201 Johnson StStatesboro, GA 30458

Property Details for 201 Johnson St

Year built

1979

Construction

STEEL FRAME

Lot size

1.37 AC

Property size (Sq ft)

8,375 SF

Zone code

LI

Property type

Retail properties

Property subtype

Outlet malls

APN

S18-175-000

APU

S18175000

Description

This exceptional 12,750-square-foot industrial flex space is ideally situated at 201 Johnson St in Statesboro, Georgia, within Bulloch County (APN: S18 000175 000). The single-tenant property boasts a 2019 renovation and sits on a 1.37-acre lot. The building features a single story with a generous 22-foot ceiling height, perfect for various industrial and warehousing needs. Loading and unloading are efficient with two loading docks and two dock-high doors, complemented by two drive-in doors. Ample parking is available with 15 spaces. The interior layout includes seven office spaces, a breakroom/kitchenette, and a climate-controlled 11,250-square-foot warehouse area. This property benefits from its proximity to the West District Development in downtown Statesboro, a rapidly growing market driven by Georgia Southern University, the Hyundai Plant, the Port of Savannah, and numerous national manufacturers. The property's strategic location and versatile design make it an attractive option for businesses seeking a functional and well-maintained industrial space in a thriving Georgia community. The zip code is 30458.

• CAP approach

  CAP return

  Valuation

  6%

  $1,842,228

  6.5%

  $1,700,518

  7%

  $1,579,052

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,475,786

  Geo Method

  $1,435,351

• Alternative Use

  Use

  Valuation

  Residential

  $1,434,451

  Hospitality

  $1,313,949

  Educational

  $1,093,190

  Medical

  $1,130,787

  Retail

  $1,700,518

Location Insight

City

Statesboro

County

Bulloch

State

Georgia

Latitude

32.4486

Longitude

-81.7888

CBSA code

44340

CBSA name

STATESBORO, GA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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