631 Irvin St Cornelia, GA 30531-3267
-
Fenders Diner Restaurant
-
Grapevine Talent Theater & Performing Art Venue Music Venue
-
Fenders Alley Bar & Pub
Section 42-53. CBD, Central Business District. 42-53.1. Purpose and Intent. The CBD, Central Business District is intended to establish and maintain a compact area containing a mixture of retail, service, restaurants, government, residential, institutional, and other uses where, due to the close proximity of buildings and uses, pedestrian travel is encourage…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CBD · Cornelia, GASection 42-53. CBD, Central Business District. 42-53.1. Purpose and Intent. The CBD, Central Business District is intended to establish and maintain a compact area containing a mixture of retail, service, restaurants, government, residential, institutional, and other uses where, due to the close proximity of buildings and uses, pedestrian travel is encouraged in favor of vehicle trips made from one destination to another. While some commercial uses targeted at the highway traveler may be conditionally permitted in this district, the intent is that automotive-related establishments be excluded, due to their encouragement of automobile rather than pedestrian travel. The CBD is unique in that the existing development pattern consists of buildings covering very large percentages of the lot, little if any building setbacks on front, side, and rear property lines, and a lack of off-street parking sufficient to meet the requirements of other commercial zoning districts. This zoning district is appropriate only in the existing downtown area with the above-mentioned development characteristics. 42-53.2. Permitted and Conditional Uses. Permitted and conditional uses shall be as provided in Table 7.1, “Permitted and Conditional Uses for Non-residential Zoning Districts.” 42-53.3. Dimensional Requirements. Height, area, setback, lot width, and other dimensional requirements shall be as provided in Table 7.2, “Dimensional Requirements for Non-residential Zoning Districts.”
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.