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Property profile & analytics
OFF-MARKET
Outlet malls

691 Talbotton St Greenville, GA 30222

13,100 SF 2.97 ac lot Built 1979
Individually Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US22-2679531
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
John Clayton · 1 yrs held
John Clayton
since 2025
Last sale
$199,500
2 recorded transactions
2025
Price N/A
2025
$199,500
Zoning & alternative use
1 · Greenville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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