2764 Highway 411 SE
Fairmount, GA, 30139
$695,000
- 0.78acres
- 1988year built
- 534days on market
Your savings stack on this home
How we figured this
ZERO Closing Costs covers origination $1,300, appraisal $500, title & settlement $1,220, owner’s title insurance $3,226 and credit, flood & data fees $160, priced for Gordon, GA with 20% down. Government taxes and recording fees are not included. Restrictions apply.
Questions? Call (804) 648-4357
About this home
- Central air
100% Leased Investment Property - Ideal for 1031 Exchange Turnkey investment opportunity with two long-term, established tenants and immediate income. This fully remodeled property (2024) offers stable, triple-net (NNN) lease with 5% annual rent escalations, making it a perfect addition to any investment portfolio. Tenant 1: Reputable, long-established funeral home Brand-new 5-year lease with multiple renewal options Triple-net lease (NNN) with 5% annual increases Tenant 2: Synovus Bank Fresh 5-year lease term with renewal options 5% annual rent escalations Total Annual Net Operating Income (NOI): $51,030.00 All the heavy lifting has been done-fully leased, recently renovated, and generating steady cash flow. A rare, hassle-free opportunity for passive investors and ideal for a 1031 exchange.
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Location
Property details
Important details
- Status
- Active
- Date listed
- 5/20/2025
- Time on Market
- 534 days
- Property Type
- Commercial Sale
- List Price
- $695,000
- Lot Size
- 0.78 acres
- Year Built
- 1988
- County
- Gordon
- Community
- None
Interior details
- Heating
- Central, Electric, Heat Pump, Natural Gas
- Cooling
- Central Air, Electric
- Interior Features
- High Speed Internet
Building & lot
Building
- Property Type
- Commercial Sale
- Year Built
- 1988
- Roof
- Other, Tar/Gravel
- Construction
- Block, Brick
Lot Info
- Lot Size
- 0.78 acres
- Parcel Number
- F05Z 020
Exterior Features
- Pool
- No
Parking
- Parking Features
- Drive Through, Parking Lot, Paved
- Garage
- No
Ownership
Community details
School Districts
Utilities
- Sewer
- Public Sewer
- Water
- Public
Neighborhood
- Subdivision
- None
Taxes & Assessment
- Annual Tax
- $4,250
- Tax Year
- 2024
Listing information
Listing Details
- MLS System
- GAMLS
- MLS ID
- 10526303
- MLS Status
- Active
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