604 Simmons StDublin, GA 31021

Property Details for 604 Simmons St

Year built

1980

Construction

STEEL FRAME

Lot size

2.16 AC

Property size (Sq ft)

2,400 SF

Zone code

RESIDENTIAL

Property type

Retail properties

Property subtype

Auto shops

APN

D17C-205

APU

D17C205

Description

This exceptional 9.6-acre commercial property in Dublin, Georgia, presents a compelling investment opportunity. Priced at $185,000, the land comprises two parcels totaling 9.6 acres: one 2.16 acres and the other 7.44 acres. A significant feature is an existing 2500 square foot warehouse/storage building situated on one of the parcels, offering immediate utility. The property's current zoning is commercial, but there's potential for rezoning to residential use, expanding development options. Its ideal location makes it suitable for various businesses, including those requiring substantial storage space, such as trucking companies, or those needing ample parking, like auto repair shops or oil change facilities. The property boasts a private and quiet setting, offering a peaceful environment for business operations. This versatile land parcel presents a rare chance to acquire a substantial commercial property with existing infrastructure in a desirable location. The combination of land size, building, and zoning flexibility makes this an attractive investment with significant upside potential. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $690,183

  6.5%

  $637,092

  7%

  $591,586

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,179,723

  Geo Method

  $1,179,723

• Alternative Use

  Use

  Valuation

  Residential

  $537,411

  Hospitality

  $492,266

  Educational

  $409,559

  Medical

  $423,645

  Retail

  $637,092

Location Insight

City

Dublin

County

Laurens

State

Georgia

Latitude

32.5205

Longitude

-82.9172

CBSA code

20140

CBSA name

DUBLIN, GA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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