518 Ogeechee StSylvania, GA 30467

Property Details for 518 Ogeechee St

Year built

1987

Construction

STEEL FRAME

Lot size

1.92 AC

Property size (Sq ft)

21,250 SF

Zone code

2

Property type

Retail properties

Property subtype

Outlet malls

APN

S06 024

APU

S06024

Description

This exceptional retail opportunity presents a 21,250 square foot free-standing commercial building located at 518 W Ogeechee Street in Sylvania, Georgia, 30467. Currently, 10,016 square feet of space is available for lease. The building is situated on a 1.92-acre lot and benefits from its location just north of the intersection of Pine Street (US Hwy 41) and I-75, providing exceptional visibility and accessibility. This property is adjacent to a Piggly Wiggly anchored shopping center, ensuring high foot traffic and a strong retail environment. The building itself is a former Family Dollar store, constructed of masonry and metal, and sits on a 0.87+/- acre lot. It is zoned for Highway Commercial use and boasts a daily vehicle count of over 4,026 on US Highway 41. The property's Parcel ID is U16 24A and is conveniently located within an Opportunity Zone. Owners are willing to subdivide the building to accommodate tenant needs. This is a rare opportunity to secure a prominent retail location in a thriving area.

• CAP approach

  CAP return

  Valuation

  6%

  $4,674,286

  6.5%

  $4,314,726

  7%

  $4,006,532

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,744,410

  Geo Method

  $4,408,772

• Alternative Use

  Use

  Valuation

  Residential

  $3,639,633

  Hospitality

  $3,333,884

  Educational

  $2,773,752

  Medical

  $2,869,146

  Retail

  $4,314,726

Location Insight

City

Sylvania

County

Screven

State

Georgia

Latitude

32.7458

Longitude

-81.6465

Property Tax & Assessments

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