ample parking with 40 spaces and sits on a 2.9-acre lot, zoned C3. The building's location at the intersection of Highways 314 and 138 ensures high visibility and foot traffic, benefiting from its proximity to a thriving shopping center anchored by a Texaco/Subway/Convenience Store. The property is classified as Class C and features a floor area ratio (FAR) of 0.08. This prime location in the Fayette/Coweta County submarket (South Atlanta cluster) offers excellent potential for businesses seeking a high-traffic, easily accessible location. Minimum divisible space is 1,400 square feet. The property's APN is 1306 018.

Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 2003
Construction FRAME
Total area 12,362 SF
Lot 2.9 ac (126,324 SF)
Zoning code C CC
APN 1306 018
UPID US22-1517010
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Synergy for Business Coworking & Hybrid Office
  • Sinan Express Freight Service Logistics Company
  • Texaco Gas Station
  • Longway Direct (Bike/Boat/Book/etc) Store Auto Parts Store
  • DigitalMint Bitcoin ATM Atm Currency Exchange Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$5.98M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.46M
Owner & transaction history
Zr Cloverdale LLC · 4 yrs held
Zr Cloverdale LLC
since 2022
Last sale
$4.9M
7 recorded transactions
2022
$4.9M
2022
Price N/A
2020
$4.1M
2019
$3.0M
2019
$2.9M
2014
$1.0M
2010
Price N/A
Zoning & alternative use
C CC · Fayetteville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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