11901 Augusta RdLavonia, GA 30553

Property Details for 11901 Augusta Rd

Year built

1985

Construction

TYPE NOT SPECIFIED

Lot size

0.30 AC

Property size (Sq ft)

800 SF

Zone code

COMMERCIAL

Property type

Office properties

APN

L012-002-A

APU

L012002A

Description

This 800-square-foot commercial building located at 11901 Augusta Road in Lavonia, Georgia, presents a unique investment opportunity. Situated on a 0.3-acre lot, the property boasts a prime location with high visibility and traffic, making it ideal for a variety of commercial uses. Currently configured as a salon, the building's flexible layout allows for easy adaptation to different business needs. Its history includes use as a professional lending office, demonstrating its adaptability and suitability for diverse operations. The well-maintained structure offers significant potential for entrepreneurs seeking to establish or expand their businesses in a thriving community. The property's strategic location within Lavonia ensures excellent accessibility and exposure to a substantial customer base. This is an exceptional chance to acquire a versatile commercial space in a high-traffic area, ready for immediate occupancy and poised for future growth. The asking price is $199,000. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $231,955

  6.5%

  $214,112

  7%

  $198,819

• Comparable approach

  Method

  Valuation

  Relative Method

  $65,864

  Geo Method

  $65,864

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $431,207

  Retail / Commercial

  $219,228

  Mixed-Use / Specialty

  $216,955

  Hospitality / Lodging

  $157,231

  Institutional / Educational

  $225,012

  Residential Income

  $263,265

  Multifamily

  $324,015

  Automotive / Energy

  $192,868

  Parking / Income-Based Land

  $68,030.10

  Restaurant / Food Service

  $109,656

  Healthcare / Senior Housing

  $224,013

Location Insight

City

Lavonia

County

Franklin

State

Georgia

Latitude

34.4243

Longitude

-83.1045

Property Tax & Assessments

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