3018 Highway 337Menlo, GA 30731

Property Details for 3018 Highway 337

Year built

2006

Construction

STEEL FRAME

Lot size

0.16 AC

Property size (Sq ft)

5,100 SF

Property type

Retail properties

Property subtype

Other individual retail properties

APN

00M06-00000-026-000

APU

00M0600000026000

Description

This exceptional 6,000 square foot commercial building is ideally situated at 3018 Highway 337 in Menlo, Georgia. Boasting a prominent location on a 0.16-acre lot, this property offers significant potential for a variety of businesses. The building features a welcoming main entrance with a lobby reception area, perfect for creating a professional first impression. Two private offices provide dedicated workspace, while public restrooms ensure convenience for clients and employees. An upstairs finished area overlooks the main floor, offering additional space for expansion or specialized use. Access is convenient with a main double door entrance, two side walk-through doors, and a large overhead door, catering to diverse operational needs. The building's exterior height measures 18 feet. Climate control is ensured by four HVAC units providing both heating and cooling. Ample parking is available both on the street and along the side of the building, ensuring ease of access for customers and staff. This versatile property presents a unique opportunity for entrepreneurs and established businesses seeking a well-maintained and strategically located commercial space in the thriving city of Menlo. The property is priced at $250,000.

• CAP approach

  CAP return

  Valuation

  6%

  $1,585,648

  6.5%

  $1,463,675

  7%

  $1,359,127

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,093,462

  Geo Method

  $2,506,911

• Alternative Use

  Use

  Valuation

  Residential

  $1,234,665

  Hospitality

  $1,130,946

  Educational

  $940,934

  Medical

  $973,294

  Retail

  $1,463,675

Location Insight

City

Menlo

County

Chattooga

State

Georgia

Latitude

34.4853

Longitude

-85.4761

CBSA code

44900

CBSA name

SUMMERVILLE, GA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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