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    OFF-MARKET
    Turn key restaurants

    508 16th St, Alma, GA 31510-3000

    3,000 SF 0.48 ac lot Built 1974
    Entity Owned ~ Est. High Equity
    Property ID
    US22-3083050
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 508 16th St. in Alma, Georgia, presents a unique investment opportunity. The 3000 square foot building sits on a 0.48-acre lot and offers a diverse range of established businesses under one roof. One side of the building houses a fully equipped restaurant, ready for immediate operation or customization to suit a new concept. The other side currently functions as a successful used car lot and barbershop, providing established income streams and diverse clientele. Both units are equipped with central heating and air conditioning, ensuring year-round comfort for both tenants and customers. The property's versatile layout and existing businesses create a strong foundation for continued success and potential for future expansion. This is an ideal investment for an entrepreneur seeking a multi-faceted business venture or an investor looking for a high-yield property with established tenants. The asking price is $400,000. This turnkey operation offers immediate income potential and significant upside. Don't miss this chance to acquire a well-established and profitable commercial property in a thriving community. Schedule a viewing today to explore the possibilities.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1974
    Construction STEEL FRAME
    Total area 3,000 SF
    Lot 0.48 ac (20,909 SF)
    Zoning code COMMERCIAL
    APN A15 008017
    UPID US22-3083050
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Ssda Investment LLC
    Ssda Investment LLC
    since 2026
    Last sale
    $100,800
    2 recorded transactions
    2026
    $100,000
    2024
    $100,800
    Zoning & alternative use
    COMMERCIAL · Alma, GA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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