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Property Location

21 W Bankhead Highway, Tallapoosa GA 30176

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List Price $275,000

Units 1

Est. Cap Rate 2.2%

Est. Cash-on-Cash -15.3%

Price / Unit $275,000

Est. Year 1 Cash Flow $-10,481 after debt service

21 W Bankhead Highway Tallapoosa, GA 30176

Data last updated: August 2, 2026 at 9:46 PM EST

ACTIVE

PRICE REDUCTION!!! Commercial Site with endless opportunities! Located in the downtown business district of Historic Tallapoosa Ga. This almost .75-acre assemblage is at the intersection of US Hwy 78 (Bankhead Hwy) and Hwy 100 N, with triple road frontage, excellent visibility, and according to the most recent GDOT Traffic Count has approximately 9,200 vehicles daily pass by the site. Located approximately 5 miles from the I-20 Exit at Hwy 100, this location is located conveniently to Atlanta and Birmingham. Tallapoosa is an up-and-coming location in West Ga. with the charm of the downtown historic buildings and homes as well as a significant commercial/industrial sector, including Honda Transmission Plant located 6 miles south. The combined parcels have over 330’ of frontage on Hwy 78, the south side of the parcel has almost 350’ of frontage on Atlanta St. and over 160’ on Monroe St. All utilities are on the site and the parcel is ready for re-development.

Investment Notes — Tallapoosa

Located in the Tallapoosa, GA area
Value-add opportunities typically exist through management, renovations, or operational improvements
Rental demand and achievable rents vary significantly by submarket — local market verification is recommended
Actual cash flow depends on occupancy, expenses, financing, and current market conditions

Modeled from FMLS data + Atlanta metro baselines where listing data is incomplete

Price per Unit $275,000 Verified

Est. Cap Rate 2.18% Modeled

Est. Cash-on-Cash -15.25% Modeled

Est. Gross Income $13,603 Modeled

Est. NOI $5,985 Modeled

 Est. Year 1 Cash Flow  $-10,481  after debt service (25% down / 7% / 30-yr)  Modeled   

Price per Sq Ft $95 Verified

Confidence scores included Latest FMLS data Transparent modeling

Starts from list price and unit count. Pre-filled from Modeled Estimate. Override any value to model your own scenario.

Assumptions

Purchase Price List Price

Number of Units

Avg Rent / Unit / Month Modeled Estimate

Annual Gross Potential Income Editable

Modeled Estimate

Vacancy Rate Estimated

5.0%

Operating Expense Ratio Estimated

51%

Financing

Down Payment Default 25%

25%

Interest Rate Default 7%

Loan Term Years

30 yrs

Projected Returns

Gross Potential Income —

Effective Gross Income —

Operating Expenses —

Net Operating Income (NOI) —

Asking Cap Rate —

Price Per Unit —

Annual Debt Service —

Year 1 Cash Flow —

Cash-on-Cash Return —

Simplified estimates for Tallapoosa. Actual results depend on real rents, expenses, financing terms, and local market conditions. Service view: Review Further.

Why these numbers can differ from the Metrics Bar & Highlights above

The Metrics Bar and Highlights use the service’s numbers (actual MLS Gross / Opex / NOI / Cap Rate when available, otherwise modeled).
This calculator lets you change every assumption in real time. Once you move any slider or input, the results become your scenario, not the service estimate.
Vacancy, expense ratio, and financing terms here may be more or less aggressive than the service defaults.
Cash flow shown is before income taxes, capital expenditures, and any other non-operating items.

Review Further

Jeff’s Investment Take

Further review recommended before moving forward.

Est. Cap2.2%

Est. CoC-15.3%

Important Investment Information

Actual MLS Cap Rate is used when present. Gross Income uses rent roll or MLS Gross Income when available, otherwise modeled. Operating expenses use an all-in ratio by property size. Cash-on-cash assumes 25% down, 7% interest, 30-year amortization. All figures are for screening only — verify with current rent roll and expenses.

Some figures shown on this page are estimated because complete rent-roll or operating data was not provided in the listing. Estimated values are clearly marked.

Any estimated or modeled figures represent the independent analysis of Jeff Crowe / Century 21 The Avenues and are not supplied by FMLS or the listing broker.

This website and its content are for informational and educational purposes only. Nothing on this site constitutes financial, investment, tax, or real estate advice. All information is deemed reliable but not guaranteed. You should always conduct your own thorough due diligence, verify all data independently, review the physical condition of the property, and consult with your own qualified attorney, accountant, and investment advisor before making any purchase decision.

MLS ID: 7579896 · Listing courtesy of Keystone Realty Group, LLC., Pete Ewing · 678-932-2105

IDX Information Provided by Jeff Crowe · jeffcrowe@c21theavenues.com

FMLS · Updated Daily

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