1807 Washington RdThomson, GA 30824

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

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.

• 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

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

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