5262 Bouldercrest RdEllenwood, GA 30294

Property Details for 5262 Bouldercrest Rd

Year built

1960

Construction

CONCRETE

Lot size

0.53 AC

Property size (Sq ft)

1,950 SF

Zone code

GB

Property type

Auto shops

APN

12-183D- D-003

APU

12183DD003

Description

This exceptional 3,900 square foot commercial property, located at 5262 Bouldercrest Road in Ellenwood, Georgia, presents a unique investment opportunity. Situated on a 0.53-acre lot, this historic building offers immense potential for a variety of commercial ventures. Previously a bank, the property boasts a secure vault and a convenient bay door, adding to its versatility. The building is equipped with all necessary utilities, ensuring a smooth transition for any new business. Ample rear parking is available for customers and employees. The flexible layout allows for customization to suit individual business needs, making it ideal for entrepreneurs seeking a space to bring their commercial vision to life. With some tender loving care, this property can be transformed into a thriving commercial hub. The asking price is $525,000. This is a rare chance to own a piece of Ellenwood's commercial landscape and establish a successful enterprise. Don't miss this chance to acquire a property rich in history and brimming with potential. The property's location in Ellenwood, GA offers excellent access to local amenities and transportation routes. The existing infrastructure, including utilities and parking, minimizes initial setup costs and allows for a quick start to operations. The combination of historical charm and modern functionality makes this a truly unique opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $364,602

  6.5%

  $336,555

  7%

  $312,516

• Comparable approach

  Method

  Valuation

  Relative Method

  $958,525

  Geo Method

  $958,525

• Alternative Use

  Use

  Valuation

  Residential

  $283,897

  Hospitality

  $260,048

  Educational

  $216,357

  Medical

  $223,798

  Retail

  $336,555

Location Insight

City

Ellenwood

County

Clayton

State

Georgia

Latitude

33.6106

Longitude

-84.2873

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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