Financials
| Property value: | $750,000 |
| Rental Income: (actual) | $0 / mo. |
| Operating Expense: (actual) | $0 / mo. |
| Asking price: | $649,000 |
| Cap Rate: | 0.00% |
| Seller financing: | Assumable financing: |
|
Negotiable
|
None
|
Description
Gas Station Foreclosure on 2-3 acre lot dual road frontage on Highway 19 &41 10 minutes South of The Atlanta Motor Speedway. Two Buildings: Gs Station built in the 80's and an operating Pawn Shop currently renting for $1200 per month. All EPA docs in place; not much information available; owned pumps (Not Pay at the pump) No Fuel Contracts, 3 under ground 8500 gallon tanks; high traffic. Buildable - Expandable property.
Investment Analysis *
* Assuming conventional financing $584,100 at 6.5% interest only for 360 months.
WalkScore Analysis
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