57 Oak StMcRae-Helena, GA 31055

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 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.

• 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

FAQs

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