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    631 Central Ave Hapeville, GA 30354-1917
    Property profile & analytics

    631 Central Ave, Hapeville, GA 30354-1917

    View on Map

    • Commercial real estate
    • 5,195 SF
    • 0.16 lot acres
    Off-Market
    Last Sale May 6, 2024
    $1,050,000
    Property ID
    US22-4221893
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,050,000
    Show details
    Cap Rate Potential
    6%
    Commercial real estate
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 631 Central Ave

    Year built
    1930
    Lot size
    0.16 lot acres
    Zone code
    C1
    Property type
    Commercial real estate
    APN
    14 009800190276
    APU
    14009800190276

    Description

    This exceptional 5,500 square foot commercial storefront property in Hapeville, Georgia, presents a unique investment opportunity. Located on 0.164 acres and zoned C-1, this single-story building boasts a versatile layout ideal for a variety of businesses. Currently 100% occupied by a clothier, the property will be vacant within 30 days, offering immediate occupancy. The building features an open concept design, ample warehouse space, dedicated storage areas, and six individual offices. High ceilings and a loft-style aesthetic add to its appeal. Its prime location in a busy retail district offers excellent visibility and high traffic counts. The property benefits from convenient street parking and proximity to two city-owned parking lots. Situated just three minutes from Porsche Headquarters and ten minutes from Hartsfield-Jackson Atlanta International Airport, this location provides unparalleled access to major transportation hubs and a thriving business community. This turnkey opportunity is perfect for small businesses, law firms, retail establishments, or creative agencies seeking a dynamic and accessible location in South Atlanta. The asking price is $1,200,000. Don't miss this chance to own a thriving commercial property in a rapidly growing area.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,050,000
      ML approach
      $1,050,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,050,000
      6.5%
      $970,000
      7%
      $900,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,304,000
      Market price range: $489k - $3.26M
      AI Estimate
      $760,000
      Market price range: $448k - $1.26M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $1,460,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $1,415,000
      Change: -3% Conversion: Difficult
      MEDICAL BUILDING
      $1,410,000
      Change: -3% Conversion: Easy
      AUTO REPAIR, GARAGE
      $1,320,000
      Change: -10% Conversion: Difficult
      OFFICE BUILDING
      $1,215,000
      Change: -17% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Hapeville
    County
    Fulton
    State
    Georgia
    Longitude
    -84.4094
    Latitude
    33.6595
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,696
    $65,360
    $65,600
    $130,960
    -
    $163,400
    $164,000
    $327,400
    More about this property
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