8623 Murphy Hwy Blairsville, GA 30512
This exceptional 3,156 square foot commercial property, situated on a 0.68-acre lot at 8623 Murphy Hwy in Blairsville, GA, presents a remarkable investment opportunity. Boasting a prime location at a high-traffic intersection with excellent visibility, this property is ideally suited for a variety of retail businesses. Its proximity to Lake Nottely and its position near thriving businesses, including two busy BBQ restaurants and an outdoor furniture store, ensures a steady stream of potential customers. The building itself offers ample parking on the sides and rear, and the previous tenant operated a successful rustic furniture business, demonstrating the site's viability. The property is currently vacant, providing a blank canvas for a new owner to customize the space to their specific needs. The high traffic count on Murphy Highway, leading towards Murphy and Blue Ridge, guarantees significant exposure. Expansion possibilities exist, and the adjacent BBQ restaurant occasionally utilizes the parking area and provides lawn maintenance, suggesting a collaborative neighborhood atmosphere. The asking price is $789,000, and owner financing may be available. This is a rare chance to acquire a well-located, established commercial property with significant growth potential in a desirable area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.