202 12Th AveCordele, GA 31015
- Office properties
- 2,597 SF
Property Details for 202 12Th Ave
- Year built
- 1925
- Lot size
- 0.17 AC
- Property size (Sq ft)
- 2,597 SF
- Zone code
- COMMERCIAL
- Property type
- Office properties
- Property subtype
- Other office properties
- APN
- C11-168
- APU
- C11168
Description
This exceptional 1-square-foot executive office space, located at 202 E 12th Ave in Cordele, Georgia (zip code 31015), presents a unique investment opportunity. Built in 1925, this property sits on a 0.17-acre lot (APN: C11 168) and is zoned for Office and Institutional use, offering remarkable versatility. Its central Cordele location ensures high visibility and convenient access to local amenities. The flexible zoning allows for a diverse range of uses, including but not limited to: medical offices, legal or accounting firms, beauty salons, small retail businesses, or even cafes. This makes it ideal for professionals seeking a prominent location to establish or expand their business. The property's prime location in Cordele, where commercial and residential uses blend seamlessly, presents a compelling opportunity for investors and entrepreneurs alike. This is a rare chance to acquire a piece of Cordele's vibrant commercial landscape. The asking price is $185,000. Serious inquiries are encouraged.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $262,311
- 6.5%
- $242,133
- 7%
- $224,838
-
Comparable approach
- Method
- Valuation
- Relative Method
- $184,621
- Geo Method
- $184,621
-
Alternative Use
- Use
- Valuation
- Residential
- $300,245
- Hospitality
- $275,023
- Educational
- $228,816
- Medical
- $236,685
- Retail
- $355,936
Location Insight
- City
- Cordele
- County
- Crisp
- State
- Georgia
- Latitude
- 31.9678
- Longitude
- -83.7809
- CBSA code
- 18380
- CBSA name
- CORDELE, GA MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
FAQs
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