521 Hill StThomson, GA 30824

  • Retail properties
  • 2,946 SF
For Lease

Property Details for 521 Hill St

Year built
1956
Construction
WOOD
Lot size
0.18 AC
Property size (Sq ft)
2,946 SF
Zone code
B1
Property type
Retail properties
Property subtype
Retail space
APN
0T310 00000 007 000
APU
0T31000000007000

Description

This exceptional commercial property, located at 521 W. Hill Street in Thomson, Georgia, offers a substantial 27,104 square feet of office space in a single-tenant building. The building is classified as Class B and sits on a generous 3.17-acre lot (APN: 0T160012). Currently, 5,200 square feet of space is available, presenting a significant expansion opportunity. The property's strategic location just outside of downtown Thomson provides excellent visibility and accessibility. The surrounding area boasts a mix of professional and retail businesses, including The Family Y-Thomson, KJ's Market, Goody's, Subway, and Family Dollar, creating a vibrant and convenient environment. The available 5,200 square feet offers independent access and potential connectivity to the Family Y workout facility. This makes it an ideal location for businesses seeking synergy with established community resources. The property's size and location make it a compelling investment opportunity in a thriving Georgia community. The property is situated in McDuffie County, Georgia, with a zip code of 30824.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $963,365
    6.5%
    $889,260
    7%
    $825,741
  • Comparable approach

    Method
    Valuation
    Relative Method
    $611,211
    Geo Method
    $611,211
  • Alternative Use

    Use
    Valuation
    Residential
    $750,124
    Hospitality
    $687,109
    Educational
    $571,667
    Medical
    $591,327
    Retail
    $889,260
521 Hill St, Thomson, Georgia

Location Insight

City
Thomson
County
Mcduffie
State
Georgia
Latitude
33.463
Longitude
-82.492
CBSA code
12260
CBSA name
AUGUSTA-RICHMOND COUNTY, GA-SC 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
$1,430
$5,673
$33,882
$39,555
-
$14,183
$84,704
$98,887

FAQs

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