108 Williamson Ml Rd Jonesboro, GA 30236-3219
- Office buildings
- 1,496 SF
- 0.84 lot acres
May 06, 2022
Current Use by Public Records
- Atlanta Car Accident / Attorney
Property Details for 108 Williamson Ml Rd
- Year built
- 1913
- Lot size
- 0.84 lot acres
- Property size
- 1,496 SF
- Zone code
- C
- Property type
- Office buildings
- APN
- 13-240B- A-006
- APU
- 13240BA006
Description
This stunning two-story historic building, located at 108 Williamson Mill Road in downtown Jonesboro, Georgia, presents a unique investment opportunity. Situated on a 0.84-acre lot next to the old Jonesboro City Hall, this property boasts 3,200 square feet of versatile space. The interior features a recently updated kitchen with a break room, an attractive reception area, and up to thirteen large offices or conference rooms, each easily accommodating multiple desks. Numerous built-in features enhance the functionality of the space. Seven fireplaces add to the building's historical charm, complemented by hardwood floors throughout. Recent improvements include a new ventilation system and a metal roof, while plumbing has been updated to accommodate salon use. The property also includes a partial basement for convenient storage. Enjoy the picturesque park adjacent to the property, offering a tranquil setting for breaks or leisurely strolls along the walking path. The property's zoning allows for a wide range of uses, including but not limited to: salons, accounting offices, insurance agencies, beauty schools, funeral homes, law offices, medical offices, professional offices, real estate offices, and tax offices. The property is being sold "AS IS," and tax records do not reflect the accurate square footage of 3,200 square feet. This is a rare chance to own a piece of Jonesboro's history and establish a thriving business in a prime downtown location.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $205,000
- ML approach
- $260,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $355,000
- 6.5%
- $330,000
- 7%
- $305,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $308,000
- AI Estimate
- $304,000
Market price range: $145k - $309kMarket price range: $133k - $305k -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $225,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $220,000 Change: -2% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $205,000 Change: -7% Conversion: Easy
- RETAIL STORES
- $195,000 Change: -14% Conversion: Moderate
- MEDICAL BUILDING
- $190,000 Change: -15% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Jonesboro
- County
- Clayton
- State
- Georgia
- Longitude
- -84.357
- Latitude
- 33.5308
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA