Financial
Distress signals
Property profile

460 Aerodrome Way Griffin, GA 30224

FOR SALE
Commercial land
Property ID
US22-0780588
0.2 ac lot
Last sale Mar 2019 · $233,300
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 31.11-acre property in Griffin, GA, presents a unique investment opportunity. Currently operating as a thriving entertainment and recreational venue, "The Lake Pavilion" boasts a 5,000 square foot covered pavilion, complete with a large stone fireplace, restrooms, and a kitchenette ideal for event preparation. The pavilion offers stunning panoramic lake views, perfect for hosting a wide range of events, from weddings and corporate gatherings to concerts and family reunions. The property's versatility extends beyond the pavilion

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$42
Tax billed · 2023
Assessed value$1k
Assessed land$1k
Effective rate3.61%

Value estimate

· Sep 2026
$270k
$243k – $297k
AI approach$270k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$156/SF
Submarket average, outlier-cleaned · 41 recorded sales of this use type
Observed band · Q1–Q3$56 – $352

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C2
JurisdictionSPALDING

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency12.7
Restaurant10.6
Hair Salon10.4

Location

460 Aerodrome Way Griffin, GA 30224
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2070 Williamson, Griffin, GA 30224-5421 $400,000 Mar 2025 No data
Carver, Griffin, GA 30224 $200,000 Dec 2024 No data
1278 Enterprise, Griffin, GA 30224-3980 $525,000 Oct 2024 No data
6th S, Griffin, GA 30224 $410,000 May 2024 No data
2307 Williamson, Griffin, GA 30224-5424 $696,977 Apr 2024 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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