291 Broad StWinder, GA 30680

Property Details for 291 Broad St

Year built

1936

Construction

LIGHT FRAME

Lot size

1.00 AC

Property size (Sq ft)

912 SF

Zone code

2

Property type

Office properties

Property subtype

Other office properties

APN

WN19 091

APU

WN19091

Description

This exceptional commercial property, located at 291 N Broad Street in Winder, Georgia (zip code 30680), presents a unique investment opportunity. The property boasts a prime location, situated adjacent to a thriving shopping center and directly across the street from a local hospital, ensuring high visibility and foot traffic. The 1-acre lot features significant road frontage on a busy thoroughfare, maximizing exposure for any business. The property comprises two existing buildings, currently generating rental income, offering immediate return on investment. Built in 1936, these structures provide a solid foundation for continued operation or potential redevelopment. The property's versatility is further enhanced by its zoning, accommodating a range of uses, including office, retail, and industrial applications. Its proximity to key amenities and high traffic volume make it particularly well-suited for a restaurant chain, though other commercial ventures would also thrive in this location. The asking price for this exceptional property is $905,000. This represents a compelling opportunity to acquire a well-positioned, income-producing asset in a rapidly growing area. The property's dual-building structure and prime location offer significant potential for long-term growth and profitability.

• CAP approach

  CAP return

  Valuation

  6%

  $160,052

  6.5%

  $147,740

  7%

  $137,187

• Comparable approach

  Method

  Valuation

  Relative Method

  $105,874

  Geo Method

  $105,874

• Alternative Use

  Use

  Valuation

  Residential

  $183,198

  Hospitality

  $167,808

  Educational

  $139,614

  Medical

  $144,416

  Retail

  $217,178

Location Insight

City

Winder

County

Barrow

State

Georgia

Latitude

34.005

Longitude

-83.7064

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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