57 Oak StMcRae-Helena, GA 31055
- Retail properties
- 4,500 SF
Property Details for 57 Oak St
- Year built
- 1980
- Construction
- STEEL FRAME
- Lot size
- 0.13 AC
- Property size (Sq ft)
- 4,500 SF
- Zone code
- 1
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- MC1400 007
- APU
- MC1400007
Description
This exceptional 3,000-square-foot commercial property, located at 57 W Oak St in McRae-Helena, Georgia, presents a compelling investment opportunity. The single-story, 1980-built building sits on a 0.24-acre lot and is zoned C3, offering flexibility for various commercial uses. Previously utilized as an auto parts and repair shop, the spacious layout allows for customization to suit diverse business needs. The property boasts high visibility and convenient access, ensuring strong potential for attracting customers. Priced at $295,000, this represents an attractive price per square foot of $98.33. The building features a single unit with 3,000 square feet of net rentable space. There are no scheduled rent bumps. This owner-user opportunity is perfect for entrepreneurs seeking a well-located, adaptable space in a growing Georgia community. The property's convenient location in Telfair County, with its 31055 zip code, provides easy access to local amenities and transportation routes. This is a chance to acquire a substantial commercial building with significant potential for return on investment. The property's history as an auto shop provides a solid foundation for a variety of businesses, while its adaptable floor plan allows for easy customization to meet specific operational requirements. Don't miss this chance to own a piece of McRae-Helena's thriving commercial landscape.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $910,308
- 6.5%
- $840,285
- 7%
- $780,264
-
Comparable approach
- Method
- Valuation
- Relative Method
- $799,045
- Geo Method
- $799,045
-
Alternative Use
- Use
- Valuation
- Residential
- $708,812
- Hospitality
- $649,268
- Educational
- $540,183
- Medical
- $558,761
- Retail
- $840,285
Location Insight
- City
- Mc Rae Helena
- County
- Telfair
- State
- Georgia
- Latitude
- 32.0684
- Longitude
- -82.9029
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
FAQs
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