101 Hodgeville RdPort Wentworth, GA 31407

Property Details for 101 Hodgeville Rd

Year built

1969

Lot size

1.00 AC

Property size (Sq ft)

3,360 SF

Property type

Retail properties

Property subtype

Grocery and convenience stores

APN

7-1017 -02-010

APU

7101702010

Description

This exceptional investment opportunity presents a profitable gas station and convenience store located at 101 Hodgeville Rd, Port Wentworth, GA 31407, within the rapidly growing Savannah metropolitan area. The property, situated on a 1.9-acre lot at the corner of Hodgeville Rd and Hwy 30, boasts a 2,880 square foot main building encompassing a 1,200 square foot convenience store and a 1,680 square foot, two-bedroom, two-bathroom apartment. An additional 1,200 square foot building is also included, offering significant expansion potential. The property features six gas pumps and is part of the Marathon brand. The existing zoning (PC1) allows for expansion opportunities, including the addition of a carwash and emission testing center, with the lot configuration permitting an additional curb cut. Built in 1969, this Class C property is currently vacant, presenting a unique chance for owner-user occupancy. The property's gross receipts exceeded $1 million. This is a prime location in a high-growth area, offering substantial potential for increased revenue and return on investment. The property includes two buildings and is a two-story structure. The Chatham County APN is 7101702010. The asking price is $3,200,000.

• CAP approach

  CAP return

  Valuation

  6%

  $1,023,471

  6.5%

  $944,742

  7%

  $877,261

• Comparable approach

  Method

  Valuation

  Relative Method

  $756,963

  Geo Method

  $575,854

• Alternative Use

  Use

  Valuation

  Residential

  $796,926

  Hospitality

  $729,980

  Educational

  $607,334

  Medical

  $628,222

  Retail

  $944,742

Location Insight

City

Port Wentworth

County

Chatham

State

Georgia

Latitude

32.1957

Longitude

-81.2479

CBSA code

42340

CBSA name

SAVANNAH, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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