6534 Us Highway 341Jesup, GA 31546

Property Details for 6534 Us Highway 341

Year built

1974

Lot size

1.70 AC

Property size (Sq ft)

1,500 SF

Property type

Retail properties

Property subtype

Grocery and convenience stores

APN

135A-32

APU

135A32

Description

This exceptional commercial property in Jesup, Georgia presents a rare investment opportunity. Encompassing 1.7 acres of prime real estate on US Highway 341, the property boasts a 5,000 square foot building currently housing a well-established convenience store with a loyal customer base. The store's success is further enhanced by the inclusion of functioning gas and diesel pumps, generating additional revenue streams. A significant asset is the large warehouse space, offering approximately 5,000 square feet of versatile storage or distribution capabilities. This presents a unique opportunity to expand existing operations or incorporate additional business ventures. The property's strategic location in a high-traffic area ensures excellent visibility and consistent customer flow, maximizing potential for profitability. The thriving community surrounding the property provides a stable market and ample opportunity for future growth and expansion of services or retail offerings. This combined retail and warehouse property offers a compelling blend of established income and significant expansion potential. The asking price is $750,000.

• CAP approach

  CAP return

  Valuation

  6%

  $352,800

  6.5%

  $325,662

  7%

  $302,400

• Comparable approach

  Method

  Valuation

  Relative Method

  $257,078

  Geo Method

  $257,078

• Alternative Use

  Use

  Valuation

  Residential

  $274,708

  Hospitality

  $251,631

  Educational

  $209,354

  Medical

  $216,554

  Retail

  $325,662

Location Insight

City

Jesup

County

Wayne

State

Georgia

Latitude

31.5382

Longitude

-81.7994

CBSA code

27700

CBSA name

JESUP, GA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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