924 Kings Gap RdPine Mountain, GA 31822

  • Office properties
  • 3,628 SF
For Sale
$248,000 View listing

Property Details for 924 Kings Gap Rd

Year built
1975
Lot size
1.24 AC
Property size (Sq ft)
3,628 SF
Zone code
1
Property type
Office properties
APN
075A123
APU
075A123

Description

This exceptional 3,400 square foot industrial property, located at 924 Kings Gap Rd, Pine Mountain, GA 31822, presents a compelling investment opportunity. Situated on a 1.24-acre lot, this single-story building boasts a versatile layout ideal for distribution, flex, or warehouse operations. Constructed in 1975 and renovated in 1992, the property features one loading dock with a dock-high door, providing efficient loading and unloading capabilities. The building comprises 2,300 square feet of conditioned space, perfect for office or light manufacturing needs, and an additional 1,100 square feet of warehouse space. Two restrooms are conveniently located within the building. The property benefits from upgraded electrical systems and a septic system. The asking price is $248,000, translating to $72.94 per square foot. The property is zoned C3, offering flexibility for a variety of commercial uses. This well-maintained property offers a blend of functionality and convenience, making it an attractive option for businesses seeking a versatile and efficient workspace in a desirable location. The property's location in Harris County, Georgia, provides easy access to major transportation routes.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $461,460
    6.5%
    $425,963
    7%
    $395,537
  • Comparable approach

    Method
    Valuation
    Relative Method
    $707,678
    Geo Method
    $707,678
  • Alternative Use

    Use
    Valuation
    Residential
    $528,194
    Hospitality
    $483,823
    Educational
    $402,535
    Medical
    $416,379
    Retail
    $626,166

Location Insight

City
Pine Mountain
County
Harris
State
Georgia
Latitude
32.8289
Longitude
-84.8007
CBSA code
17980
CBSA name
COLUMBUS, GA-AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,115
$7,440
$28,839
$36,279
-
$18,600
$72,097
$90,697

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