647 Main StThomson, GA 30824

Property Details for 647 Main St

Year built

1971

Construction

CONCRETE

Lot size

0.89 AC

Property size (Sq ft)

4,680 SF

Zone code

1B

Property type

Office properties

Property subtype

Other office properties

APN

0T120 00000 124 000

APU

0T12000000124000

Description

This exceptional mixed-use property, located at 647 Main St, Thomson, GA 30824, presents a unique investment opportunity. The 4,680 square foot building, constructed in 1971, sits on a 0.9-acre lot (APN: 0T120124) and is zoned 1B. The property boasts two main office units with separate entrances, ideal for owner-occupancy or multiple tenants. A substantial 2,350 square foot warehouse space is situated at the rear, featuring 3-phase power, a 10-foot ceiling clearance, a 10x10 dock door, and an additional 1,100 square feet of covered outdoor space. A fenced lay-down yard enhances the warehouse's functionality. High visibility is ensured by two pylon signs and a fully leased double billboard on the property. The property benefits from its strategic location, just two miles from I-20 and situated on US Highway 78, with nearby major retailers such as Walmart, Harbor Freight, and Tractor Supply. The current owner will vacate prior to closing. This Class C building offers significant potential for a variety of uses and represents a compelling investment opportunity in a high-traffic area. The asking price is $425,000.

• CAP approach

  CAP return

  Valuation

  6%

  $1,041,087

  6.5%

  $961,003

  7%

  $892,360

• Comparable approach

  Method

  Valuation

  Relative Method

  $385,304

  Geo Method

  $385,304

• Alternative Use

  Use

  Valuation

  Residential

  $1,191,644

  Hospitality

  $1,091,539

  Educational

  $908,148

  Medical

  $939,380

  Retail

  $1,412,674

Location Insight

City

Thomson

County

Mcduffie

State

Georgia

Latitude

33.4807

Longitude

-82.5061

CBSA code

12260

CBSA name

AUGUSTA-RICHMOND COUNTY, GA-SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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