118 Market St Warner Robins, GA 31093-3308
- Individual retail properties
- 1,180 SF
- 0.04 lot acres
Current Use by Public Records
- Jack O's Hair Force / Barber Shop
Property Details for 118 Market St
- Year built
- 1956
- Construction
- WOOD
- Lot size
- 0.04 lot acres
- Property size
- 1,180 SF
- Zone code
- C3
- Property type
- Individual retail properties
- APN
- 0W026A 012000
- APU
- 0W026A012000
Description
This exceptional 1,180-square-foot commercial property, located at 118 Market Street in Warner Robins, Georgia, presents a unique investment opportunity. Situated on a 0.04-acre lot, this single-story, 1956-built building is zoned C3 and boasts 100% occupancy with a month-to-month lease. Currently configured as a barber shop and being adapted for restaurant use, this versatile space is ideal for owner-users seeking a high-traffic location. The property is part of a redeveloping commercial area in Warner Robins, benefiting from its proximity to the major intersection of Davis Drive and Watson Boulevard, and its convenient location near Robins Air Force Base. The asking price is $75,000, translating to $63.56 per square foot. The property features one unit with a net rentable area of 1,180 square feet. The property's APN is 0W026A 012000. Please note that the tenant should not be disturbed. The occupancy date is August 26, 2024. This is a net lease with no tenant credit rating.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $65,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $55,000
- 6.5%
- $60,000
- 7%
- $50,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $60,000
- Geo Method
- $50,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $60,000
- Retail
- $45,000
- Mixed-Use
- $60,000
- Hospitality
- $60,000
- Educational
- $50,000
- Residential Income
- $60,000
- Energy
- $60,000
- Income-Based Land
- $50,000
- Food Service
- $60,000
Location Insight
- Map
- Local Demand
- City
- Warner Robins
- County
- Houston
- State
- Georgia
- Longitude
- -83.6137
- Latitude
- 32.6191
- CBSA code
- 47580
- CBSA name
- WARNER ROBINS, GA METROPOLITAN STATISTICAL AREA