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Property profile & analytics
OFF-MARKET Estimated value $2,505,000
Banks

590 Central Ave Hapeville, GA 30354-1648

10,326 SF 0.92 ac lot Built 1958
Individually Owned 2-yr Hold Free & Clear
Property ID
US22-0040504
Property summary
AI-generated overview

This exceptional 11,328-square-foot retail building, located at 590 South Central Avenue in Hapeville, Georgia, presents a unique investment opportunity. Situated on a 1.75-acre lot, this Class B property boasts a prime location and is zoned C1. Originally constructed in 1958, the building is currently vacant and offers significant potential for redevelopment or immediate occupancy. The single-tenant structure features convenient drive-thru ATMs, a significant advantage for financial institutions or businesses requiring similar access. Ample parking is available, ensuring ease of access for customers and employees. The property's address is 590 South Central Avenue, with a cross street of Perkins Street, and its APN is 14-0098-0020-048-9. Its previous use as a Wells Fargo branch makes it particularly well-suited for a bank or similar financial services business, but its versatile layout and ample space offer possibilities for a wide range of retail uses. The property's size and location in Hapeville, Georgia, zip code 30354, make it an attractive proposition for businesses seeking high visibility and convenient access. This is a rare opportunity to acquire a substantial retail space in a thriving Georgia community. The property's convenient location and existing infrastructure make it an ideal choice for a variety of businesses.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1958
Total area 10,326 SF
Lot 0.92 ac (39,988 SF)
Zoning code C1
APN 14 009800200489
UPID US22-0040504
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
$2.80M
Blend (final) Blend
$2.51M
Owner & transaction history
Gorham Laurie Jacqueline Tr · 2 yrs held
Gorham Laurie Jacqueline Tr
since 2024
Last sale
$2.4M
3 recorded transactions
2024
Price N/A
2016
$2.8M
2004
$37.0M
Zoning & alternative use
C1 · Hapeville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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