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Property profile & analytics
OFF-MARKET Estimated value $595,000
Turn key restaurants

502 Smith Ave Thomasville, GA 31792-5653

9,430 SF 2.09 ac lot Built 1965
Individually Owned Free & Clear
Property ID
US22-1114562
Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1965
Construction STEEL FRAME
Total area 9,430 SF
Lot 2.09 ac (91,040 SF)
Zoning code M
APN 009 040001
UPID US22-1114562
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Moore & Porter Produce Inc Agricultural Supply Food Market
  • Lewis Produce Co Food Market Specialty Food Shop
  • Federal-State Market News State Government Office
  • Mom & Son Soap Company (Bike/Boat/Book/etc) Store Cosmetic Store
  • US Agricultural Marketing Services Government
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$380k
CAP Approach CAP
by Request
Comparable Approach Comparable
$809k
Blend (final) Blend
$595k
Owner & transaction history
GEORGIA DEPARTMENT AGRICULTURE
GEORGIA DEPARTMENT AGRICULTURE
Zoning & alternative use
M · Thomasville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

(10) M Manufacturing. The purpose of this district shall be to provide and protect areas for those industrial or other uses which do n ot create excessive noise, odor, smoke, dust, and which do not possess other objectionable c haracteristics which might be detrimental to s urrounding neighborhoods, or to the other uses permitted in the district. (11) M-1 Ma…

Zone name Manufacturing
General category INDUSTRIAL
Zone area 1,628.32 ac
Source Chapter 22
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