34 Main StHampton, GA 30228

Property Details for 34 Main St

Year built

1950

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.09 AC

Property size (Sq ft)

1,408 SF

Zone code

C2

Property type

Retail space

APN

H06-03002000

APU

H0603002000

Description

This exceptional 3,852 square foot freestanding retail building is situated on a highly desirable 0.72-acre corner lot in the heart of downtown Hampton, Georgia. The property boasts excellent visibility due to its location on a busy intersection, making it an ideal location for a variety of retail businesses. The building features a convenient drive-thru, a significant advantage for many retail operations. Furthermore, the ample lot size provides additional space for parking or potential future expansion. The property's zoning designation is Downtown Mixed Use, offering flexibility for a range of commercial uses beyond traditional retail. This presents a unique opportunity for an investor seeking a high-traffic location with significant potential for growth and return. The building's prime location and versatile zoning make it an attractive investment opportunity in a thriving downtown area. The existing structure offers immediate occupancy, while the additional land allows for future development or expansion to meet evolving business needs. This property is ready for a new owner to capitalize on its exceptional location and potential. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $263,261

  6.5%

  $243,010

  7%

  $225,652

• Comparable approach

  Method

  Valuation

  Relative Method

  $692,104

  Geo Method

  $692,104

• Alternative Use

  Use

  Valuation

  Residential

  $204,988

  Hospitality

  $187,768

  Educational

  $156,221

  Medical

  $161,594

  Retail

  $243,010

Location Insight

City

Hampton

County

Henry

State

Georgia

Latitude

33.3876

Longitude

-84.2827

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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