1105 Pine StUnadilla, GA 31091
- Retail properties
- 7,505 SF
Property Details for 1105 Pine St
- Year built
- 1968
- Lot size
- 0.74 AC
- Property size (Sq ft)
- 7,505 SF
- Zone code
- C-2
- Property type
- Retail properties
- Property subtype
- Outlet malls
- APN
- U16 14
- APU
- U1614
Description
This exceptional commercial property in Unadilla, Georgia, presents a unique investment opportunity. The offering encompasses two parcels totaling 3.49 acres, strategically situated on US Highway 41. The main parcel (0.74 acres) features a substantial 7,505 square foot building, providing ample space for a variety of commercial ventures. The second parcel, a sizable 2.75 acres, offers significant development potential. This parcel boasts approximately 200 feet of frontage on US Highway 41 and an additional 500 feet of frontage on a convenient side road, making it ideal for expansion or the construction of new facilities. The high-traffic location on US Highway 41 ensures excellent visibility and accessibility. The property's substantial size and prime location make it suitable for a wide range of uses, including, but not limited to, a motel, truck parking facility, or other commercial developments that would benefit from proximity to a nearby truck stop. Note that the existing store inventory is not included in the sale price of $600,000. A small existing loan may be assumable, subject to qualification. This is a rare opportunity to acquire a significant commercial property in a desirable location with excellent growth potential.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,403,249
- 6.5%
- $1,295,306
- 7%
- $1,202,785
-
Comparable approach
- Method
- Valuation
- Relative Method
- $3,689,092
- Geo Method
- $3,689,092
-
Alternative Use
- Use
- Valuation
- Residential
- $1,092,640
- Hospitality
- $1,000,852
- Educational
- $832,697
- Medical
- $861,335
- Retail
- $1,295,306
Location Insight
- City
- Unadilla
- County
- Dooly
- State
- Georgia
- Latitude
- 32.25
- Longitude
- -83.7417
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
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