680 Main StBaxley, GA 31513

Property Details for 680 Main St

Year built

1980

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.16 AC

Property size (Sq ft)

1,632 SF

Property type

Office properties

Property subtype

Other office properties

APN

G003-054

APU

G003054

Description

This Baxley, GA commercial property offers two 1,200 square foot units totaling 2,400 square feet on a 0.16-acre lot at 680 S Main Street, Unit D&E. The property is classified as General Commercial and is priced at $175,000. Each unit provides ample space adaptable for various uses, including retail, medical, or office spaces. Currently, Suite D is under lease, generating a monthly income of $675. Suite E, recently renovated, is available for lease at $900 per month. The property boasts a highly visible location with significant foot traffic, making it an excellent opportunity for businesses seeking a thriving environment. The versatile nature of the space, combined with its strong location and current income stream, presents a compelling investment opportunity in the Baxley market. The property's size and layout offer flexibility for a variety of business models, ensuring a strong return on investment for the discerning buyer. This is a rare opportunity to acquire a well-situated commercial property in a growing area. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $261,120

  6.5%

  $241,034

  7%

  $223,817

• Comparable approach

  Method

  Valuation

  Relative Method

  $110,992

  Geo Method

  $110,992

• Alternative Use

  Use

  Valuation

  Residential

  $298,882

  Hospitality

  $273,774

  Educational

  $227,777

  Medical

  $235,611

  Retail

  $354,320

Location Insight

City

Baxley

County

Appling

State

Georgia

Latitude

31.7694

Longitude

-82.3531

Property Tax & Assessments

FAQs

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