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    194-198 3Rd St Cochran, GA 31014

    For Sale
    $300,000

    1.01-Acre Lot, High-Traffic Area

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 1.01-acre commercial lot presents a unique investment opportunity in the thriving city of Cochran, Georgia. Strategically located at 194-198 S Third Street, 31014, this property enjoys a highly visible position adjacent to Middle Georgia State University's Cochran Campus, ensuring consistent foot traffic and high visibility. Its proximity to established businesses, including a Wendy's restaurant, further enhances its appeal and potential for immediate success. The lot's size offers ample space for a variety of commercial developments, making it ideal for entrepreneurs seeking a prime location to establish their business. The asking price for this remarkable property is $300,000. This represents a significant opportunity for investors seeking a strong return on investment in a rapidly growing area. The seller is open to considering a land lease arrangement, providing flexibility for potential buyers. This property's location, size, and potential make it an exceptional opportunity for commercial development in a vibrant and expanding community. Don't miss this chance to secure a prime piece of Cochran real estate. Contact us today to learn more and schedule a viewing.

    Property Features for 194-198 3Rd St

    General Information

    Property type
    Land
    Lot Size
    43,996 SF

    HighLights

    • $300,000 asking price.
    • 1.01‑acre commercial land parcel.
    • Located in Cochran, Georgia, at 194‑198 S Third Street, zip code 31014.
    • Adjacent to Middle Georgia State University's Cochran Campus and Wendy's.
    • Land lease option available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cochran
    County
    Bleckley
    State
    Georgia
    Longitude
    -83.3517559
    Latitude
    32.387742

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    FAQs

    What type of property is this?
    Land - 1.01-Acre Lot, High-Traffic Area
    Where is this land located?
    The property is located at 194-198 3Rd St Cochran, GA.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: $300,000 asking price.; 1.01-acre commercial land parcel.; Located in Cochran, Georgia, at 194-198 S Third Street, zip code 31014.
    Request Owner's contact information
    194-198 3Rd St Cochran, GA 31014
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    194-198 3Rd St Cochran, GA 31014
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