1100 Brampton AveStatesboro, GA 30458

  • Office buildings
  • 31,176 SF
For Sale
$6,500,000 View listing

Property Details for 1100 Brampton Ave

Year built
2006
Lot size
3.03 AC
Property size (Sq ft)
31,176 SF
Zone code
CR
Property type
Office buildings
APN
MS74 -198A-23A
APU
MS74198A23A

Description

This exceptional investment opportunity presents a 30,314 square foot, two-story shopping center situated on a 3.03-acre lot at 1100 Brampton Avenue in Statesboro, Georgia. The property boasts a prime location within the bustling Market District, ensuring high visibility and accessibility for tenants and customers alike. Its strategic placement guarantees strong foot traffic and consistent demand. Currently housing a diverse mix of established tenants, this multi-tenant property generates a reliable stream of rental income, offering immediate return on investment. The modern amenities and ample parking further enhance its appeal to a wide range of retail and commercial businesses. The building's substantial size, at 30,314 square feet, provides significant potential for future growth and expansion. This property represents a rare chance to acquire a key asset in one of Statesboro's most desirable commercial areas. The asking price for this exceptional investment opportunity is $6,500,000. The total square footage is 31,176 square feet. This property is classified as "Other" in property type.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,321,450
    6.5%
    $6,758,260
    7%
    $6,275,530
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,787,120
    Geo Method
    $2,120,280
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $13,602,200
    Retail / Commercial
    $6,917,050
    Mixed-Use / Specialty
    $6,846,610
    Hospitality / Lodging
    $4,963,540
    Institutional / Educational
    $7,101,360
    Residential Income
    $8,308,590
    Multifamily
    $10,218,700
    Automotive / Energy
    $6,086,880
    Parking / Income-Based Land
    $2,145,730
    Restaurant / Food Service
    $3,463,280
    Healthcare / Senior Housing
    $7,068,020

Location Insight

City
Statesboro
County
Bulloch
State
Georgia
Latitude
32.4115
Longitude
-81.7714
CBSA code
44340
CBSA name
STATESBORO, 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
$48,934
$461,280
$887,560
$1,348,840
-
$1,153,200
$2,218,900
$3,372,100

FAQs

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