3095 Highway 11Mansfield, GA 30055

Property Details for 3095 Highway 11

Year built

1893

Lot size

0.36 AC

Property size (Sq ft)

2,683 SF

Property type

Office properties

Property subtype

Other office properties

APN

M0020-00000-036-A00

APU

M002000000036A00

Description

This charming 2,683 square foot retail building, situated on a 0.36-acre lot in historic Mansfield, Georgia, presents a fantastic investment opportunity. Built in 1893, the property boasts a spacious main area ideal for a variety of retail uses, complemented by several private offices, a bathroom, and a break room. Its previous use as charity retail space showcases its adaptability. The building's location in the heart of Mansfield offers easy access to the thriving business community and the nearby Cricket Frog Trail, connecting to Covington. Priced at $260,000, this property offers significant potential for a new business owner looking to establish a presence in a desirable small-town setting. The building's solid construction and ample space provide a strong foundation for future growth and success. The 0.36-acre lot provides ample space for potential expansion or outdoor seating. This is a rare opportunity to own a piece of Mansfield's rich history while capitalizing on its vibrant present and promising future. The property is located at 3095 Highway 11 S, Mansfield, GA 30055.

• CAP approach

  CAP return

  Valuation

  6%

  $576,480

  6.5%

  $532,135

  7%

  $494,126

• Comparable approach

  Method

  Valuation

  Relative Method

  $523,346

  Geo Method

  $523,346

• Alternative Use

  Use

  Valuation

  Residential

  $659,848

  Hospitality

  $604,417

  Educational

  $502,868

  Medical

  $520,162

  Retail

  $782,239

Location Insight

City

Mansfield

County

Newton

State

Georgia

Latitude

33.5185

Longitude

-83.7342

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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