325 Northside DrStatesboro, GA 30458

For Lease
  • Strip malls
  • 102,529 SF

Property Details for 325 Northside Dr

Year built
1960
Lot size
18.07 AC
Property size (Sq ft)
102,529 SF
Zone code
CR
Property type
Strip malls
Property subtype
Neighborhood centers
APN
MS72 -008-002
APU
MS72008002

Description

Statesboro Mall offers exceptional retail opportunities with multiple spaces currently available. This established shopping center provides a diverse range of sizes, catering to various business needs. Spaces range from a compact 2,613 square feet to a substantial 38,720 square feet, allowing for flexibility in tenant selection and business operations. The property is classified as a retail mall with both inline and anchor spaces available, presenting a unique chance to establish a presence in a well-established retail environment. The multiple tenancy structure ensures a vibrant and bustling atmosphere, attracting a consistent flow of customers. This is an ideal location for businesses seeking high visibility and foot traffic within a thriving community. The flexible space options allow for customization to suit individual business requirements, making it a versatile choice for a variety of retail concepts. Interested parties are encouraged to inquire about specific space availability and lease terms. This presents a rare opportunity to secure a prime retail location within a successful and established shopping center. The property's strategic location within Statesboro Mall offers significant advantages for businesses seeking to expand their reach and tap into a strong local market. Detailed floor plans and lease terms are available upon request.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $27,585,874
    6.5%
    $25,463,884
    7%
    $23,645,036
  • Comparable approach

    Method
    Valuation
    Relative Method
    $20,583,348
    Geo Method
    $17,571,954
  • Alternative Use

    Use
    Valuation
    Residential
    $21,479,740
    Hospitality
    $19,675,326
    Educational
    $16,369,640
    Medical
    $16,932,616
    Retail
    $25,463,884
325 Northside Dr, Statesboro, Georgia

Location Insight

City
Statesboro
County
Bulloch
State
Georgia
Latitude
32.4361
Longitude
-81.7626
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
$109,739
$1,170,080
$3,685,922
$4,856,002
-
$2,925,200
$9,214,806
$12,140,006

FAQs

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