2302 Point RdLaGrange, GA 30240

Property Details for 2302 Point Rd

Year built

1946

Lot size

4.90 AC

Property size (Sq ft)

1,421 SF

Zone code

01-GC

Property type

Office properties

Property subtype

Other office properties

APN

0711C000012

APU

0711C000012

Description

This exceptional 4.95-acre commercial property presents a prime development opportunity in LaGrange, Georgia. Situated on a highly visible corner lot at a major state highway intersection, this site boasts unparalleled exposure to substantial traffic volumes, including industrial, commuter, and retail traffic. The property's strategic location offers endless possibilities for a wide range of commercial ventures. Potential uses include, but are not limited to, gas stations, shopping centers, quick-serve restaurants, and auto service shops. The high visibility and significant traffic flow make this an ideal location for businesses seeking maximum exposure and accessibility. This is one of the last remaining premier undeveloped corner lots in this desirable area, representing a rare chance to establish a thriving commercial enterprise. The expansive acreage provides ample space for large-scale development, catering to diverse business needs. Serious inquiries are encouraged to explore the full potential of this exceptional commercial property. The property is offered at $693,000. The address is 2302 West Point Road, LaGrange, GA.

• CAP approach

  CAP return

  Valuation

  6%

  $180,743

  6.5%

  $166,839

  7%

  $154,922

• Comparable approach

  Method

  Valuation

  Relative Method

  $277,180

  Geo Method

  $277,180

• Alternative Use

  Use

  Valuation

  Residential

  $206,881

  Hospitality

  $189,502

  Educational

  $157,663

  Medical

  $163,086

  Retail

  $245,254

Location Insight

City

Lagrange

County

Troup

State

Georgia

Latitude

33.0235

Longitude

-85.0814

CBSA code

29300

CBSA name

LAGRANGE, GA-AL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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