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381 Elam Rd 2,430 SF Specialty Building Offered at $375,000 at a 11% Cap Rate in Gordon, GA 31031
Executive Summary
A Hidden Jewel in Gordon, Ga. ! This property has potential to make great profit. This almost 2.5 acre parcel consists of a great Event Center, which is equipped with stage, dance floor, lots of seating, DJ booth, kitchen and much more. This parcel also contains a separate spacious mechanic shop with 3 drive in garage doors, high ceilings and car lift. In addition , there is a separate office building which has a kitchen/break area and full bathroom. The property is fenced in and has great parking for RV or large trucks. Great investment, loads of Equity. Some owner financing possibleCall to schedule appointment.
All buildings are leased and produces over $4,000 a month in income.
All buildings are leased and produces over $4,000 a month in income.
Property Facts
| Price | $375,000 | Building Class | C |
| Price Per SF | $154.32 | Lot Size | 2.49 AC |
| Sale Type | Investment | Building Size | 2,430 SF |
| Cap Rate | 11% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2021 |
| Property Subtype | Lodge/Meeting Hall | ||
| Zoning | C - Commercial | ||
| Price | $375,000 |
| Price Per SF | $154.32 |
| Sale Type | Investment |
| Cap Rate | 11% |
| Property Type | Specialty |
| Property Subtype | Lodge/Meeting Hall |
| Building Class | C |
| Lot Size | 2.49 AC |
| Building Size | 2,430 SF |
| No. Stories | 1 |
| Year Built | 2021 |
| Zoning | C - Commercial |
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Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 033 043B | Improvements Assessment | $76,598 |
| Land Assessment | $6,016 | Total Assessment | $82,614 |
Property Taxes
Parcel Number
033 043B
Land Assessment
$6,016
Improvements Assessment
$76,598
Total Assessment
$82,614
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381 Elam Rd