Property profile

655 S Pond St Toccoa, GA 30577

FOR SALE
Turn key restaurants
Property ID
US22-3394687
612 SF 0.48 ac lot Built 1997
Entity Owned 6-yr Hold Free & Clear
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Property summary

AI-generated overview

The property is a small commercial site in Toccoa, Georgia, located on a high-traffic street with adjacency to a gas station. It sits on a 0.48-acre lot and is zoned B-II (General Commercial), supporting a range of uses including retail, food and beverage, offices, medical services, and places of worship. A 306-square-foot building is on site and can be adapted for various commercial purposes, with direct access to a state road, one primary entrance, and on-site parking. The site is situated within a densely populated residential area, providing a built environment intended to serve nearby pedestrian and vehicle traffic.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1997
Construction WOOD
Total area 612 SF
Lot 0.48 ac (20,909 SF)
Zoning code B-II
APN T21 022
UPID US22-3394687

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

655 S Pond St Toccoa, GA 30577
Toccoa metro Census 970302 TOCCOA, GA MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$55k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$55k

Owner & transaction history

since 2020
Last sale
$55,000
3 recorded transactions
2020
Price N/A
2020
$45,000
2011
Price N/A

Zoning & alternative use

B-II · Toccoa, GA
Zoning description

The commercial district (B-II) is a district for general business and limited manufacturing activities, including retail sales and personal services

General category INDUSTRIAL

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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