438 Irvin St Cornelia, GA 30531
Property profile & analytics
438 Irvin St Cornelia, GA 30531
- Warehouses
- 6,888 SF
- 0.57 lot acres
Property ID
US22-1108872
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.
Location Intelligence
Current Use by Public Records
- Warehouses
Property Details for 438 Irvin St
- Year built
- 1937
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.57 lot acres
- Property size
- 6,888 SF
- Zone code
- LI
- Property type
- Warehouses
- APN
- 089B056
- APU
- 089B056
Description
This exceptional income-producing property, located at 438 Irvin Street in the heart of Cornelia, GA, presents a compelling investment opportunity. Boasting a substantial 17,200 square feet on a 0.59-acre lot, this building offers a unique blend of history and modern functionality. Originally constructed in 1937 as the Cornelia Ice and Coal Plant, architectural elements from this era remain, adding character and historical significance. Subsequently improved and expanded in 1979, the property seamlessly blends its rich past with its current commercial viability. The building features a 1,032 square foot office space complete with a full bathroom and living quarters, ideal for on-site management or additional income generation. A former kitchen area is adjacent to the office. Three roll-up doors provide convenient access for loading and unloading, with the largest door offering drive-in capabilities. The front door is dock-high, and an additional ground-level side door enhances accessibility. The office area benefits from central heat, a sprinkler system, and a full bathroom. Five auxiliary natural gas wall heaters supplement the heating system. The expansive warehouse space is generously illuminated by overhead skylights, creating a bright and productive work environment. Currently occupied by an active tenant, this property offers a strong 8% CAP rate, making it an attractive investment for discerning buyers. This property is priced at $519,000.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Cornelia
- County
- Habersham
- State
- Georgia
- Longitude
- -83.5301
- Latitude
- 34.5096
- CBSA code
- 18460
- CBSA name
- CORNELIA, 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
2024
$3,610
$15,576
$123,500
$139,076
-
$38,940
$308,750
$347,690
