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Property profile & analytics
OFF-MARKET Estimated value $14,710,000
Strip malls

355 Hist Hwy Cornelia, GA 30531

21,952 SF 15.25 ac lot Built 1985
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US22-2628674
Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1985
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 21,952 SF
Lot 15.25 ac (664,290 SF)
Zoning code HB
APN 083 015
UPID US22-2628674
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$14.71M
Owner & transaction history
Wdg Cornelia LLC · 4 yrs held
Wdg Cornelia LLC
since 2021
Last sale
$15.4M
4 recorded transactions
2021
$495,000
2019
$3.4M
2014
Price N/A
2006
$5.3M
Zoning & alternative use
HB · Cornelia, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 two f eet. - Location of all natural features on the property, including, b ut not limited to, state waters, streams, watercourses, drainag…

Zone name Highway Business District
General category COMMERCIAL
Zone area 350.49 ac
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