3040 Us-129 Cleveland, GA 30528
- Retail properties
- 12,250 SF
- 10.00 lot acres
Current Use by Public Records
- Retail properties
Property Details for 3040 Us-129
- Year built
- 2004
- Lot size
- 10.00 lot acres
- Property size
- 12,250 SF
- Property type
- Retail properties
- Property subtype
- Auto shops
Description
This exceptional investment opportunity presents a ±12,250 square foot automotive building situated on a ±10-acre lot in Cleveland, Georgia. The property comprises two buildings, approximately 6,250 and 6,000 square feet respectively, totaling ±12,250 square feet. Both buildings are in excellent condition, having been built in 2004 and renovated in 2019. The property boasts 100% occupancy with a strong net operating income (NOI) of $120,000, generating a price per square foot of $163.27. The asking price is $2,000,000. This is a single-tenant, net lease (NNN) property, zoned C-2. The property features over 510 feet of frontage on US Highway 129, a major commercial thoroughfare in White County. Included in the sale is an additional ±6 acres of land, providing ample space for future expansion or additional development. This prime location in a rapidly growing area of Cleveland, GA, makes this a highly attractive investment. The property is a single-story building.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cleveland
- County
- White
- State
- Georgia
- Longitude
- -83.761
- Latitude
- 34.5547