You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $185,000
Retail properties & Spaces

585 Central Ave Hapeville, GA 30354-1661

1,437 SF 0.05 ac lot Built 1921
Entity Owned 5-yr Hold
Property ID
US22-2017668
Property summary
AI-generated overview

This exceptional 1,437 square foot retail space is ideally located in the heart of downtown Hapeville, Georgia. Completely renovated in 2021, this attached rowhouse-style building offers a bright and open floor plan perfect for a variety of businesses. The interior features attractive exposed trusses, a skylight, and a striking textured brick wall, creating a unique and inviting atmosphere. A convenient and accessible unisex restroom is included, along with an attractive kitchenette that offers the potential for a second storefront suite. The versatility extends beyond the interior, with an oversized Trex deck and a private side green space providing additional outdoor amenity space. The property's prime location offers unparalleled visibility, situated directly adjacent to a city-owned and maintained Arts Alleyway. This alleyway provides a fantastic opportunity for self-promotion and participation in the many community events hosted by the city of Hapeville. The alleyway also benefits from ample free public parking, supplementing the readily available on-street parking directly in front of the building. Hapeville's thriving community is home to major employers such as Porsche and Delta, and is experiencing significant residential growth, ensuring a strong customer base for any business operating in this location. The property sits on a 0.05-acre lot and is offered at $650,000.

Property profile
Verified
Property type Retail properties & Spaces
Use group COMMERCIAL (GENERAL)
Year built 1921
Construction WOOD
Total area 1,437 SF
Lot 0.05 ac (2,265 SF)
Zoning code C1
APN 14 009500020138
UPID US22-2017668
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
$165k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$185k
Owner & transaction history
Elizabeth James Properties LLC · 5 yrs held
Elizabeth James Properties LLC
since 2021
Last sale
$184,000
5 recorded transactions
2025
Price N/A
2021
Price N/A
2021
$184,000
2015
Price N/A
1969
Price N/A
Zoning & alternative use
C1 · Hapeville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 585 Central Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message