NOT LISTED FOR SALE

5526 Hwy 51 S Lula, GA 30554

Estimated Value: $232,739 - $620,000

3 Beds
-- Bath
2,400 Sq Ft
$169/Sq Ft Est. Value

Last Sold April 20, 2022

Last sale price $216,500 $90 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $2,366/month

62 Days on Market

Highlights

  • High Speed Internet
  • Concrete Flooring
  • Level Lot
  • Security Fence

About This Home

As of April 2022

SVN Smith Group Commercial RE is pleased to present a 2400 sq ft multi-use commercial building in Banks County. This shop has 4 - 16 foot roll up doors, alignment rack, storage area/office upstairs, paint booth, natural gas heat, and a bathroom. The property is secured by chain link fence and large, sliding gate with lock. Most utilities available including natural gas, city water, power, and high speed internet. Also, the property has a 2 bed/1 bath mobile home that is move in ready for owner/user or additional rental income. This property is located less than a mile from Lula and has a daily traffic count of 3,600 cars. With the cost of constructing a commercial building like this skyrocketing, take advantage of this unique opportunity to own or buy as a rental investment.

Last Agent to Sell the Property

Jesse Patrick

Georgia Premier RE Advisors License #400641 Listed on: 01/27/2022

Georgia Premier RE Advisors

Last Buyer's Agent

Thomas LeCain

RE/MAX Around Atlanta License #168093

RE/MAX Around Atlanta

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $697

Year Built

  • Built in 1980

Lot Details

  • 0.61 Acre Lot
  • Property fronts a highway
  • Security Fence
  • Chain Link Fence
  • Level Lot
  • Zoning described as HB - Highway business

Parking

  • Parking Lot

Home Design

  • Mixed Use
  • Composition Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 2,400 Sq Ft Home
  • Concrete Flooring

Utilities

  • Heating System Uses Natural Gas
  • 220 Volts
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Property Details

Property Type

Other

Est. Annual Taxes

$697

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 1980
  • Electric: 220 Volts
  • Financing Type: Cash
  • Lot Size Acres: 0.61
  • Structure Type: Mixed Use, Retail, Warehouse
  • Road Frontage Type: Highway
  • Road Surface Type: Paved
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • NumberOfBuildings: 1
  • Price Per Square Foot: 89

Exterior Features

  • Construction Materials: Block, Concrete
  • Fencing: Chain Link, Fenced, Security
  • Lot Features: Level
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Cooling: Fans
  • Heating: Natural Gas
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Water Available
  • Water Source: Public

Lot Info

  • Zoning Description: HB - Highway business

Building Info

  • BuildingAreaTotal: 2400
  • Building Features: Delivery Door, Free Standing

Tax Info

  • Year: 2021
  • Tax Annual Amount: 697.07

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2020
Sold by
Kyle Ruby Marie Estate
Bought by
Kyle Charles Lee
Total Days on Market
62
Current Estimated Value
$404,580
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kyle Charles Lee -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2022 04/20/22 Sold $216,500 +0.7% $90 / Sq Ft
03/30/2022 03/30/22 Pending -- -- --
03/23/2022 03/23/22 For Sale $215,000 0.0% $90 / Sq Ft
01/27/2022 01/27/22 For Sale $215,000 -- $90 / Sq Ft
01/26/2022 01/26/22 Pending -- -- --
Source: Georgia MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,260 $61,904 $17,446 $44,458
2023 $1,180 $57,975 $17,446 $40,529
2022 $693 $32,967 $10,346 $22,621
2021 $697 $31,200 $6,466 $24,734
2020 $715 $31,200 $6,466 $24,734
2019 $719 $31,200 $6,466 $24,734
2018 $731 $31,200 $6,466 $24,734
2017 $403 $16,212 $4,000 $12,212
2016 $408 $16,212 $4,000 $12,212
2015 $382 $16,212 $4,000 $12,212
2014 $382 $16,212 $4,000 $12,212
2013 -- $16,212 $4,000 $12,212
Source: Public Records

Agents Affiliated with this Home

  • Jesse Patrick

    Seller's Agent in 2022

    Jesse Patrick

    Georgia Premier RE Advisors

    (706) 476-0241

    70 Total Sales

    Jesse Patrick
    Section Image
  • Thomas LeCain

    Buyer's Agent in 2022

    Thomas LeCain

    RE/MAX

    (404) 680-4495

    131 Total Sales

    Thomas LeCain
    Section Image
See All Agents

Map

Source: Georgia MLS

MLS Number: 20014818

Georgia MLS

APN: B01-008A

Georgia Banks County Lula 30554

5526 Hwy 51 S, Lula, GA

This home is located at 5526 Hwy 51 S, Lula, GA 30554 since 27 January 2022 and is currently estimated at $404,580, approximately $168 per square foot. This property was built in 1980. 5526 Hwy 51 S is a home located in Banks County with nearby schools including Banks County Primary School, Banks County Elementary School, and Banks County Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Georgia MLS The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.

Nearby Homes