20 Oak StJackson, GA 30233
- Mixed-use properties
- 20,002 SF
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
- Mixed-use properties
- Property subtype
- Other investment 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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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