3877 Main StFolkston, GA 31537

Property Details for 3877 Main St

Year built

1950

Construction

WOOD

Lot size

0.05 AC

Property size (Sq ft)

1,980 SF

Property type

Investment properties

Property subtype

Retail residential properties

APN

F016 055

APU

F016055

Description

This exceptional commercial property, located at 3877 Main Street in Folkston, Georgia, presents a fantastic opportunity for business owners seeking a well-situated space at an attractive price point. The building boasts a generous 2,620 square feet of usable space, offering ample room for a variety of commercial ventures. Situated on a conveniently sized 0.06-acre lot, the property provides sufficient space for operations and potential expansion. The asking price of $108,499 makes this an incredibly compelling investment in the thriving Folkston market. The property's location on Main Street ensures high visibility and accessibility for customers and clients. This is an ideal opportunity for entrepreneurs looking to establish a new business or for existing businesses seeking to relocate or expand their operations. The building's substantial square footage allows for flexible layouts to accommodate diverse business needs. Given the attractive price and prime location, this property is expected to generate significant interest. Don't miss this chance to acquire a valuable commercial asset in a dynamic and growing community. Serious inquiries are encouraged to explore this exceptional opportunity further. The property is ready for immediate occupancy, allowing for a swift and seamless transition for new owners. This is a rare opportunity to secure a well-priced commercial property in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $392,832

  6.5%

  $362,614

  7%

  $336,713

• Comparable approach

  Method

  Valuation

  Relative Method

  $208,723

  Geo Method

  $208,723

• Alternative Use

  Use

  Valuation

  Residential

  $362,614

  Hospitality

  $332,153

  Educational

  $276,347

  Medical

  $285,851

  Retail

  $429,873

Location Insight

City

Folkston

County

Charlton

State

Georgia

Latitude

30.8316

Longitude

-82.0073

Property Tax & Assessments

FAQs

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