237 Highway 81Oxford, GA 30054

Property Details for 237 Highway 81

Year built

1951

Lot size

0.95 AC

Property size (Sq ft)

1,680 SF

Zone code

B2

Property type

Retail space

APN

C0540-256-A

APU

C0540256A

Description

This exceptional commercial property, located at 237 Highway 81 in Oxford, Georgia, presents a unique investment opportunity. The 3.42-acre lot encompasses seven buildings totaling 15,933 square feet, offering diverse usage potential. The property includes a well-established retail store with an attached warehouse (approximately 3,600 square feet), ideal for continued operation or repurposing. Additional structures include a storage building with shed (approximately 1,600 square feet), a lawn and garden center with shed (approximately 1,200 square feet plus a 30x40 concrete slab ready for finishing), a warehouse with roll-up doors (approximately 3,300 square feet), another warehouse (approximately 3,200 square feet), and an open-bay warehouse (approximately 2,100 square feet). A recently remodeled 1,933-square-foot stucco office building features a foyer, kitchenette, five or more office suites, a large conference room, a full bath, a half bath, a two-car attached garage, and a handicapped-accessible ramp. The property is currently serviced by a well, but county water access is available. Over one acre of developable land offers significant expansion possibilities. The asking price is $1,100,000. Built in 1951, this property is situated in Walton County, Georgia, zip code 30054. The sale includes the existing business's goodwill, furniture, fixtures, and equipment.

• CAP approach

  CAP return

  Valuation

  6%

  $491,300

  6.5%

  $453,508

  7%

  $421,114

• Comparable approach

  Method

  Valuation

  Relative Method

  $600,454

  Geo Method

  $600,454

• Alternative Use

  Use

  Valuation

  Residential

  $382,551

  Hospitality

  $350,415

  Educational

  $291,541

  Medical

  $301,567

  Retail

  $453,508

Location Insight

City

Oxford

County

Walton

State

Georgia

Latitude

33.7164

Longitude

-83.8513

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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