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Property profile & analytics

3997 Lake Sinclair Dr Sparta, GA 31087

  • Turn key restaurants
  • 1,792 SF
  • 0.63 lot acres
Value Estimation
Location Intelligence
Property ID
US22-3420756
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.

Current Use by Public Records

  • Turn key restaurants

Property Details for 3997 Lake Sinclair Dr

Year built
2004
Construction
WOOD
Lot size
0.63 lot acres
Property size
1,792 SF
Zone code
RESIDENTIAL
Property type
Turn key restaurants
APN
012A 029
APU
012A029

Description

This exceptional commercial property, located at 3997 Lake Sinclair Drive, Sparta, GA 31087, presents a unique investment opportunity. The 3,217 square foot building sits on over an acre of land and is currently operating as the well-known Elmo's Red Bar & Grill. The sale includes all commercial equipment necessary for immediate operation, encompassing tables, chairs (indoor and outdoor), freezers, refrigerators, coolers, a pizza oven, and ample tableware. The property features a large bar, an indoor dining room, and an expansive outdoor deck with a bar and open seating area. An entertainment stage is ideal for live music, karaoke, or other events. Additional features include three upstairs bathrooms, a lower-level room (suitable for storage, a game room, or even an apartment) with a bathroom, washer, and dryer, and a sizable concrete parking lot. This turnkey operation is ready for a new owner to continue serving the thriving Lake Sinclair community. The property's established reputation and comprehensive equipment package make this an attractive proposition for a seasoned restaurateur or a first-time business owner seeking a ready-made enterprise. This is a chance to own a successful business in a growing area.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Sparta
County
Hancock
State
Georgia
Longitude
-83.2172
Latitude
33.2173
CBSA code
33300
CBSA name
MILLEDGEVILLE, GA MICROPOLITAN 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
$2,087
$10,000
$53,735
$63,735
-
$25,000
$134,337
$159,337
More about this property
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