114 Second AveGlenwood, GA 30428

Property Details for 114 Second Ave

Year built

2012

Construction

STEEL FRAME

Lot size

0.89 AC

Property size (Sq ft)

8,524 SF

Property type

Retail properties

Property subtype

Retail space

APN

G004 001

APU

G004001

Description

This exceptional 8,524-square-foot retail property, located at 114 E Second Ave in Glenwood, Georgia, presents a unique investment opportunity. Built in 2012, the single-story building sits on a 0.89-acre lot and boasts a convenient drive-thru window, ideal for various retail concepts. The property's zoning is classified as "Other," offering flexibility for potential uses. With 20 parking spaces available, customer convenience is ensured. The building's excellent condition and prime in-town location make it highly attractive. Its versatile design makes it suitable for a range of businesses, including, but not limited to, grocery stores, pharmacies, and restaurants. The property's parcel number is G004 001, and ownership is fee simple. The building's single-story design and ample parking provide easy accessibility for both customers and employees. Its central location within Glenwood offers excellent visibility and accessibility, making it an ideal location for a thriving business. The property's versatility and prime location make it a highly desirable investment opportunity in a growing market. Consider the potential for adapting this space into a unique event venue, capitalizing on its size and convenient location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,004,845

  6.5%

  $1,850,626

  7%

  $1,718,438

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,460,888

  Geo Method

  $1,460,888

• Alternative Use

  Use

  Valuation

  Residential

  $1,561,072

  Hospitality

  $1,429,934

  Educational

  $1,189,688

  Medical

  $1,230,603

  Retail

  $1,850,626

Location Insight

City

Glenwood

County

Wheeler

State

Georgia

Latitude

32.1797

Longitude

-82.6693

Property Tax & Assessments

FAQs

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