1291 Pine StUnadilla, GA 31091

Property Details for 1291 Pine St

Year built

2012

Construction

STEEL FRAME

Lot size

0.87 AC

Property size (Sq ft)

8,000 SF

Zone code

A-F

Property type

Retail properties

Property subtype

Outlet malls

APN

U16 24A

APU

U1624A

Description

This exceptional 576-square-foot warehouse space, ideally situated in Muncie's Muncie Yorktown submarket, presents a fantastic opportunity for businesses seeking efficient and secure storage solutions. Located at the intersection of Nebo Rd and Kilgore Ave, this single-tenant property offers convenient access and ample space to streamline operations. The warehouse boasts concrete floors, perfect for dry storage, ensuring the protection of your valuable inventory. While there are no loading docks or dock-high doors, the property's design prioritizes ease of access for smaller vehicles and deliveries. The building underwent renovations in 2021, reflecting a commitment to modern functionality. Electricity is available on-site (100 amp service), with the tenant responsible for utility costs. The property features private access, providing enhanced security and peace of mind. This space is currently fully occupied, representing a stable and reliable investment opportunity. The building's floor area ratio (FAR) is 564, and there is no on-site parking. This property is perfect for businesses needing a secure and conveniently located storage solution in the Muncie area.

• CAP approach

  CAP return

  Valuation

  6%

  $1,495,802

  6.5%

  $1,380,740

  7%

  $1,282,116

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,932,410

  Geo Method

  $3,932,410

• Alternative Use

  Use

  Valuation

  Residential

  $1,164,706

  Hospitality

  $1,066,864

  Educational

  $887,618

  Medical

  $918,145

  Retail

  $1,380,740

Location Insight

City

Unadilla

County

Dooly

State

Georgia

Latitude

32.2519

Longitude

-83.741

Property Tax & Assessments

FAQs

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