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6124 Hickory Flt Hwy Canton, GA 30115-7265

OFF-MARKET Community centers Google Maps
11,840 SF 1.2 ac lot Built 2005
Entity Owned 18-yr Hold Absentee Owner Free & Clear
Estimated value (blended)
$525k
Range $473k – $578k (±10%)
Property ID US22-1543482

Property summary

AI-generated overview

This exceptional investment opportunity features two established dry cleaning businesses in Canton, Georgia. One is located in a Publix-anchored shopping center, and the other in a Publix shadow shopping center, ensuring high visibility and foot traffic. The combined businesses boast a gross annual income of $300,000 and a net operating income of $80,064. One business is offered for $150,000, while the purchase of both, including the plant, is priced at $339,000. The businesses were established in 2006 and 2008, respectively, and occupy a total of 1,540 square feet of leased space. The lease type is NNN. This turnkey operation presents a strong return on investment in a desirable location within Cherokee County, offering a rare chance to acquire a well-established and profitable business in a high-traffic retail environment. The property is situated at 6124 Hickory Flat Hwy, Canton, GA 30115. This listing presents a unique opportunity for an investor seeking a profitable and established business in a prime retail location. Further details are available upon request.

Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 2005
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 11,840 SF
Lot 1.2 ac (52,272 SF)
Zoning code GC
APN 15N26 154 J
UPID US22-1543482

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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$525k

Owner & transaction history

since 2007
2 recorded transactions
2007
$515,000
2006
Price N/A

Zoning & alternative use

GC · Canton, GA
Zoning description

This district is intended to provide for a wide variety of retail and service uses to satisfy the common and frequent needs of residents in large sections of the city

General category COMMERCIAL

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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