139 Hodges StLoganville, GA 30052

Property Details for 139 Hodges St

Year built

1983

Construction

WOOD

Lot size

0.83 AC

Property size (Sq ft)

3,222 SF

Zone code

OI

Property type

Office properties

APN

LG110-016

APU

LG110016

Description

This 3222 square foot building, situated on a 0.83-acre lot at 139 Hodges Street in Loganville, Georgia (zip code 30052), presents a compelling investment opportunity. Constructed in 1983, the single-building property is currently utilized as a storage warehouse, offering significant flexibility for future use. The asking price is $550,000. The property's versatile nature allows for a variety of commercial applications, making it an attractive prospect for entrepreneurs and investors alike. Its location in Loganville, Walton County, Georgia provides access to a growing market and convenient transportation links. The substantial lot size of 0.83 acres offers ample space for expansion or additional development, further enhancing its investment potential. This property is a blank canvas, ready for a new owner to transform it into a thriving business venture. The property's current configuration as a storage warehouse provides a solid foundation for various commercial uses, and its location in a developing area suggests strong potential for future appreciation. The absence of a cap rate indicates the potential for significant returns based on the buyer's chosen use and market conditions. Serious inquiries are encouraged to explore the full potential of this versatile commercial property.

• CAP approach

  CAP return

  Valuation

  6%

  $565,446

  6.5%

  $521,950

  7%

  $484,668

• Comparable approach

  Method

  Valuation

  Relative Method

  $369,637

  Geo Method

  $369,637

• Alternative Use

  Use

  Valuation

  Residential

  $647,218

  Hospitality

  $592,848

  Educational

  $493,242

  Medical

  $510,206

  Retail

  $767,266

Location Insight

City

Loganville

County

Walton

State

Georgia

Latitude

33.8354

Longitude

-83.8933

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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