98 Gordon Commercial DrLaGrange, GA 30240

Property Details for 98 Gordon Commercial Dr

Year built

1989

Lot size

0.28 AC

Property size (Sq ft)

3,135 SF

Zone code

16- CP-GI

Property type

Office properties

Property subtype

Office buildings

APN

0602B002026A

APU

0602B002026A

Description

This exceptional commercial property at 98 Gordon Commercial Drive in Lagrange, Georgia, presents a fantastic opportunity for businesses seeking versatile and well-appointed office space. Boasting a generous 3,135 square feet, the building offers a flexible layout ideal for a variety of uses. The interior features five individual offices, perfect for creating private workspaces or departmental divisions. A sizable waiting area provides a welcoming reception space for clients and visitors. Four half-bathrooms ensure ample restroom facilities for staff and guests. Convenient on-site parking is available in the dedicated parking lot, eliminating parking hassles. Adding to its practicality, the property includes a laundry room, a valuable amenity for many businesses. Two main entrances provide convenient access and flexibility for workflow. The layout is easily adaptable, allowing for the potential division into two separate office units, providing significant expansion or rental possibilities. This property sits on a 0.28-acre lot, offering ample space and potential for future development. Priced competitively at $219,900, this is an exceptional value in the Lagrange commercial real estate market. The combination of size, features, and location makes this an outstanding investment opportunity. Don't miss this chance to secure a prime commercial property in a thriving area.

• CAP approach

  CAP return

  Valuation

  6%

  $398,753

  6.5%

  $368,080

  7%

  $341,788

• Comparable approach

  Method

  Valuation

  Relative Method

  $611,513

  Geo Method

  $611,513

• Alternative Use

  Use

  Valuation

  Residential

  $456,419

  Hospitality

  $418,077

  Educational

  $347,835

  Medical

  $359,798

  Retail

  $541,077

Location Insight

City

Lagrange

County

Troup

State

Georgia

Latitude

33.0246

Longitude

-85.0649

CBSA code

29300

CBSA name

LAGRANGE, GA-AL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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