502 Harris StSandersville, GA 31082
- Retail properties
- 1,550 SF
Property Details for 502 Harris St
- Year built
- 1930
- Construction
- WOOD
- Lot size
- 0.37 AC
- Property size (Sq ft)
- 1,550 SF
- Zone code
- RESIDENTIAL
- Property type
- Retail properties
- Property subtype
- Other individual retail properties
- APN
- S21-062
- APU
- S21062
Description
This exceptional 1,550 square foot commercial property is ideally situated on a 0.37-acre corner lot in Sandersville, Georgia, at the intersection of Highway 15, S. Harris Street, and Newman Street. Its high-traffic location offers unparalleled visibility and accessibility. Currently configured as a home health care office, the building boasts five offices, one bathroom, a breakroom/kitchen area, and a substantial storage space. The ample paved parking lot comfortably accommodates 18 or more vehicles. Recent upgrades significantly enhance the property's value and functionality. These improvements, completed since 2022, include a new HVAC system, a new fence, updated landscaping, and a renovated bathroom. The metal roof is only four years old, ensuring long-term durability and low maintenance costs. The versatile layout makes this property suitable for a wide range of commercial uses, including professional offices, retail spaces, or any business requiring a combination of office and storage areas. This presents a unique opportunity to acquire a well-maintained, high-visibility commercial building in a thriving location with significant income potential. The property's prime location and recent renovations make it an exceptional investment opportunity.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $471,259
- 6.5%
- $435,008
- 7%
- $403,936
-
Comparable approach
- Method
- Valuation
- Relative Method
- $657,532
- Geo Method
- $657,532
-
Alternative Use
- Use
- Valuation
- Residential
- $366,946
- Hospitality
- $336,120
- Educational
- $279,648
- Medical
- $289,266
- Retail
- $435,008
Location Insight
- City
- Sandersville
- County
- Washington
- State
- Georgia
- Latitude
- 32.9752
- Longitude
- -82.8098
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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