50 Ben FortsonJekyll Island, GA 31527

  • Commercial real estate
  • 1.00 AC
Off market
$10,018,800 Estimated

Property Details for 50 Ben Fortson

Year built
2011
Lot size
1.00 AC
Zone code
G
Property type
Commercial real estate
APN
06-01203
APU
601203

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,898,880
    6.5%
    $7,291,270
    7%
    $6,770,470
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,962,520
    Geo Method
    $2,962,520
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $13,295,900
    Retail / Commercial
    $7,025,360
    Mixed-Use / Specialty
    $7,163,680
    Hospitality / Lodging
    $5,468,460
    Office
    $7,291,270
    Institutional / Educational
    $7,505,720
    Residential Income
    $8,781,700
    Multifamily
    $9,626,630
    Automotive / Energy
    $6,433,480
    Parking / Income-Based Land
    $2,058,710
    Restaurant / Food Service
    $4,074,540
    Healthcare / Senior Housing
    $7,178,690

Location Insight

City
Jekyll Island
County
Glynn
State
Georgia
Latitude
31.0665
Longitude
-81.4669
CBSA code
15260
CBSA name
BRUNSWICK, GA METROPOLITAN STATISTICAL AREA

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
2024
$7,164
$195,360
$186,440
$381,800
-
$488,400
$466,100
$954,500

FAQs

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