707 Barnesville StThomaston, GA 30286

Property Details for 707 Barnesville St

Year built

1965

Construction

WOOD

Lot size

0.04 AC

Property size (Sq ft)

1,353 SF

Zone code

C2

Property type

Retail space

APN

T31-180

APU

T31180

Description

This exceptional 1,353 square foot commercial property located at 707 Barnesville Street in Thomaston, Georgia, presents a unique investment opportunity. Situated on a 0.04-acre lot, this general commercial building offers a blank canvas for a wide range of business ventures. The interior is currently empty, providing complete flexibility for customization to suit any specific needs. While the property does not include dedicated parking spaces, its strategic location ensures high foot traffic, making it particularly well-suited for retail businesses, offices, cafes, or creative studios. The asking price is $43,500. This represents a significant opportunity to establish a business in a thriving area with minimal upfront investment in renovations. The building's size and location offer a strong foundation for success, allowing for a tailored space that perfectly reflects the brand and vision of the future occupant. The absence of existing fixtures and finishes allows for complete creative control over the interior design and layout. This property is ideal for entrepreneurs seeking a cost-effective entry point into the Thomaston commercial market. The high foot traffic ensures excellent visibility and accessibility for customers. Don't miss this chance to transform this versatile space into a thriving business hub.

• CAP approach

  CAP return

  Valuation

  6%

  $205,175

  6.5%

  $189,392

  7%

  $175,864

• Comparable approach

  Method

  Valuation

  Relative Method

  $274,473

  Geo Method

  $274,473

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $378,523

  Mixed-Use / Specialty

  $185,003

  Hospitality / Lodging

  $130,896

  Office

  $180,036

  Institutional / Educational

  $191,002

  Residential Income

  $223,472

  Multifamily

  $288,607

  Automotive / Energy

  $163,716

  Parking / Income-Based Land

  $60,165.20

  Restaurant / Food Service

  $88,296.20

  Healthcare / Senior Housing

  $193,526

Location Insight

City

Thomaston

County

Upson

State

Georgia

Latitude

32.8937

Longitude

-84.3165

CBSA code

45580

CBSA name

THOMASTON, GA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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