106 Pearl DrNaomi, GA 30728

  • Commercial real estate
  • 40,208 SF

Property Details for 106 Pearl Dr

Year built
2006
Lot size
3.96 AC
Property size (Sq ft)
40,208 SF
Zone code
B2
Property type
Commercial real estate
APN
10034 007
APU
10034007

Description

This exceptional 40,000 square foot retail, office, and special purpose property, located at 106 Pearl Dr, LaFayette, GA 30728, presents a unique investment opportunity. Built in 2007 and extensively renovated in 2023, the center boasts a prime location in Walker County's Lafayette GA Best Retail area, directly adjacent to a Walmart and benefiting from high customer traffic. Currently, 15,000 square feet of space is available, ideal for a single tenant or divisible for multiple occupants. The property features 30 parking spaces and is zoned for retail commercial use. The building's recent exterior renovation enhances its curb appeal and visibility. This is the only large shopping complex in the area, further amplified by the construction of 200 new homes directly behind the center, ensuring a growing customer base. The large, finished space is ready for immediate occupancy, offering excellent exposure to customers on the main drive. The property's multiple suites offer flexibility for various business needs.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $9,734,001
    Hospitality
    $8,916,292
    Educational
    $7,418,250
    Medical
    $7,673,376
    Retail
    $11,539,501

Location Insight

City
La Fayette
County
Walker
State
Georgia
Latitude
34.7476
Longitude
-85.271
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
$22,583
$99,600
$826,442
$926,042
-
$249,000
$2,066,104
$2,315,104

FAQs

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