14455 Us Highway 1Wrens, GA 30833

Property Details for 14455 Us Highway 1

Year built

1948

Construction

WOOD

Lot size

1.00 AC

Property size (Sq ft)

7,307 SF

Zone code

I2

Property type

Retail properties

Property subtype

Turn key restaurants

APN

0067-030-E

APU

0067030E

Description

This exceptional 4.25-acre commercial property, located at 14455 US Highway 1 in Wrens, Georgia, presents a unique investment opportunity. The 7,307 square foot building, formerly a restaurant, requires renovation but benefits from its prime location. Recent Department of Transportation improvements have widened US Highway 1 to four lanes, significantly increasing visibility and accessibility. This strategic location is near the major intersection of Highways 1 and 88, ensuring high traffic volume and excellent exposure for any commercial venture. The property's proximity to the Fall Line Freeway, connecting Columbus, Georgia (near the Alabama border) to Augusta, further enhances its strategic value. The expansive 4.25-acre lot offers ample space for development, accommodating a variety of commercial uses. This is an ideal site for businesses seeking high visibility and convenient access to major transportation routes. The seller has recently added an additional 3.25 acres to the original one-acre parcel, resulting in a total of 4.25 acres. This significant increase in land area provides even greater flexibility for development plans. The property is situated in Jefferson County, offering access to local amenities and a growing community. This is a rare opportunity to acquire a substantial commercial property in a high-growth area with excellent potential for future development.

• CAP approach

  CAP return

  Valuation

  6%

  $1,615,410

  6.5%

  $1,491,148

  7%

  $1,384,638

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,347,336

  Geo Method

  $1,515,995

• Alternative Use

  Use

  Valuation

  Residential

  $1,257,839

  Hospitality

  $1,152,174

  Educational

  $958,595

  Medical

  $991,563

  Retail

  $1,491,148

Location Insight

City

Wrens

County

Jefferson

State

Georgia

Latitude

33.188

Longitude

-82.4008

Property Tax & Assessments

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