9990 Highway 67Statesboro, GA 30458

Property Details for 9990 Highway 67

Year built

1998

Construction

STEEL FRAME

Lot size

5.38 AC

Property size (Sq ft)

10,000 SF

Zone code

AG-5/HC

Property type

Retail properties

Property subtype

Outlet malls

APN

111-007-001

APU

111007001

Description

This exceptional Statesboro, GA property boasts a 10,000 square-foot warehouse situated on 5.38 acres zoned Ag-5/Highway Commercial. Approximately 6,000 square feet are climate-controlled. The property includes a move-in ready 2,200 square-foot living suite with two bedrooms and two full bathrooms. Currently housing an antique store, the warehouse space offers versatile potential for office, flex warehouse, or logistics use. Benefitting from nearly 700 feet of Highway 67 frontage, this high-visibility location ensures significant daily traffic exposure. Its strategic location offers easy access to I-16 (3 miles), Georgia Southern University (9 miles), downtown Statesboro (11 miles), Bruce Yawn Commerce Parkway (15 miles), and the new Hyundai Metasite (21 miles). The property is ideally positioned to capitalize on the substantial growth in Bulloch County, fueled by major manufacturing expansions including Hyundai Motors, Aspen Aerogels, Ajin USA, Hanon Systems, and Ecoplastic Corporation, creating thousands of new jobs. Furthermore, nearly 600 residential lots/homes are under development within a four-mile radius. The warehouse is serviced by a 4-inch well. An adjacent, approximately 47-acre parcel, currently used for agriculture, is also available for purchase, offering significant expansion potential. This adjacent parcel is currently zoned Ag-5, with the seller actively pursuing an HC rezoning. This presents a unique opportunity to acquire a substantial property in a rapidly developing area.

• CAP approach

  CAP return

  Valuation

  6%

  $3,046,044

  6.5%

  $2,811,733

  7%

  $2,610,895

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,252,865

  Geo Method

  $1,713,852

• Alternative Use

  Use

  Valuation

  Residential

  $2,371,802

  Hospitality

  $2,172,558

  Educational

  $1,807,543

  Medical

  $1,869,707

  Retail

  $2,811,733

Location Insight

City

Statesboro

County

Bulloch

State

Georgia

Latitude

32.3036

Longitude

-81.7279

CBSA code

44340

CBSA name

STATESBORO, GA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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