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5861 Ball Ground Hwy Ball Ground, GA 30107-4582

OFF-MARKET Industrial land Google Maps
2,193 SF 17.18 ac lot Built 1958
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Estimated value (blended)
$325k
Range $293k – $358k (±10%)
Property ID US22-0059046

Property summary

AI-generated overview

This exceptional retail property, located at 5861 Ball Ground Highway in Ball Ground, Georgia, presents a unique investment opportunity. The property encompasses approximately one to 1.3 acres of land and features a total of seven individual retail suites, ideal for a variety of commercial uses. Currently, one suite is vacant, offering immediate occupancy potential for a new tenant. The property's total building square footage is listed as one square foot, however, this is likely an error in the provided data and should be verified independently. The multiple tenancy structure allows for diverse income streams and flexibility in leasing arrangements. Situated in Cherokee County, Georgia, with a zip code of 30107, this location benefits from high visibility and convenient access to major roadways, ensuring significant foot and vehicle traffic. The property's prime location makes it an attractive option for businesses seeking a strong presence in a growing community. This is a rare opportunity to acquire a well-positioned retail center with immediate income potential and significant upside. Interested parties are encouraged to conduct their own due diligence to verify all aspects of the property, including the total building square footage. The property is available for lease.

Property profile

Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Year built 1958
Total area 2,193 SF
Lot 17.18 ac (748,361 SF)
Zoning code HI
APN 03N02 014 C
UPID US22-0059046

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
$330k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$325k

Owner & transaction history

since 2017
7 recorded transactions
2017
$375,000
2016
$500,000
2015
Price N/A
2013
$125,000
2008
Price N/A
2007
Price N/A
2006
$750,000

Zoning & alternative use

HI · Ball Ground, GA

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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