127 Main StStatesboro, GA 30458

Property Details for 127 Main St

Year built

1970

Lot size

1.57 AC

Property size (Sq ft)

14,482 SF

Zone code

O

Property type

Office properties

Property subtype

Office buildings

APN

S17-088-000

APU

S17088000

Description

This 1,285 square foot traditional office space at 127 E Main St, Statesboro, GA 30458, is ideally situated at the corner of East Main and South Zetterower Avenue, offering excellent street frontage and high visibility. The single-tenant space is perfect for 5-8 employees and features three entrances, four private offices (one larger, accommodating two), and an open office/waiting area for one or two additional employees. Two restrooms are included, one with a full shower. Ten reserved parking spaces are available in a private lot. The building, renovated in 2021, boasts new LVT flooring in the offices, and some existing office furniture may be available. Conveniently located within walking distance of downtown restaurants, courthouses, and City Hall, this property is zoned commercial and allows for signage. This space is one half of a duplex office building. Availability begins June 2024.

• CAP approach

  CAP return

  Valuation

  6%

  $2,167,052

  6.5%

  $2,000,356

  7%

  $1,857,473

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,012,662

  Geo Method

  $984,921

• Alternative Use

  Use

  Valuation

  Residential

  $2,480,441

  Hospitality

  $2,272,071

  Educational

  $1,890,336

  Medical

  $1,955,348

  Retail

  $2,940,523

Location Insight

City

Statesboro

County

Bulloch

State

Georgia

Latitude

32.4537

Longitude

-81.784

CBSA code

44340

CBSA name

STATESBORO, GA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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