245 Bonacre RdCataula, GA 31804

Property Details for 245 Bonacre Rd

Year built

1975

Construction

WOOD

Lot size

2.47 AC

Property size (Sq ft)

3,996 SF

Zone code

1

Property type

Retail space

APN

048A050

APU

048A050

Description

This exceptional 4,000 square foot commercial property, situated on a spacious 2.47-acre lot in Cataula, Georgia, presents a unique investment opportunity. Located in the heart of Harris County, this versatile building offers a multitude of potential uses. Previously utilized as a church and daycare center, the property's adaptable layout includes five sizable rooms and four half-bathrooms. The expansive lot provides ample outdoor space, enhanced by a charming outdoor fire pit and a small fish pond, creating a tranquil and inviting atmosphere. The property's commercial zoning allows for a wide range of business ventures, making it an ideal choice for entrepreneurs seeking a prominent location with significant development potential. The existing structure provides a solid foundation for immediate occupancy or renovation, offering flexibility to suit diverse business needs. With its convenient location, generous lot size, and versatile interior, this property is poised to become a thriving commercial hub. The asking price of $279,000 represents an attractive investment opportunity in a growing market. Serious inquiries are encouraged to explore the possibilities this property offers.

• CAP approach

  CAP return

  Valuation

  6%

  $747,153

  6.5%

  $689,680

  7%

  $640,417

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,964,239

  Geo Method

  $1,964,239

• Alternative Use

  Use

  Valuation

  Residential

  $581,770

  Hospitality

  $532,899

  Educational

  $443,365

  Medical

  $458,613

  Retail

  $689,680

Location Insight

City

Cataula

County

Harris

State

Georgia

Latitude

32.6242

Longitude

-84.9068

CBSA code

17980

CBSA name

COLUMBUS, GA-AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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