615 Patterson RdLaFayette, GA 30728

  • Other commercial real estate
  • 1,340 SF
For Sale
$178,000 View listing

Property Details for 615 Patterson Rd

Year built
1946
Construction
WOOD
Lot size
0.98 AC
Property size (Sq ft)
1,340 SF
Zone code
B2
Property type
Other commercial real estate
APN
1049 021
APU
1049021

Description

This unique 1,340 square foot log structure, situated on a 0.98-acre corner lot in Lafayette, Georgia, presents a compelling investment opportunity. Previously operating as a dental practice, the building retains its dental equipment, which the seller will either leave or remove as per the buyer's preference. The property's charming character and versatile zoning (B2) offer a wide range of potential uses. The City of LaFayette Planning and Zoning department permits retail, office, general business, or multifamily development, subject to verification by prospective buyers. Its convenient location provides excellent visibility and accessibility, with frontage on Highway 136 and ample on-site parking. The property enjoys a strategic position near established businesses, including a Dialysis Center, Medical Clinic, and Lookout Mountain Community Services. This presents a rare chance to acquire a well-located, adaptable property with significant potential for redevelopment or continued use in a healthcare or commercial setting. The substantial lot size and prime location make this an attractive proposition for entrepreneurs and investors seeking a versatile space with high visibility and convenient access to major roadways. Buyers are responsible for verifying all zoning regulations and permitted uses with the City of LaFayette. The asking price is $178,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $324,402
    Hospitality
    $297,151
    Educational
    $247,226
    Medical
    $255,728
    Retail
    $384,574
615 Patterson Rd, LaFayette, Georgia

Location Insight

City
La Fayette
County
Walker
State
Georgia
Latitude
34.7003
Longitude
-85.2697
CBSA code
16860
CBSA name
CHATTANOOGA, TN-GA METROPOLITAN 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
2023
$569
$5,676
$17,521
$23,197
-
$14,190
$43,803
$57,993

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