365 Columbia AveRincon, GA 31326

Property Details for 365 Columbia Ave

Year built

1992

Construction

TYPE NOT SPECIFIED

Lot size

1.48 AC

Property size (Sq ft)

7,566 SF

Zone code

GC

Property type

Individual retail properties

APN

R2120001A00

APU

R2120001A00

Description

This exceptional 3.83-acre commercial property, located at 365 S Columbia Ave in Rincon, Georgia (zip code 31326), presents a remarkable development opportunity. Situated in Effingham County, this Class A site is ideally positioned within Rincon's thriving retail corridor, offering unparalleled visibility and accessibility. The property is designated as Retail, Land, and Restaurant, allowing for diverse development options. The land is available via a ground lease and is suitable for subdivision, providing flexibility for various project scales and configurations. This multiple-tenancy site boasts a prime location, making it an attractive investment for developers seeking to capitalize on Rincon's robust commercial growth. Detailed information regarding lease terms and subdivision possibilities is available upon request. The property's coordinates are 32.28042244609962 latitude and -81.23205253915765 longitude. This is a rare chance to acquire a significant parcel in a high-demand area. Don't miss this opportunity to secure a foothold in Rincon's dynamic commercial landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $2,304,637

  6.5%

  $2,127,357

  7%

  $1,975,403

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,704,518

  Geo Method

  $1,296,700

• Alternative Use

  Use

  Valuation

  Residential

  $1,794,506

  Hospitality

  $1,643,757

  Educational

  $1,367,587

  Medical

  $1,414,620

  Retail

  $2,127,357

Location Insight

City

Rincon

County

Effingham

State

Georgia

Latitude

32.2808

Longitude

-81.2315

CBSA code

42340

CBSA name

SAVANNAH, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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