300 Broad StGriffin, GA 30223

  • Retail properties
  • 10,674 SF
For Sale
$575,000 View listing

Property Details for 300 Broad St

Year built
1908
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.17 AC
Property size (Sq ft)
10,674 SF
Zone code
COMMERCIAL
Property type
Retail properties
Property subtype
Retail space
APN
014 -36-001-A
APU
01436001A

Description

This exceptional commercial property, located at 300 W Broad Street in Griffin, Georgia, presents a unique investment opportunity. Situated on a prominent corner lot spanning 0.27 acres, this general commercial building offers 11,130 square feet of versatile space. The building features a convenient rear loading dock, ideal for efficient logistics and inventory management. The interior boasts a functional layout with ample office space. Flooring is comprised of durable ceramic tile throughout. The lighting system is a blend of fluorescent and incandescent fixtures, providing adaptable illumination for various operational needs. This property's prime corner location ensures high visibility and accessibility, making it an attractive option for a wide range of businesses seeking a well-established presence in a thriving community. The asking price is $575,000. This is a rare opportunity to acquire a substantial commercial property in a desirable location. Serious inquiries are encouraged.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,995,773
    6.5%
    $1,842,252
    7%
    $1,710,663
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,246,818
    Geo Method
    $5,246,818
  • Alternative Use

    Use
    Valuation
    Residential
    $1,554,008
    Hospitality
    $1,423,464
    Educational
    $1,184,305
    Medical
    $1,225,035
    Retail
    $1,842,252
300 Broad St, Griffin, Georgia

Location Insight

City
Griffin
County
Spalding
State
Georgia
Latitude
33.2498
Longitude
-84.2596
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
$6,467
$10,200
$157,408
$167,608
-
$25,500
$393,521
$419,021

FAQs

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