545 Montgomery StVilla Rica, GA 30180

  • Office properties
  • 6,274 SF
For Sale
$799,999 View listing

Property Details for 545 Montgomery St

Year built
1973
Construction
WOOD FRAME
Lot size
1.00 AC
Property size (Sq ft)
6,274 SF
Property type
Office properties
Property subtype
Office buildings
APN
0145-02-5- -00050
APU
14502500050

Description

This exceptional 10,000-square-foot warehouse, situated on approximately one acre of land in Villa Rica, Georgia, presents a compelling investment opportunity. Built in 1983, this Class C industrial property is currently vacant and offers significant potential for a variety of uses. The property boasts a convenient location near I-20 and downtown Villa Rica, ensuring easy access to major transportation routes and local amenities. The asking price is $799,999, representing a price per square foot of $80. A significant buyer incentive of $75,000 at closing is being offered. The property is zoned C-3, providing flexibility for various commercial applications. Ample parking is available, with a ratio of 15.94 spaces per 1,000 square feet. This property is located at 545 E Montgomery St, Villa Rica, GA 30180, in Douglas County. Don't miss this chance to acquire a well-positioned warehouse in a thriving Georgia community. The property's size, location, and attractive price point make it an ideal investment for both established businesses and savvy investors.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,226,444
    6.5%
    $1,132,102
    7%
    $1,051,238
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,062,292
    Geo Method
    $1,223,806
  • Alternative Use

    Use
    Valuation
    Residential
    $1,403,806
    Hospitality
    $1,285,879
    Educational
    $1,069,836
    Medical
    $1,106,630
    Retail
    $1,664,190
545 Montgomery St, Villa Rica, Georgia

Location Insight

City
Villa Rica
County
Douglas
State
Georgia
Latitude
33.7294
Longitude
-84.9079
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
$12,523
$43,200
$289,640
$332,840
-
$108,000
$724,100
$832,100

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