1015 Coggins DrElberton, GA 30635

Property Details for 1015 Coggins Dr

Year built

1984

Construction

WOOD

Lot size

3.25 AC

Property size (Sq ft)

5,717 SF

Zone code

GB

Property type

Office buildings

APN

031H 023

APU

031H023

Description

This exceptional mixed-use property in Elberton, Georgia, presents a unique live/work opportunity. Situated on a 3.25-acre lot at 1015 Coggins Dr, 30635, this property offers expansive downstairs office space featuring private offices, a conference room, a welcoming lobby, and open workspaces. Upstairs, a luxurious residence awaits, complete with a living room, dining area, full kitchen, three large bedrooms, three bonus rooms, laundry facilities, and four full bathrooms. A gated patio provides a private outdoor space. Ample parking is available, including a six-car covered, pull-through garage. A gunite pool and pool house add to the property's appeal. Conveniently located on Athens Hwy, it offers easy access to Athens. The property is fully fenced with a secure gated entrance. While needing some repairs and sold as-is, this presents a rare opportunity for entrepreneurs or established businesses seeking a combined live/work environment. The buyer is responsible for all inspections and due diligence. Asking price: $549,900.

• CAP approach

  CAP return

  Valuation

  6%

  $1,462,596

  6.5%

  $1,350,088

  7%

  $1,253,653

• Comparable approach

  Method

  Valuation

  Relative Method

  $470,681

  Geo Method

  $470,681

• Alternative Use

  Use

  Valuation

  Residential

  $1,674,110

  Hospitality

  $1,533,475

  Educational

  $1,275,834

  Medical

  $1,319,711

  Retail

  $1,984,630

Location Insight

City

Elberton

County

Elbert

State

Georgia

Latitude

34.1096

Longitude

-82.9028

Property Tax & Assessments

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