1236 Buccaneer Club RdTownsend, GA 31331

Property Details for 1236 Buccaneer Club Rd

Year built

2001

Construction

WOOD

Lot size

1.18 AC

Property size (Sq ft)

10,464 SF

Zone code

COMMERCIAL

Property type

Commercial real estate

APN

0061-D-0247

APU

0061D0247

Description

This exceptional 1.18-acre property at 1236 Buccaneer Club Road, Townsend, GA, presents a rare investment chance. Originally constructed in 1956, this over 10,000 square foot building boasts a rich history as a waterfront restaurant and landmark. Currently requiring complete restoration, the property offers immense potential for redevelopment. Imagine the possibilities: revive the iconic restaurant, create a unique retail space, or develop a mixed-use concept. The stunning location on the Sapelo River provides 150 feet of deepwater frontage, ensuring breathtaking sunset views and direct river access via an existing dock. Ample parking is available, catering to a large customer base. The asking price is $750,000. This is a truly unique opportunity to acquire a substantial waterfront property in a desirable location, ripe for revitalization and poised for significant return on investment. The property's size and prime riverfront location make it an ideal candidate for a variety of commercial ventures. Don't miss this chance to own a piece of Townsend's history and shape its future.

• CAP approach

  CAP return

  Valuation

  6%

  $1,897,470

  6.5%

  $1,751,510

  7%

  $1,626,400

• Comparable approach

  Method

  Valuation

  Relative Method

  $711,657

  Geo Method

  $711,657

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $3,193,930

  Retail / Commercial

  $1,687,630

  Mixed-Use / Specialty

  $1,720,860

  Hospitality / Lodging

  $1,313,630

  Office

  $1,751,510

  Institutional / Educational

  $1,803,030

  Residential Income

  $2,109,540

  Multifamily

  $2,312,510

  Automotive / Energy

  $1,545,450

  Parking / Income-Based Land

  $494,545

  Restaurant / Food Service

  $978,786

  Healthcare / Senior Housing

  $1,724,470

Location Insight

City

Townsend

County

Mcintosh

State

Georgia

Latitude

31.532

Longitude

-81.3694

CBSA code

15260

CBSA name

BRUNSWICK, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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