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76 Industrial Blvd 3,260 SF Retail Building Ellijay, GA 30540 $849,000 ($260.43/SF) 5% Cap Rate
EXECUTIVE SUMMARY
Prime investment opportunity located in the heart of Ellijay on the corner of one of the busiest intersections! Freshly painted and ready for the new owner. Tenant is currently month to month if you’re looking for a location for your next venture. Or keep the current tenant who is wanting to extend long term and you have a great NNN investment. 5% Cap rate is based on current non-NNN monthly rent.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
3,260 SF
Building Class
B
Year Built
1999
Price
$849,000
Price Per SF
$260.43
Cap Rate
5%
NOI
$42,450
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.95 AC
Opportunity Zone
Yes
Zoning
GC - General Commercial
Parking
40 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Restaurant
- Signage
- Wheelchair Accessible
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1066-050 | Total Assessment | $142,400 |
| Land Assessment | $44,000 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $98,400 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
1066-050
Land Assessment
$44,000
Improvements Assessment
$98,400
Total Assessment
$142,400
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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Presented by
Gulf Realty 30A: Hops & Homes
76 Industrial Blvd
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