1807 Washington RdThomson, GA 30824

  • Retail properties
  • 804 SF
For Sale
$1,100,000 View listing

Property Details for 1807 Washington Rd

Year built
2005
Construction
STEEL FRAME
Lot size
0.74 AC
Property size (Sq ft)
804 SF
Zone code
C2
Property type
Retail properties
Property subtype
Drive through restaurants
APN
0T070 00000 011 000
APU
0T07000000011000

Description

This 804 sq ft retail property in Thomson, GA, presents a prime redevelopment opportunity. Located on Washington Road (approx. 28,100 VPD), it benefits from exceptional visibility and convenient access to I-20 (34,700 VPD). The 0.74-acre lot is situated near a concentration of national brands including Chick-fil-A, McDonald's, Starbucks, and numerous other fast-food and retail establishments. Its proximity to a 25-bed medical center, Walmart, and other major retailers ensures high foot traffic and strong consumer demographics. The single-unit building, constructed in 2005, is classified as Class B and is currently configured as a convenience store, but its adaptable nature makes it suitable for QSR/fast food or restaurant uses. The asking price is $1,100,000. This location offers significant potential for investors seeking a high-return redevelopment project in a thriving commercial corridor. The property is conveniently located approximately 1.5 miles from a Walmart-anchored shopping center and another anchored by Big Lots and Harbor Freight Tools. Additional nearby amenities include Walgreens, O'Reilly Auto Parts, and several other national retailers. Furthermore, it's within 3 miles of Thomson High School, serving a student population of 986. This presents a unique opportunity to capitalize on a strong retail environment and high daily traffic volume.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $262,920
    6.5%
    $242,695
    7%
    $225,360
  • Comparable approach

    Method
    Valuation
    Relative Method
    $166,807
    Geo Method
    $166,807
  • Alternative Use

    Use
    Valuation
    Residential
    $204,722
    Hospitality
    $187,525
    Educational
    $156,018
    Medical
    $161,384
    Retail
    $242,695
1807 Washington Rd, Thomson, Georgia

Location Insight

City
Thomson
County
Mcduffie
State
Georgia
Latitude
33.5058
Longitude
-82.5036
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
$3,558
$96,388
$42,670
$139,058
-
$240,970
$106,676
$347,646

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].