
150 Pearl Dr, La Fayette, GA 30728
Walker County, GA County
Key Facts
Description
Prime Investment Opportunity | High-Visibility 20K SF Retail Strip Center - Lafayette, GA. HUGE SUMMER PROMOTION, IF UNDER CONTRACT BEFORE THE 4th of July: $1,950,000 + PLUS BUYER INCENTIVE!!! THE SELLER IS OFFERING THE BUYER A $50k CONCESSION CREDIT AT CLOSING IF UNDER CONTRACT BEFORE THE 4TH OF JULY 2026 (CLOSING COSTS AND/OR RENOVATIONS AFTER CLOSING) . SCHEDULE YOUR PRIVATE TOUR SOON SO YOU DO NOT MISS THIS PURCHASE PERK... ***LEASING OPTIONS ALSO AVAILABLE*** Discover an exceptional opportunity to own a well-positioned commercial retail strip center on 3 level acres with ample paved parking, ideally located just off Highway 27 adjacent to the Walmart Supercenter in Lafayette, GA. Offered at UNDER $2 million, this property delivers strong income potential, flexibility, and long-term upside in a rapidly growing market. The center offers a versatile mix of unit sizes, including: One 3,000 SF restaurant space (currently The Best Grill, formerly Rafael's) Two 5,000 SF flex spaces suitable for retail, office, gym, warehouse, or service use One 7,000 SF end-cap unit with the option to subdivide Three spaces are available for immediate occupancy, providing value-add potential for investors or ideal configurations for an owner-user. The prominent corner unit is leased on a new 5-year term to a thriving restaurant that opened in January 2025, delivering instant and reliable income. Positioned within a high-traffic retail corridor surrounded by Walmart, national chains, and popular dining options, the property enjoys excellent visibility, easy access, and consistent consumer activity. Adding to its appeal, a new 200+ home residential subdivision is currently under development directly behind the center, further strengthening future tenant demand and long-term appreciation. Property Highlights: Level 3-acre commercial site with generous parking Multiple income streams with expansion and lease-up potential Strong visibility and access from Hwy 27.
Property Information
Property Type
Commercial Sale
Sub-Type
Retail
Year Built
2007
Living Area
2,000 sq ft
Lot Size
3.04 acres
Zoning
Commercial
Days on Market
46
MLS® Listing#
3223473
Property Features
Cooling
Heating
Financial Details
Parcel Number
10034 006
Directions
Take HWY 27 South (Martha Berry HWY) to LaFayette Walmart Plaza. Turn Right on Pearl Drive. The Shopping Center is inside the plaza on the right with sign on property.
Affordability Calculator
$390,000
Estimated monthly payment
$10,379/mo
Principal $1,560,000 · Est. interest $2,176,339 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in La Fayette, GA
- $266,667
- Median Listing Price
- 67
- Median Days on Market
- 1,843
- Median Sq Ft
- $151
- Median Price / Sq Ft
- 20
- Active Listings
- This home’s price is 631% above the area median.
- Its price per sq ft is 546% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in La Fayette, GA.
Location
Points of Interest in La Fayette, GA
Showing the La Fayette area map.
Nearby Schools
Lafayette Middle School
Secondary · 1.5 mi away
Lafayette High School
Secondary · 2.1 mi away
North Lafayette Elementary
Elementary · 2.2 mi away
Walker Co 6th Grade Academy
School · 2.8 mi away
Walker School
School · 3.1 mi away
Gilbert Elementary School
Elementary · 3.8 mi away
Rock Spring Elementary School
Elementary · 5.1 mi away
Naomi Elementary School
Elementary · 5.1 mi away
Woodstation Elementary School
Elementary · 6.6 mi away
Saddle Ridge K-8
Elementary · 6.9 mi away
Chickamauga City School District
School · 8.5 mi away
Gordon Lee High School
Secondary · 8.6 mi away
Chickamauga Elementary School
Elementary · 8.7 mi away
Oakwood Christian Academy
School · 9.7 mi away
Cherokee Ridge Elementary
Elementary · 9.8 mi away
Heritage Middle School
Secondary · 10.9 mi away
Heritage High School
Secondary · 11.2 mi away
Mountain View Head Start
School · 11.5 mi away
Casey and Son Horseshoeing School
Secondary · 11.9 mi away
Dogwood Christian Academy
School · 12.1 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 4582 Highway N 27, La Fayette, GA | $1,400,000 | — | — | 1,050 |
Moving Cost Estimate
EXIT Agents in La Fayette
Listing Courtesy: Crye-Leike Realtors - 7069443745
Last Updated: 2026-05-28
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