1049 Vaughan St Clarkston, GA 30021
- Retail space
- 2,000 SF
- 0.10 lot acres
Current Use by Public Records
- Retail space
Property Details for 1049 Vaughan St
- Year built
- 1963
- Construction
- WOOD FRAME
- Lot size
- 0.10 lot acres
- Property size
- 2,000 SF
- Zone code
- C1
- Property type
- Retail space
- APN
- 18 096 06 013
- APU
- 1809606013
Description
This exceptional 2,000 square foot commercial building, situated on a 0.1-acre lot at 1049 Vaughan Street in Clarkston, Georgia, presents a lucrative investment opportunity. Currently operating as a successful grocery store generating over $65,000 in annual rental income, this versatile property offers significant potential for a variety of uses. The building is equipped with two vent hoods, making it ideally suited for a restaurant or food-related business. Alternatively, its adaptable layout is perfect for retail operations or other commercial ventures. A recently replaced roof ensures long-term cost savings and peace of mind. Ample parking is available for customers and employees, enhancing convenience and accessibility. The property's prime location in Clarkston, Georgia, offers excellent visibility and access to a thriving community. This is a rare chance to acquire a high-income-producing commercial property with significant upside potential. The building's current use as a successful grocery store demonstrates its strong earning capacity and market viability. Serious inquiries are encouraged to explore this exceptional investment opportunity further. Please schedule a viewing appointment in advance.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $250,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $290,000
- 6.5%
- $315,000
- 7%
- $305,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $265,000
- Geo Method
- $255,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $235,000
- Retail
- $245,000
- Mixed-Use
- $305,000
- Hospitality
- $235,000
- Educational
- $275,000
- Residential Income
- $265,000
- Energy
- $310,000
- Income-Based Land
- $255,000
- Food Service
- $295,000
Location Insight
- Map
- Local Demand
- City
- Clarkston
- County
- Dekalb
- State
- Georgia
- Longitude
- -84.241
- Latitude
- 33.8089
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA