Technical
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Property profile

408 Ct St Calhoun, GA 30701

OFF-MARKET
Community centers
Property ID
US22-1600235
7,400 SF 0.6 ac lot Built 2004
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 7,400-square-foot commercial property, located at 408 Court Street in Calhoun, Georgia, presents a unique investment opportunity. Built in 2004, this single-tenant space sits on a 0.6-acre lot and is zoned C1 Commercial, offering significant flexibility for a variety of uses. The building's prime downtown location ensures high visibility and accessibility. The entire 7,400 square feet is currently vacant, providing a blank canvas for a new business to establish its presence. The property's spacious layout is ideal for an executive office suite or a retail establishment, catering to diverse business needs. Its location in Gordon County, Georgia, with a 30701 zip code, offers easy access to local amenities and transportation routes. While the building is currently listed as a single-tenant space, it was previously divided into three suites (5,614 SF total), offering potential for future subdivision and lease flexibility. The previous lease structure included options for leasing the entire space for $4,500 per month with a $4,500 deposit on a three-year net lease, or leasing Suite 3 separately for $1,500 per month and Suites 1 & 2 together for $3,000 per month. This property offers a compelling combination of size, location, and adaptability, making it an attractive proposition for discerning investors and businesses seeking a prominent presence in Calhoun's thriving commercial district.

Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 2004
Total area 7,400 SF
Lot 0.6 ac (26,136 SF)
Zoning code C-1
APN C12 - -117
UPID US22-1600235

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

408 Ct St Calhoun, GA 30701-5319
Calhoun metro Census 970602 CALHOUN, GA MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

since 2023
7 recorded transactions
2023
Price N/A
2021
Price N/A
2012
$195,100
2012
$350,000
2006
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C-1 · Calhoun, GA
Zoning description

The intent of this zone is to promote Central Business District

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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