106 Ga-49 Byron, GA 31008
- Retail properties
- 3,066 SF
- 0.82 lot acres
Current Use by Public Records
- Retail properties
Property Details for 106 Ga-49
- Lot size
- 0.82 lot acres
- Property size
- 3,066 SF
- Property type
- Retail properties
Description
This 3,066 square foot building, situated on a 0.82-acre lot in Byron, Georgia, presents a compelling redevelopment opportunity. Originally constructed in 1940 as a gas station, the property boasts an excellent location on Highway 49, less than a mile from I-75, and benefits from approximately 20,000 average daily traffic counts. The single-story building currently houses a tenant with a 10-year lease history (expired December 31, 2021) and a strong payment record. The property features two curb cuts on Highway 49 and 175 feet of road frontage. Zoned C2, this property offers significant potential for various commercial uses. The asking price is $480,000, translating to $156.56 per square foot. The property's Net Operating Income (NOI) was $1,100. The parcel number is B01F 102. This is a prime location for an owner/user seeking a redevelopment project with high visibility and strong traffic flow. The property is being offered as a redevelopment opportunity with a net lease structure. Note that the tenant's credit rating is not available.
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
- Byron
- County
- Peach
- State
- Georgia
- Longitude
- -83.7545
- Latitude
- 32.6529
