Technical
Financial
Distress signals
Property profile

42 Ct Sq Blakely, GA 39823

OFF-MARKET
Turn key restaurants
Property ID
US22-2888488
1,081 SF 0.15 ac lot Built 1938
Individually Owned 7-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional offering presents a unique opportunity to acquire a thriving, established restaurant and its accompanying commercial real estate in Blakely, Georgia. Located at 42 Court Square, this 1,849 square foot property sits on a 0.15-acre lot and is priced at $575,000. The sale includes the entire business operation of Village Pizza, a beloved local establishment with over 15 years of consistent profitability. This turn-key operation is fully equipped and ready for immediate operation, eliminating the need for extensive setup or renovations. All furnishings, high-quality kitchen equipment, current inventory, and supplies are included, ensuring a seamless transition for the new owner. Village Pizza benefits from a prime location in a desirable commercial area, attracting a steady stream of customers and fostering a loyal local clientele. Financial records demonstrate consistent revenue generation, providing a strong foundation for continued success. The opportunity exists to further expand services, increase operating hours, or introduce new menu items to capitalize on the existing strong community presence and boost revenue even further. This comprehensive package offers a secure investment in both a profitable business and valuable commercial real estate. The property itself provides a stable asset in a thriving commercial area, making this a truly exceptional investment opportunity.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1938
Construction WOOD
Total area 1,081 SF
Lot 0.15 ac (6,534 SF)
Zoning code UNZONED RURAL
APN B021D08001
UPID US22-2888488

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

42 Ct Sq Blakely, GA 39823-2638
Blakely metro Census 90200
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

Zoning & alternative use

UNZONED RURAL · Blakely, GA

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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