545 Montgomery StVilla Rica, GA 30180

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 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.

• 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

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

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