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545 Montgomery St Villa Rica, GA 30180-2804

OFF-MARKET Office buildings Google Maps
6,274 SF 1 ac lot Built 1973
Entity Owned 12-yr Hold Free & Clear
Estimated value (blended)
$265k
Range $239k – $292k (±10%)
Property ID US22-2016345

Property summary

AI-generated overview

This exceptional 10,000-square-foot warehouse, situated on approximately one acre of land in Villa Rica, Georgia, presents a compelling investment opportunity. Built in 1983, this Class C industrial property is currently vacant and offers significant potential for a variety of uses. The property boasts a convenient location near I-20 and downtown Villa Rica, ensuring easy access to major transportation routes and local amenities. The asking price is $799,999, representing a price per square foot of $80. A significant buyer incentive of $75,000 at closing is being offered. The property is zoned C-3, providing flexibility for various commercial applications. Ample parking is available, with a ratio of 15.94 spaces per 1,000 square feet. This property is located at 545 E Montgomery St, Villa Rica, GA 30180, in Douglas County. Don't miss this chance to acquire a well-positioned warehouse in a thriving Georgia community. The property's size, location, and attractive price point make it an ideal investment for both established businesses and savvy investors.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1973
Construction WOOD FRAME
Total area 6,274 SF
Lot 1 ac (43,560 SF)
APN 0145-02-5- -00050
UPID US22-2016345

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.38M
Comparable Approach Comparable
$1.37M
Blend (final) Blend
$265k

Owner & transaction history

since 2014
5 recorded transactions
2014
$71,500
2012
$35,200
2010
$100,197
2007
$640,000
2006
$600,000

Zoning & alternative use

Top alternative use upside
Commercial (general) $1.4M +16.5%
Medical building $1.3M +7.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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