404 Sherman StFitzgerald, GA 31750

Property Details for 404 Sherman St

Year built

1991

Lot size

0.59 AC

Property size (Sq ft)

10,000 SF

Zone code

RESIDENTIAL

Property type

Retail properties

Property subtype

Retail space

APN

B11-S15L1+

APU

B11S15L1

Description

This exceptional 10,000-square-foot retail property is located at 404 S Sherman St in Fitzgerald, Georgia, within Ben Hill County. The entire building is currently vacant, presenting a unique opportunity for a single tenant to establish a significant presence in this Georgia market. The property's size allows for a wide range of retail uses, offering ample space for inventory, display, and customer service areas. Its location in Fitzgerald provides access to a local customer base and offers potential for regional draw. The property is classified as commercial retail and is a single-tenant building. The address is fully verified, and the property is situated at 31.7109494 latitude and -83.2511022 longitude, providing easy access for potential tenants and customers. The zip code is 31750. This is a substantial retail opportunity in a well-defined location, ready for immediate occupancy. The building's size and vacant status make it an ideal space for a business seeking to establish a strong foothold in the Fitzgerald market. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $1,824,624

  6.5%

  $1,684,268

  7%

  $1,563,963

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,791,468

  Geo Method

  $1,791,468

• Alternative Use

  Use

  Valuation

  Residential

  $1,420,743

  Hospitality

  $1,301,393

  Educational

  $1,082,744

  Medical

  $1,119,981

  Retail

  $1,684,268

Location Insight

City

Fitzgerald

County

Ben Hill

State

Georgia

Latitude

31.711

Longitude

-83.2512

CBSA code

22340

CBSA name

FITZGERALD, GA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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