8481 Newman StDouglasville, GA 30134
- Office properties
- 1,376 SF
Property Details for 8481 Newman St
- Year built
- 1945
- Construction
- WOOD FRAME
- Lot size
- 0.40 AC
- Property size (Sq ft)
- 1,376 SF
- Zone code
- CG
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 0050-01-5- -00014
- APU
- 5001500014
Description
This exceptional commercial office building, located at 8481 Newman Street in Douglasville, Georgia, presents a unique investment opportunity. Built in 1945, the single-building property sits on a 0.4-acre lot, offering excellent visibility and high traffic counts, making it ideal for a new business or established company seeking a prominent location. The property boasts ample parking, including private parking alongside the building and additional spaces in an open lot. The asking price is $249,900. The address is easily accessible within the Douglas County, GA, 30134 zip code. This is a rare opportunity to acquire a well-situated commercial office space in a thriving area. The building's prime location and ample parking make it an attractive option for a variety of businesses. The property's size and features provide flexibility for various business needs. Don't miss this chance to own a piece of Douglasville's commercial real estate market. The property's strategic location and high visibility ensure significant potential for growth and success. This is a must-see property for any serious investor or business owner looking for a strong foothold in the Douglasville area. The building's history and current condition offer a blend of character and potential.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $267,132
- 6.5%
- $246,584
- 7%
- $228,971
-
Comparable approach
- Method
- Valuation
- Relative Method
- $233,737
- Geo Method
- $268,403
-
Alternative Use
- Use
- Valuation
- Residential
- $305,764
- Hospitality
- $280,078
- Educational
- $233,022
- Medical
- $241,036
- Retail
- $362,478
Location Insight
- City
- Douglasville
- County
- Douglas
- State
- Georgia
- Latitude
- 33.7495
- Longitude
- -84.7335
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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