300 Alamar StFort Oglethorpe, GA 30742

Property Details for 300 Alamar St

Year built

1982

Construction

WOOD

Lot size

0.51 AC

Property size (Sq ft)

4,900 SF

Zone code

FOR

Property type

Retail properties

Property subtype

Retail space

APN

0003B014

APU

0003B014

Description

This exceptional commercial property, located at 300 Alamar St., Fort Oglethorpe, GA 30742, offers 4,900 square feet of space in a thriving business district. The single-story building, constructed in 1982, sits on a 0.51-acre lot and is zoned for commercial use. Currently configured as a mixed-use space, including daycare/nursery and traditional office components, it presents a versatile opportunity for various commercial ventures. The property features two units and benefits from high visibility due to its location within a busy commercial hub, surrounded by national retailers and local businesses. Its convenient access to major roads ensures easy accessibility for customers and employees. Ample parking is available. The asking price for this investment opportunity is $499,900. The property's adaptability makes it suitable for a range of commercial uses, including retail, office spaces, or service-based businesses. This prime location offers significant potential for growth and return on investment. The building's existing infrastructure provides a solid foundation for immediate occupancy or customization to meet specific business needs. This is a rare opportunity to acquire a well-situated commercial property in a high-demand area.

• CAP approach

  CAP return

  Valuation

  6%

  $1,523,466

  6.5%

  $1,406,276

  7%

  $1,305,828

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,011,366

  Geo Method

  $2,408,601

• Alternative Use

  Use

  Valuation

  Residential

  $1,186,247

  Hospitality

  $1,086,596

  Educational

  $904,035

  Medical

  $935,126

  Retail

  $1,406,276

Location Insight

City

Fort Oglethorpe

County

Catoosa

State

Georgia

Latitude

34.9547

Longitude

-85.2493

CBSA code

16860

CBSA name

CHATTANOOGA, TN-GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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