567 Talbotton StGreenville, GA 30222

  • Retail properties
  • 8,600 SF
For Sale
$1,200,000 View listing

Property Details for 567 Talbotton St

Year built
2001
Construction
STEEL FRAME
Lot size
0.34 AC
Property size (Sq ft)
8,600 SF
Zone code
1
Property type
Retail properties
Property subtype
Outlet malls
APN
GR06- -125-001
APU
GR06125001

Description

This exceptional commercial property, located at 567 S Talbotton Street in Greenville, Georgia (zip code 30222), presents a unique investment opportunity. The property encompasses three buildings totaling over 8600 square feet on a 0.69-acre lot. Built in 2001, the main building offers approximately 8600 square feet of space, ideal for retail or office use. A separate 2400 square foot warehouse building provides ample storage. The property also includes several covered areas, perfect for storing lumber and other inventory. This established business has operated successfully for many years, serving as the only hardware store for miles in the area. The extensive inventory includes building materials, hardware, appliances, plumbing and electrical supplies, and hunting supplies. The property's location on a busy US Highway in the heart of Greenville ensures high visibility and accessibility. This turnkey operation offers a rare chance to acquire a thriving business with significant existing assets. The asking price for this exceptional commercial property, including land, buildings, inventory, and equipment, is $1,200,000. This is a truly remarkable opportunity for an investor seeking a profitable and established business in a prime location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,607,986
    6.5%
    $1,484,295
    7%
    $1,378,274
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,227,340
    Geo Method
    $4,227,340
  • Alternative Use

    Use
    Valuation
    Residential
    $1,252,059
    Hospitality
    $1,146,879
    Educational
    $954,190
    Medical
    $987,006
    Retail
    $1,484,295
567 Talbotton St, Greenville, Georgia

Location Insight

City
Greenville
County
Meriwether
State
Georgia
Latitude
33.0253
Longitude
-84.7123
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
$4,700
$13,560
$80,100
$93,660
-
$33,900
$200,250
$234,150

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