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116 W Bankhead Hwy 4,621 SF Retail Building Villa Rica, GA 30180 $625,000 ($135.25/SF) 7% Cap Rate
Investment Highlights
- Heavy traffic flow, Downtown location on busy corner, Walking to amphitheater, cafe, restaurants. Proforma in docs.
Executive Summary
For Sale $625,000 or Lease $5995/month base + CAM. 4621 SF As-Is
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,621 SF
Building Class
C
Year Built
1947
Price
$625,000
Price Per SF
$135.25
Cap Rate
7%
NOI
$43,750
Tenancy
Single
Building Height
1 Story
Building FAR
0.33
Lot Size
0.32 AC
Zoning
CBD - CBD, Commercial Business District
Parking
19 Spaces (4.11 Spaces per 1,000 SF Leased)
Frontage
273’ on Bankhead Hwy
Amenities
- Corner Lot
- Signage
- Storage Space
- Air Conditioning
Fairly walkable
50/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | V01-0080001 | Improvements Assessment | $174,800 |
| Land Assessment | $14,102 | Total Assessment | $188,902 |
Property Taxes
Parcel Number
V01-0080001
Land Assessment
$14,102
Improvements Assessment
$174,800
Total Assessment
$188,902
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116 W Bankhead Hwy
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