400 Carver StMount Vernon, GA 30445

Property Details for 400 Carver St

Year built

1995

Construction

STEEL FRAME

Lot size

0.23 AC

Property size (Sq ft)

288 SF

Zone code

COMMERCIAL

Property type

Commercial real estate

APN

017-004C

APU

017004C

Description

This exceptional owner-user investment opportunity presents a prime industrial complex in Mount Vernon, Georgia. The property encompasses three buildings totaling 25,643 square feet on a 4.18-acre lot, strategically located approximately 100 miles from the Georgia Ports Authority in Savannah. Building #1, a cold storage office/warehouse, boasts 15,179 square feet, featuring a main office with a conference room, break room, kitchen, storage rooms, two restrooms, and a shipping/receiving office. The warehouse area includes refrigerated storage (40-degree range) with insulated walls and ample loading access via five 8x10-foot dock-high doors, one 9x12-foot drive-in door, and one 10x12-foot drive-in door. Ceiling heights range from 15 to 19 feet. Building #2, a 9,600-square-foot steel-framed office/warehouse with metal exterior walls and roof, offers 14-16-foot ceilings, three-phase power, an office area, two restrooms, and four drive-in doors (two 11x14 feet and two 12x14 feet). Finally, Building #3 is an 864-square-foot wood-frame office building with metal panel roofing, wood siding, and a restroom, plus a screened porch. The property is zoned I and features a total of five loading docks. The asking price is $1,015,000, or $39.58 per square foot, and $338,333.33 per unit. This is a rare opportunity to acquire a versatile and well-maintained industrial property with significant potential. The property's APN is 017 004B, MV01 006. Built in 1994, this one-story complex offers a unique blend of cold storage and general warehouse space.

• CAP approach

  CAP return

  Valuation

  6%

  $52,224

  6.5%

  $48,206.80

  7%

  $44,763.40

• Comparable approach

  Method

  Valuation

  Relative Method

  $19,586.90

  Geo Method

  $19,586.90

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $87,906.50

  Retail / Commercial

  $46,448.60

  Mixed-Use / Specialty

  $47,363.20

  Hospitality / Lodging

  $36,155.10

  Office

  $48,206.80

  Institutional / Educational

  $49,624.60

  Residential Income

  $58,060.80

  Multifamily

  $63,647.10

  Automotive / Energy

  $42,535.40

  Parking / Income-Based Land

  $13,611.30

  Restaurant / Food Service

  $26,939.10

  Healthcare / Senior Housing

  $47,462.40

Location Insight

City

Mount Vernon

County

Montgomery

State

Georgia

Latitude

32.1902

Longitude

-82.5986

CBSA code

47080

CBSA name

VIDALIA, GA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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