20 Oak StJackson, GA 30233

Property Details for 20 Oak St

Year built

1940

Lot size

0.19 AC

Property size (Sq ft)

20,002 SF

Zone code

C-1

Property type

Investment properties

Property subtype

Retail residential properties

APN

J0120-186-000

APU

J0120186000

Description

This exceptional 20,000 square foot storefront property located at 20 Oak St, Jackson, GA 30233, presents a significant investment opportunity in the vibrant Downtown Jackson Square. Currently operating under a modified lease, the property boasts a 50% occupancy rate, with the entire ground floor occupied by Citi Trends. The building offers substantial potential for expansion and diversification, given its prime location and considerable size. The asking price is $650,000. The property is classified as retail, with a single tenancy and a storefront subtype. The lease term is currently at zero years, indicating a flexible opportunity for a new owner to establish favorable lease agreements. This property is situated in Butts County, Georgia, offering easy access to major transportation routes and a thriving local community. The address is precisely 20 Oak St, Jackson, GA 30233, with GPS coordinates of 33.2949101 latitude and -83.9676552 longitude. This is a rare chance to acquire a substantial retail space in a desirable location with immediate income potential. The property's size and location make it ideal for a variety of retail uses, offering a strong return on investment for the discerning buyer. Don't miss this chance to own a piece of Downtown Jackson's thriving commercial landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $3,154,727

  6.5%

  $2,912,055

  7%

  $2,704,052

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,047,464

  Geo Method

  $6,047,464

• Alternative Use

  Use

  Valuation

  Residential

  $2,912,055

  Hospitality

  $2,667,427

  Educational

  $2,219,268

  Medical

  $2,295,592

  Retail

  $3,452,195

Location Insight

City

Jackson

County

Butts

State

Georgia

Latitude

33.2948

Longitude

-83.9677

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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