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Property profile & analytics
FOR SALE
Retail space

8623 Murphy Hwy Blairsville, GA 30512

3,156 SF 0.68 ac lot Built 1955
Entity Owned 10-yr Hold Absentee Owner Free & Clear
Property ID
US22-2858205
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1955
Construction TYPE NOT SPECIFIED
Total area 3,156 SF
Lot 0.68 ac (29,621 SF)
APN 035 157 C
UPID US22-2858205
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
Ga Mountain Holdings LLC · 10 yrs held
Ga Mountain Holdings LLC
since 2015
3 recorded transactions
2015
$137,400
2011
$230,000
2005
$440,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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