8481 Newman StDouglasville, GA 30134

  • Office properties
  • 1,376 SF
For Sale
$249,900 View listing

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
8481 Newman St, Douglasville, Georgia

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,824
$20,440
$24,240
$44,680
-
$51,100
$60,600
$111,700

FAQs

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