10200 Commerce StSummerville, GA 30747

  • Auto shops
  • 1,500 SF
For Sale
$399,000 View listing

Property Details for 10200 Commerce St

Year built
2003
Construction
STEEL FRAME
Lot size
0.69 AC
Property size (Sq ft)
1,500 SF
Property type
Auto shops
APN
00S27-00000-040-000
APU
00S2700000040000

Description

This exceptional single-tenant commercial property, located at 10200 Commerce St in Summerville, Georgia, presents a unique opportunity. The 3,500 square foot building sits on a 0.69-acre lot and is ideally suited for a coworking space or similar business. Constructed in 2003, this one-story building is zoned C-2, offering flexibility for various commercial uses. The property boasts a versatile layout, including approximately 1,500 square feet of office space and 2,000 square feet of garage/warehouse space, providing ample room for diverse needs. The high-traffic location, with a Georgia Department of Transportation reported traffic count of 18,300 vehicles per day, ensures excellent visibility and accessibility. The entire 3,500 square feet is currently vacant, allowing for immediate occupancy and customization to suit a tenant's specific requirements. This property offers a blend of office and warehouse space, making it an attractive option for businesses seeking a combination of professional office space and storage or workshop capabilities. Located in Chattooga County, Georgia, with a zip code of 30747, this property is ready for immediate lease.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $366,500
    6.5%
    $338,308
    7%
    $314,143
  • Comparable approach

    Method
    Valuation
    Relative Method
    $254,108
    Geo Method
    $304,294
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $663,624
    Mixed-Use / Specialty
    $335,530
    Hospitality / Lodging
    $244,121
    Office
    $331,899
    Institutional / Educational
    $348,254
    Residential Income
    $407,457
    Multifamily
    $497,397
    Automotive / Energy
    $298,503
    Parking / Income-Based Land
    $104,563
    Restaurant / Food Service
    $171,157
    Healthcare / Senior Housing
    $345,692

Location Insight

City
Summerville
County
Chattooga
State
Georgia
Latitude
34.4825
Longitude
-85.3461
CBSA code
44900
CBSA name
SUMMERVILLE, GA MICROPOLITAN 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
$1,985
$46,023
$24,682
$70,705
-
$115,058
$61,705
$176,763

FAQs

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