Financial
Distress signals
Property profile

322 Merchants Way Cornelia, GA 30531

OFF-MARKET
Commercial real estate
Property ID
US22-1313703
12,180 SF 1.05 ac lot Built 2002
Last sale Dec 2022 · $800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$10k
Tax billed · 2024
Assessed value$369k
Assessed land$157k
Assessed improvement$213k
Effective rate2.60%

Value estimate

· Sep 2026
$880k
$792k – $968k
AI approach$815k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$88/SF
ZIP average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$54 – $130

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
HB
The HB, Highway Business District is intended to establish and maintain an area suitable for large scale and high-traffic commercial uses...
General categoryCOMMERCIAL
JurisdictionHABERSHAM

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm8.7
Pawn Shop8.6
Shoe Repair8.6

Location

322 Merchants Way Cornelia, GA 30531-4708
County assessor Recorded deeds · 2 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

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1047 Airport, Cornelia, GA 30531-5603 $300,000 Feb 2025 12,000 SF
121 Hodges, Cornelia, GA 30531-3254 $342,000 Nov 2023 5,764 SF
639 Irvin, Cornelia, GA 30531-3267 $175,000 Aug 2023 10,296 SF
Larkin, Cornelia, GA 30531 $2,950,000 May 2022 15,000 SF
4034 Pea Rdg, Cornelia, GA 30531-8100 $1,695,000 Feb 2022 9,276 SF
660 Baldwin, Cornelia, GA 30531-5763 $500,000 Dec 2021 13,845 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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