502 Harris StSandersville, GA 31082

  • Retail properties
  • 1,550 SF
For Sale
$158,000 View listing

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
502 Harris St, Sandersville, Georgia

Location Insight

City
Sandersville
County
Washington
State
Georgia
Latitude
32.9752
Longitude
-82.8098

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
$1,882
$36,080
$16,408
$52,488
-
$90,200
$41,020
$131,220

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