4801 Lamb Ave Union Point, GA 30669-1120
- Grocery and convenience stores
- 3,200 SF
- 0.41 lot acres
Current Use by Public Records
- Grocery and convenience stores
Property Details for 4801 Lamb Ave
- Year built
- 1984
- Construction
- WOOD
- Lot size
- 0.41 lot acres
- Property size
- 3,200 SF
- Property type
- Grocery and convenience stores
- APN
- U09-0-00-013-0
- APU
- U090000130
Description
This exceptional investment opportunity presents a 3,200 square foot convenience store situated on a 0.41-acre lot in Union Point, Georgia. The property, classified as Class C retail, is currently 100% occupied under a Net Lease agreement with 12 years remaining on the lease, generating a monthly income of $3,800. The asking price is $1,200,000, translating to $375 per square foot. The single-story building is part of a larger complex that also includes a barber shop rental, adding to the overall income potential. Located at 4801 Lamb Ave, Union Point, GA 30669, this property enjoys a strategic location, only 36 miles from Athens, GA, and an hour from Augusta, GA. The sale includes the real estate and is offered as-is. This is a strong, passive income-generating investment opportunity with significant remaining lease term. The property is owned by a corporation and is sold as a net lease investment. This turnkey operation requires minimal management, making it an attractive option for investors seeking a stable and profitable addition to their portfolio. The property's location and existing lease provide a solid foundation for long-term growth and return on investment.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $335,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $340,000
- 6.5%
- $300,000
- 7%
- $310,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $280,000
- Geo Method
- $320,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $335,000
- Retail
- $260,000
- Mixed-Use
- $305,000
- Hospitality
- $345,000
- Educational
- $315,000
- Residential Income
- $340,000
- Energy
- $315,000
- Income-Based Land
- $330,000
- Food Service
- $280,000
Location Insight
- Map
- Local Demand
- City
- Union Point
- County
- Greene
- State
- Georgia
- Longitude
- -83.0756
- Latitude
- 33.6133