1300 Screven StQuitman, GA 31643

Property Details for 1300 Screven St

Year built

1985

Construction

STEEL FRAME

Lot size

0.93 AC

Property size (Sq ft)

3,534 SF

Property type

Retail properties

Property subtype

Drive through restaurants

APN

Q19 0201S01

APU

Q190201S01

Description

This vacant 3,426 square foot fast-food building presents a compelling value-add opportunity in Quitman, Georgia. Situated on a 0.93-acre lot, this property boasts excellent visibility and frontage along the town's main retail corridor, benefiting from its location at a lighted intersection. The building, constructed in 1985, is an outparcel to the only grocery-anchored shopping center in the market, anchored by Food Lion and Tractor Supply, ensuring high traffic and convenient access for potential tenants. This prime location offers easy access from W Screven St and Barwick Rd, and features ample parking with 51 spaces. With minimal QSR competition in the area, this property represents a unique chance to establish a thriving fast-food business or repurpose the space for another retail use. The single-unit building is currently vacant, providing a blank canvas for a new tenant or a complete renovation. This is a rare opportunity to acquire a strategically located property in a growing market.

• CAP approach

  CAP return

  Valuation

  6%

  $823,316

  6.5%

  $759,984

  7%

  $705,700

• Comparable approach

  Method

  Valuation

  Relative Method

  $633,105

  Geo Method

  $633,105

• Alternative Use

  Use

  Valuation

  Residential

  $641,075

  Hospitality

  $587,221

  Educational

  $488,561

  Medical

  $505,364

  Retail

  $759,984

Location Insight

City

Quitman

County

Brooks

State

Georgia

Latitude

30.7857

Longitude

-83.5703

CBSA code

46660

CBSA name

VALDOSTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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