512 Sumter StMontezuma, GA 31063

Property Details for 512 Sumter St

Year built

1975

Construction

WOOD

Lot size

0.69 AC

Property size (Sq ft)

10,889 SF

Zone code

2

Property type

Office properties

Property subtype

Office buildings

APN

4035-C-0003

APU

4035C0003

Description

This exceptional commercial property, located at 512 Sumter Street in Montezuma, Georgia, presents a significant investment opportunity. The building boasts a substantial 10,889 square feet of versatile space, ideal for a variety of commercial uses. Situated on a lot with no acreage, the property benefits from its convenient location within the town of Montezuma. The asking price is $199,000, representing a compelling value for a property of this size and potential. The building's large footprint offers ample room for expansion or adaptation to suit specific business needs. Its prime location within Montezuma provides excellent visibility and accessibility for customers and employees. The property is classified as General Commercial, allowing for a wide range of potential uses, subject to local zoning regulations. Serious inquiries are encouraged to explore the possibilities this property offers. Further details regarding the building's layout, utilities, and potential uses are available upon request. This is a rare opportunity to acquire a substantial commercial property in a desirable location at an attractive price point. Don't miss out on this chance to establish or expand your business in Montezuma, Georgia. Contact us today to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $1,385,016

  6.5%

  $1,278,476

  7%

  $1,187,156

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,124,008

  Geo Method

  $2,124,008

• Alternative Use

  Use

  Valuation

  Residential

  $1,585,310

  Hospitality

  $1,452,136

  Educational

  $1,208,160

  Medical

  $1,249,710

  Retail

  $1,879,360

Location Insight

City

Montezuma

County

Macon

State

Georgia

Latitude

32.2943

Longitude

-84.0296

Property Tax & Assessments

FAQs

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