1082 Highway 19Thomaston, GA 30286

  • Turn key restaurants
  • 2,243 SF
For Sale
$550,000 View listing

Property Details for 1082 Highway 19

Year built
1973
Construction
FRAME
Lot size
0.41 AC
Property size (Sq ft)
2,243 SF
Zone code
C2
Property type
Turn key restaurants
APN
043C-003
APU
043C003

Description

This exceptional commercial property, located at 1082 Highway 19 N in Thomaston, Georgia, presents a compelling investment opportunity. The 2,243 square foot building sits on a 0.79-acre lot, offering ample space and potential for various commercial uses. Its prime location within Upson County's thriving commercial sector ensures high visibility and accessibility. The property benefits from its proximity to established businesses such as Chick-fil-A, Whataburger, and Aldi, guaranteeing significant foot traffic and brand recognition. Currently leased on a month-to-month basis, this property offers immediate income potential for investors while also providing the flexibility to reposition the space to meet specific business needs. The property's features include excellent accessibility, ample parking potential, and proximity to key amenities, making it an attractive option for a wide range of commercial enterprises. This is a rare chance to acquire a property in a high-demand area of Thomaston, offering significant return on investment potential. The asking price is $550,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $419,385
    6.5%
    $387,125
    7%
    $359,473
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,102,549
    Geo Method
    $1,102,549
  • Alternative Use

    Use
    Valuation
    Residential
    $326,554
    Hospitality
    $299,122
    Educational
    $248,866
    Medical
    $257,425
    Retail
    $387,125

Location Insight

City
Thomaston
County
Upson
State
Georgia
Latitude
32.9252
Longitude
-84.3332
CBSA code
45580
CBSA name
THOMASTON, GA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,509
$37,638
$58,152
$95,790
-
$94,095
$145,380
$239,475

FAQs

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