This exceptional 0.43-acre commercial lot, located at 9745 Main Street in the heart of Woodstock, Georgia, presents a rare investment opportunity. Boasting 3,848 square feet, this property is ideally situated just one block south of Highway 92 and less than a mile from Interstate 575, ensuring unparalleled accessibility and high visibility. Its location within a mile of downtown Woodstock provides immediate access to a thriving community with strong foot traffic and a robust local economy. The property is zoned for Downtown Commercial mixed use, offering a wide range of development possibilities. The lot's unique characteristic is its previous use as an auto sales lot, a designation now considered unattainable due to current zoning regulations. This presents a significant advantage for buyers seeking a high-traffic, easily accessible location for a variety of commercial ventures. The asking price is $825,000. This is a truly exceptional opportunity to acquire a prime commercial property in a rapidly growing area of Woodstock, Georgia. Don't miss this chance to secure a piece of Woodstock's vibrant commercial landscape. The property's strategic location and unique zoning make it an ideal investment for discerning buyers seeking high-return potential. Serious inquiries only.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$419,730
6.5%
$387,443
7%
$359,769
Comparable approach
Method
Valuation
Relative Method
$554,152
Geo Method
$663,594
Alternative Use
Use
Valuation
Residential
$326,823
Hospitality
$299,368
Educational
$249,071
Medical
$257,637
Retail
$387,443
Location Insight
City
Woodstock
County
Cherokee
State
Georgia
Latitude
34.0842
Longitude
-84.5188
CBSA code
12060
CBSA name
ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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