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    205 Main St Jonesboro, GA 30236

    For Sale
    $175,000

    Prime Jonesboro location, renovation needed.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This $175,000 commercial property in Jonesboro, Georgia, presents a unique investment opportunity. Located at 205 N Main Street N, in the heart of downtown, the property encompasses a 0.46-acre lot featuring a single building constructed in 1950. The existing structure requires a complete renovation. The property's zoning allows for commercial use, making it ideal for entrepreneurs seeking a central location to establish their business. The property includes not only the building itself but also an adjacent vacant lot, offering potential for expansion or additional development. The building's current condition necessitates a substantial rehabilitation, presenting a chance to create a modern and functional commercial space tailored to specific business needs. This is a rare opportunity to acquire a property in a thriving downtown area with significant potential for return on investment. The property's address is 205 N Main Street N, Jonesboro, GA 30236. The lot size is 0.46 acres. The property is classified as an office building. The asking price is $175,000.

    Property Features for 205 Main St

    General Information

    Property type
    Office Properties & Spaces
    Lot Size
    20,038 SF

    Building Details

    Year Built
    1950
    Buildings
    1

    HighLights

    • $175,000 asking price.
    • Office property.
    • 0.00% Cap Rate.
    • 1950 construction.
    • One building on a 0.46‑acre lot.
    • Located at 205 N Main Street N, Jonesboro, GA 30236.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Building Supply Nail Salon Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Jonesboro
    County
    Clayton - GA
    State
    Georgia
    Longitude
    -84.3546773
    Latitude
    33.5283731

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Jonesboro location, renovation needed.
    Where is this office property / space located?
    The property is located at 205 Main St Jonesboro, GA.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: $175,000 asking price.; Office property.; 0.00% Cap Rate.
    Request Owner's contact information
    205 Main St Jonesboro, GA 30236
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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
    205 Main St Jonesboro, GA 30236
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