822 Senoia RdTyrone, GA 30290

Property Details for 822 Senoia Rd

Year built

1965

Construction

FRAME

Lot size

0.20 AC

Property size (Sq ft)

1,488 SF

Zone code

C C2

Property type

Retail space

APN

73801006

APU

73801006

Description

This exceptional commercial property, located at 822 Senoia Road in Tyrone, Georgia, presents a remarkable investment opportunity. Priced at $120,000, this 0.2-acre lot features a single building constructed in 1965. The structure, previously utilized as a furniture refurbishment and repair shop with office space, offers significant potential for redevelopment and customization. The property's size is deceptively large, exceeding initial visual impressions. The building requires renovation, providing a blank canvas for a prospective buyer to tailor the space to their specific business needs. Ample parking is available behind the building, a significant advantage given its corner lot location within the heart of Tyrone's business district. This property is being sold "as is," allowing for complete creative control and flexibility in its transformation. Whether envisioned as a new business location or a commercial rental property, this site offers substantial upside for the discerning investor. The property's address is 822 Senoia Road, Tyrone, GA 30290. Its convenient location and substantial size make it an ideal investment for entrepreneurs and developers alike.

• CAP approach

  CAP return

  Valuation

  6%

  $278,219

  6.5%

  $256,818

  7%

  $238,473

• Comparable approach

  Method

  Valuation

  Relative Method

  $731,428

  Geo Method

  $731,428

• Alternative Use

  Use

  Valuation

  Residential

  $216,635

  Hospitality

  $198,437

  Educational

  $165,097

  Medical

  $170,775

  Retail

  $256,818

Location Insight

City

Tyrone

County

Fayette

State

Georgia

Latitude

33.4708

Longitude

-84.5977

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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