650 Foster StCornelia, GA 30531

  • Industrial properties
  • 5,344 SF
For Sale
$430,000 View listing

Property Details for 650 Foster St

Year built
1961
Construction
STEEL FRAME
Lot size
8.81 AC
Property size (Sq ft)
5,344 SF
Zone code
AGRI
Property type
Industrial properties
Property subtype
Other warehouses
APN
087C003C
APU
087C003C

Description

This exceptional 4,000 square foot metal warehouse presents a compelling investment opportunity in Cornelia, Georgia. Situated on an expansive 11.75-acre lot (8.81 acres directly adjacent to the warehouse and an additional 2.94 acres next door), this property offers significant potential for expansion and diverse uses. Currently configured as a cabinet shop, the warehouse boasts a flexible layout ready for immediate occupancy or customization to suit your specific business needs. A section of the building shows the beginnings of an apartment or office conversion, offering further versatility. The property's strategic location on Highway 441 Bypass ensures high visibility and convenient access. The substantial acreage provides ample room for expansion, additional construction, or simply offers a generous buffer zone. This property is ideal for entrepreneurs seeking a ready-to-use space with significant growth potential or investors looking for a strong return. The combination of size, location, and expansion possibilities makes this a rare find in the Cornelia market. Don't miss this chance to acquire a versatile and strategically located industrial property.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,073,473
    Hospitality
    $983,296
    Educational
    $818,091
    Medical
    $846,226
    Retail
    $1,272,585
650 Foster St, Cornelia, Georgia

Location Insight

City
Cornelia
County
Habersham
State
Georgia
Latitude
34.5166
Longitude
-83.5437
CBSA code
18460
CBSA name
CORNELIA, 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
2024
$1,185
$39,752
$5,892
$45,644
-
$99,380
$14,730
$114,110

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