101 Buckingham DrGuyton, GA 31312

Property Details for 101 Buckingham Dr

Year built

2008

Construction

TYPE NOT SPECIFIED

Lot size

2.38 AC

Property size (Sq ft)

10,302 SF

Zone code

B-3

Property type

Retail properties

Property subtype

Strip malls

APN

3970042

APU

3970042

Description

This exceptional 10,000 square foot retail plaza presents a lucrative investment opportunity in Guyton, Georgia. Situated on a desirable 2.38-acre lot, this turn-key property boasts a charming Charleston-style storefront and is currently 100% occupied. The plaza features eight bays, each measuring 25 x 50 feet (1,250 square feet), currently configured into five distinct spaces. Tenants include a restaurant with a drive-thru window and integrated grease system, a church, a local business office, a salon, and a banquet venue complete with a full kitchen and existing furniture, fixtures, and equipment (FF&E). The property benefits from convenient public water and sewer services, ample parking (65 spaces), and two convenient entrances. Additional features include a large walk-in freezer, a commercial exhaust hood and fan, and a fully compliant fire marshal system. The plaza is ideally positioned at the entrance to a large neighborhood, and its strategic location is further enhanced by the construction of 350 new townhomes less than a mile away, promising significant future growth potential. The B-3 zoning allows for expansion and diverse business opportunities. This is a rare chance to acquire a well-maintained, high-performing retail center with substantial upside.

• CAP approach

  CAP return

  Valuation

  6%

  $3,138,035

  6.5%

  $2,896,648

  7%

  $2,689,744

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,320,902

  Geo Method

  $1,765,610

• Alternative Use

  Use

  Valuation

  Residential

  $2,443,430

  Hospitality

  $2,238,169

  Educational

  $1,862,131

  Medical

  $1,926,172

  Retail

  $2,896,648

Location Insight

City

Guyton

County

Effingham

State

Georgia

Latitude

32.1877

Longitude

-81.3175

CBSA code

42340

CBSA name

SAVANNAH, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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