25 Strickland StFairburn, GA 30213

  • Retail properties
  • 1,560 SF
For Sale
$325,000 View listing

Property Details for 25 Strickland St

Year built
1988
Construction
WOOD
Lot size
0.43 AC
Property size (Sq ft)
1,560 SF
Zone code
C1
Property type
Retail properties
Property subtype
Retail space
APN
09F170600670273
APU
09F170600670273

Description

This Fairburn, Georgia property, located at 25 Strickland St, 30213, presents a fantastic opportunity for owner-users. The 2,000 square foot freestanding building sits on a 0.426-acre lot and is zoned DTMU (Downtown Mixed-Use), offering considerable flexibility for a variety of businesses. Constructed in 1988, this Class B building is a single-story structure, currently configured as a flower shop. However, the open layout provides a blank canvas for customization to suit the needs of a new owner. The asking price is $325,000, representing a fee simple ownership. The property's location in the heart of Fairburn offers excellent visibility and accessibility. This is an ideal investment for entrepreneurs seeking a versatile space in a thriving community. The property's size and zoning allow for a range of uses, making it an attractive option for both retail and office applications. The ample lot size provides potential for future expansion or outdoor amenities. Don't miss this chance to acquire a well-located, adaptable commercial property in Fulton County.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $291,681
    6.5%
    $269,244
    7%
    $250,013
  • Comparable approach

    Method
    Valuation
    Relative Method
    $766,820
    Geo Method
    $766,820
  • Alternative Use

    Use
    Valuation
    Residential
    $227,118
    Hospitality
    $208,038
    Educational
    $173,086
    Medical
    $179,038
    Retail
    $269,244
25 Strickland St, Fairburn, Georgia

Location Insight

City
Fairburn
County
Fulton
State
Georgia
Latitude
33.5691
Longitude
-84.579
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
$2,635
$47,280
$46,080
$93,360
-
$118,200
$115,200
$233,400

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