Current Use by Public Records
- Jersey Community Building / Community Center
Property Details for 125 Main St
- Year built
- 1985
- Property type
- Office Spaces
- Property subtype
- Medical Office Space
Description
This exceptional investment opportunity presents a four-unit, multi-tenant office building ideally situated in Jersey, Georgia, at 125 Main St, 30018. The property, classified as Class B, encompasses 4,800 square feet across four stories within a single building constructed in 1985 and extensively renovated in 2017. Currently boasting 100% occupancy since July 1st, 2017, this portfolio offers a stable income stream with a 6.70% cap rate. The lease type is gross, simplifying management. The property is zoned for commercial use and is offered for sale as an institutional investment. The building's versatile design caters to various office needs, including creative, executive, and medical office spaces. This is a prime opportunity for investors seeking a strong return on investment in a well-maintained, fully occupied property. The location at the corner of Ocean Avenue and Federal Hwy (although not explicitly stated as the address, this is implied in the marketing highlights) offers excellent visibility and accessibility. While the land presents redevelopment potential, the current high occupancy and strong cap rate provide immediate and substantial returns until any future redevelopment plans are implemented. The property's strong performance history and prime location make it an attractive investment prospect.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Jersey
- County
- Walton
- State
- Georgia
- Longitude
- -83.7998
- Latitude
- 33.7172
