2132 Smith AveThomasville, GA 31792

Property Details for 2132 Smith Ave

Year built

2018

Construction

STEEL FRAME

Lot size

0.94 AC

Property size (Sq ft)

240 SF

Zone code

CG

Property type

Commercial real estate

APN

046H 119

APU

046H119

Description

This exceptional 0.94-acre commercial land parcel in Thomasville, Georgia, presents a remarkable investment opportunity. Located at 2132 Smith Avenue, this property boasts a highly desirable location with exceptional visibility due to its frontage on a four-lane highway featuring a median and convenient curb cuts. The site benefits from an impressive daily traffic count of 16,000 vehicles, ensuring significant exposure for any commercial development. Its CG zoning permits a wide range of commercial uses. The property's proximity to established businesses such as Publix, Lowe's, and various chain restaurants further enhances its appeal and potential for strong returns. The asking price for this strategically positioned land is $489,900. This is a rare chance to acquire a well-situated commercial lot in a thriving area of Thomas County, Georgia, with the potential for immediate development and significant long-term growth. The property is offered for sale by owner. The zip code is 31792.

• CAP approach

  CAP return

  Valuation

  6%

  $34,229.60

  6.5%

  $31,596.60

  7%

  $29,339.70

• Comparable approach

  Method

  Valuation

  Relative Method

  $17,061.60

  Geo Method

  $17,061.60

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $70,248.60

  Retail / Commercial

  $34,448.80

  Mixed-Use / Specialty

  $33,085.30

  Hospitality / Lodging

  $22,658.40

  Office

  $31,596.60

  Institutional / Educational

  $33,952

  Residential Income

  $39,723.80

  Multifamily

  $54,520.50

  Automotive / Energy

  $29,101.70

  Parking / Income-Based Land

  $11,268.40

  Restaurant / Food Service

  $14,560.20

  Healthcare / Senior Housing

  $35,200.60

Location Insight

City

Thomasville

County

Thomas

State

Georgia

Latitude

30.8344

Longitude

-83.9458

CBSA code

45620

CBSA name

THOMASVILLE, GA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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