57 Oak StMcRae-Helena, GA 31055

  • Retail properties
  • 4,500 SF
For Sale
$295,000 View listing

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
57 Oak St, McRae-Helena, Georgia

Location Insight

City
Mc Rae Helena
County
Telfair
State
Georgia
Latitude
32.0684
Longitude
-82.9029

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,163
$8,875
$19,870
$28,745
-
$22,187
$49,674
$71,861

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