6778 Carrs Station RdSparta, GA 31087

  • Office buildings
  • 1,500 SF
For Sale
$285,000 View listing

Property Details for 6778 Carrs Station Rd

Year built
1998
Construction
WOOD
Lot size
1.03 AC
Property size (Sq ft)
1,500 SF
Zone code
RESIDENTIAL
Property type
Office buildings
APN
022 045
APU
22045

Description

This exceptional commercial property at 6778 Carrs Station Rd, Sparta, GA, presents a unique investment opportunity. The 2,220 square foot building boasts a well-designed layout, combining 720 square feet of dedicated office space with a spacious 1,500 square foot warehouse. The property sits on a 1.03-acre lot and features a significant advantage: eight covered bays perfect for boat repair or similar commercial uses. An open storage area complements the covered bays, providing ample space for equipment and materials. Its strategic location offers excellent visibility and convenient access, just minutes from the popular Lake Sinclair. This translates to high demand and a strong potential for continued success. The property is currently equipped as a boat repair shop, and the existing business may be available for separate purchase, offering a turnkey operation for a prospective buyer. This well-maintained facility presents a rare chance to acquire a thriving commercial property in a desirable lakeside community. The combination of building size, ample outdoor space, and prime location makes this an attractive investment for both established businesses seeking expansion and entrepreneurs looking to launch a new venture.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $322,296
    6.5%
    $297,504
    7%
    $276,254
  • Comparable approach

    Method
    Valuation
    Relative Method
    $292,590
    Geo Method
    $292,590
  • Alternative Use

    Use
    Valuation
    Residential
    $368,905
    Hospitality
    $337,915
    Educational
    $281,141
    Medical
    $290,810
    Retail
    $437,331

Location Insight

City
Sparta
County
Hancock
State
Georgia
Latitude
33.1855
Longitude
-83.1898
CBSA code
33300
CBSA name
MILLEDGEVILLE, GA MICROPOLITAN STATISTICAL AREA

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
$1,542
$9,600
$37,082
$46,682
-
$24,000
$92,706
$116,706

FAQs

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