13 Lee StForsyth, GA 31029

Property Details for 13 Lee St

Year built

1950

Construction

CONCRETE

Lot size

0.10 AC

Property size (Sq ft)

3,456 SF

Zone code

1

Property type

Office properties

Property subtype

Office buildings

APN

F26-030

APU

F26030

Description

This exceptional 3,456 square foot commercial property is situated in the vibrant heart of downtown Forsyth, Georgia, on a 0.1-acre lot at 13 N Lee Street. Its prime location on the bustling historic square ensures high visibility and significant foot and auto traffic, ideal for businesses seeking maximum exposure. The building features three separate office suites, each with its own utilities, offering flexibility for various business needs. One suite is currently occupied, while two 1,000 square foot spaces are immediately available for lease. The property's strategic location provides unparalleled convenience, with easy access to a wide array of amenities. These include diverse dining and entertainment options, schools, county and city government offices, banking institutions, and convenient proximity to I-75 and a local hospital. This presents a unique opportunity to establish a presence in a thriving and growing community. The building allows for prominent signage, further enhancing its visibility and marketing potential. This property is priced at $399,900 and offers a compelling investment opportunity for businesses seeking a high-traffic, well-located space in a dynamic downtown setting. The existing infrastructure and convenient location make this an attractive option for a variety of commercial uses.

• CAP approach

  CAP return

  Valuation

  6%

  $439,582

  6.5%

  $405,768

  7%

  $376,785

• Comparable approach

  Method

  Valuation

  Relative Method

  $674,127

  Geo Method

  $674,127

• Alternative Use

  Use

  Valuation

  Residential

  $503,153

  Hospitality

  $460,885

  Educational

  $383,451

  Medical

  $396,639

  Retail

  $596,480

Location Insight

City

Forsyth

County

Monroe

State

Georgia

Latitude

33.0345

Longitude

-83.9381

CBSA code

31420

CBSA name

MACON, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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