36631 Ga Highway 23 Cobbtown, GA 30420
This exceptional commercial property in Cobbtown, Georgia, presents a unique investment opportunity. Located at the corner of Main Street and Highway 23, this high-visibility site boasts 6,446 square feet of commercial space, strategically divided into two distinct buildings. The first building, totaling 1,938 square feet, was previously a doctor's office and features a reception area, lab, four exam rooms, two offices, and two bathrooms. The second building, spanning 1,792 square feet, has served as both a retail store and an auto repair shop. This versatile space includes a showroom, a two-bay garage with overhead doors, a storage area, and two additional bathrooms. A newly installed roof on the second building ensures long-term durability. Adding to the property's appeal is a charming 2,716 square foot, 1907 Craftsman-style home with four bedrooms, three bathrooms, multiple fireplaces, a recently renovated kitchen, and a new back deck and patio. The entire property is commercially zoned, offering flexibility for a wide range of business ventures. The property's location, just ten minutes from the prestigious Ohoopee Match Golf Club (ranked #3 in Georgia by Golf Digest), provides excellent access to a desirable demographic. This is a rare opportunity to acquire a substantial commercial property with significant potential in a thriving community. The 0.37-acre lot ensures ample space for future expansion or outdoor activities.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.