Property profile

691 Talbotton St Greenville, GA 30222

OFF-MARKET
Outlet malls
Property ID
US22-2679531
13,100 SF 2.97 ac lot Built 1979
Individually Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional retail investment opportunity presents a 13,100-square-foot convenience store/grocery store/storefront located at 691 N Talbotton St, Greenville, GA 30222. The property, built in 1979 and situated on a 2.97-acre lot, boasts a 7.51% cap rate and a strong net operating income (NOI) of $29,972. Currently operating at 100% occupancy under a triple-net (NNN) lease with a corporate guarantee, the lease expires December 30, 2025, leaving approximately 1.1 years remaining. The tenant is a subsidiary of a large, established operator with over 420 units across 15 southeastern states. The property benefits from a high-traffic location on North Talbotton Street, averaging over 5,600 vehicles daily. A strong demographic profile supports the business, with over 2,600 residents within a 5-mile radius and an average household income exceeding $69,000. Its proximity to Greenville High School and West Georgia Technical College further enhances its appeal. The asking price is $399,000, representing a compelling investment opportunity in a stable and well-performing retail asset. The property is offered fee simple.

Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1979
Construction STEEL FRAME
Total area 13,100 SF
Lot 2.97 ac (129,373 SF)
Zoning code 1
APN GR04- -003
UPID US22-2679531

Cap rate & NOI

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

Location

691 Talbotton St Greenville, GA 30222
Greenville metro Census 970801 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$385k

Owner & transaction history

since 2025
Last sale
$199,500
2 recorded transactions
2025
Price N/A
2025
$199,500

Zoning & alternative use

1 · Greenville, GA

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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