1450 Marion AveLake Park, GA 31636

  • Retail properties
  • 10,000 SF
For Sale
$875,000 View listing

Property Details for 1450 Marion Ave

Year built
1995
Construction
STEEL FRAME
Lot size
1.00 AC
Property size (Sq ft)
10,000 SF
Zone code
C-C
Property type
Retail properties
Property subtype
Outlet malls
APN
0199-210
APU
199210

Description

This exceptional 10,000 square foot retail property in Lake Park, Georgia, is available for $875,000. Situated on a one-acre lot, this single-story building boasts a durable metal and stucco exterior, offering both aesthetic appeal and lasting quality. The interior features a versatile mix of LVP, carpet, and tile flooring, suitable for high-traffic retail environments. Ample warehouse space and a convenient loading dock facilitate efficient shipping and receiving operations. The property is fully fenced on three sides, with added security features at the top of the fence. Ten parking spaces are available for customers and employees. Well-appointed office space is included to accommodate administrative needs. The building benefits from central air conditioning and 220-volt electricity. Located near picturesque lakes and Interstate 75, this property offers a blend of natural beauty and convenient accessibility. The property is zoned C-C and is immediately available. This move-in ready space presents a fantastic opportunity for a variety of retail businesses. Exterior features include prominent signage and a large lot.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,948,588
    6.5%
    $2,721,774
    7%
    $2,527,362
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,791,468
    Geo Method
    $1,791,468
  • Alternative Use

    Use
    Valuation
    Residential
    $2,295,918
    Hospitality
    $2,103,049
    Educational
    $1,749,712
    Medical
    $1,809,887
    Retail
    $2,721,774
1450 Marion Ave, Lake Park, Georgia
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Location Insight

City
Lake Park
County
Lowndes
State
Georgia
Latitude
30.6861
Longitude
-83.1935
CBSA code
46660
CBSA name
VALDOSTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,667
$18,992
$139,224
$158,216
-
$47,481
$348,060
$395,541

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