507 Walke Dairy RdDublin, GA 31021

Property Details for 507 Walke Dairy Rd

Year built

2001

Construction

STEEL FRAME

Lot size

0.46 AC

Property size (Sq ft)

3,200 SF

Zone code

UNZONED SUBURBAN

Property type

Retail space

APN

099D-014

APU

099D014

Description

This exceptional commercial property, located at 507 Walke Dairy Road in Dublin, Georgia, presents a unique investment opportunity. Boasting 3,200 square feet on a 0.46-acre lot, this retail space underwent a complete renovation in 2023. Upgrades include new electrical and lighting systems, energy-efficient windows and doors, spray foam insulation, updated ductwork, custom built-ins, and stylish changing rooms. The interior features attractive quartz countertops, stained concrete floors, and a versatile open floor plan in the front. The rear of the building offers a large storage room, an office, and two half-bathrooms—one fully remodeled and one newly added. A hallway bathroom provides convenient customer access. Multiple entry and exit doors enhance functionality. Exterior improvements include a repaved front parking lot, added gravel in the rear, and a new side fence. A security system with interior and exterior cameras and a monitor is included. A separate storage building is also part of the property. This property benefits from its location just outside city limits, avoiding city taxes, yet enjoys close proximity to shopping, restaurants, medical facilities, and other businesses. This is an ideal location for a new or expanding business. The asking price is $449,000.

• CAP approach

  CAP return

  Valuation

  6%

  $650,477

  6.5%

  $600,440

  7%

  $557,552

• Comparable approach

  Method

  Valuation

  Relative Method

  $649,160

  Geo Method

  $649,160

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,172,550

  Mixed-Use / Specialty

  $597,641

  Hospitality / Lodging

  $437,613

  Office

  $593,405

  Institutional / Educational

  $621,071

  Residential Income

  $726,653

  Multifamily

  $875,160

  Automotive / Energy

  $532,346

  Parking / Income-Based Land

  $184,357

  Restaurant / Food Service

  $309,432

  Healthcare / Senior Housing

  $613,545

Location Insight

City

Dublin

County

Laurens

State

Georgia

Latitude

32.5391

Longitude

-82.9575

CBSA code

20140

CBSA name

DUBLIN, GA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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