539 Main StBaxley, GA 31513

  • Other commercial real estate
  • 0.28 AC
For Sale
$2,300,000 View listing

Property Details for 539 Main St

Lot size
0.28 AC
Property type
Other commercial real estate
APN
G003-007
APU
G003007

Description

This exceptional investment opportunity presents a 62-room motel situated on a substantial 3.87-acre lot in Baxley, Georgia. The property, located at 539 S Main St, 31513, boasts a prime location in a high-traffic area, ensuring excellent visibility and accessibility for guests. The motel underwent a complete renovation in 2022, encompassing new flooring, beds, televisions, and refrigerators, ensuring modern comfort for guests. The 24,029 square foot property includes three parcels: the main motel building, a residential home, and a parcel currently leased to a local food truck. The motel features comfortable rooms equipped with modern amenities. The property also benefits from a recently installed new roof. This turnkey operation presents a compelling investment opportunity with significant potential for return. The asking price is $2,300,000, translating to $95.72 per square foot. The property's APN is G003 007/G003 005/G003 012. This is a rare chance to acquire a well-maintained, high-performing motel in a thriving location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,233,740
    Hospitality
    $2,046,094
    Educational
    $1,702,326
    Medical
    $1,760,872
    Retail
    $2,648,062
539 Main St, Baxley, Georgia

Location Insight

City
Baxley
County
Appling
State
Georgia
Latitude
31.7701
Longitude
-82.3515

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$408
$9,600
$4,232
$13,832
-
$24,000
$10,580
$34,580

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