871 Northside DrStatesboro, GA 30458

Property Details for 871 Northside Dr

Year built

1992

Construction

STEEL FRAME

Lot size

0.53 AC

Property size (Sq ft)

6,080 SF

Zone code

CR

Property type

Retail properties

Property subtype

Retail space

APN

S52-003-000

APU

S52003000

Description

This exceptional retail center, located at 871 Northside Drive E in Statesboro, Georgia, offers 7,430 square feet of versatile commercial space on a 0.53-acre lot. Its prime location ensures high traffic and excellent visibility, making it ideal for a variety of businesses. The property is currently divided into three distinct units, each offering unique features and potential. The first unit, a former paint store, boasts approximately 3,516 square feet, including a spacious 2,166 square foot showroom, a 1,350 square foot warehouse area, an office, and a separate bathroom. A 10x10 roll-up door provides convenient access for loading and unloading. The second unit, currently occupied by a daycare center, comprises approximately 2,000 square feet and features recent renovations, including two bathrooms and a kitchen. A roll-up door leads to a private fenced area, offering additional outdoor space. While currently enclosed, this roll-up door can be easily reopened. The third unit, occupied by a church, offers 1,914 square feet with a bathroom and multiple rooms. This property's strategic location near downtown Statesboro, along with its proximity to shopping and restaurants, provides unparalleled access to a thriving customer base. The asking price for this exceptional opportunity is $949,000.

• CAP approach

  CAP return

  Valuation

  6%

  $1,325,743

  6.5%

  $1,223,763

  7%

  $1,136,351

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,021,638

  Geo Method

  $1,042,022

• Alternative Use

  Use

  Valuation

  Residential

  $1,032,290

  Hospitality

  $945,572

  Educational

  $786,705

  Medical

  $813,761

  Retail

  $1,223,763

Location Insight

City

Statesboro

County

Bulloch

State

Georgia

Latitude

32.4425

Longitude

-81.7681

CBSA code

44340

CBSA name

STATESBORO, GA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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