117 First Ave Thomson, GA 30824
- Warehouses
- 12,500 SF
- 0.42 lot acres
Current Use by Public Records
- Warehouses
Property Details for 117 First Ave
- Year built
- 1970
- Construction
- STEEL FRAME
- Lot size
- 0.42 lot acres
- Property size
- 12,500 SF
- Zone code
- I1
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 0T150 00000 012 000
- APU
- 0T15000000012000
Description
The Camak Warehouse, a Class B industrial property in Thomson, GA (30824), offers 27,500 square feet of flexible space, divisible to 12,500 square feet. This single-building property, constructed in two phases (1970 and later), features a mix of modern and updated spaces. One section boasts 24' ceiling heights, ample natural light, and an upstairs mezzanine, while the other area, previously used for manufacturing, offers 16' ceilings. Both sections benefit from fully climate-controlled environments with new HVAC units installed in 2022 and concrete flooring throughout. The property includes ample bathroom and office space. Situated on 1.14 acres, the site provides a paved parking lot adjacent to city parking and a gravel lot currently being cleared. Access features one dock door and one drive-in door, with potential for additional doors. The building can be leased in its entirety or subdivided to suit tenant needs. Truck access is approved by the city of Thomson, with some restrictions on Grady Street and Main Street for heavier vehicles. Conveniently located in Thomson's downtown business district, the property enjoys proximity to Interstate 20 (approximately 3 miles), Highway 10 and 278 (1.5 miles), and benefits from the growth of the Central Savannah River Area (CSRA) market, anchored by Augusta, GA. This high-demand location offers significant potential for various industrial uses.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $360,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $385,000
- 6.5%
- $345,000
- 7%
- $385,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $285,000
- Geo Method
- $360,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $440,000
- Retail
- $430,000
- Mixed-Use
- $335,000
- Hospitality
- $345,000
- Educational
- $380,000
- Residential Income
- $365,000
- Energy
- $365,000
- Income-Based Land
- $345,000
- Food Service
- $390,000
Location Insight
- Map
- Local Demand
- City
- Thomson
- County
- Mcduffie
- State
- Georgia
- Longitude
- -82.504
- Latitude
- 33.4655
- CBSA code
- 12260
- CBSA name
- AUGUSTA-RICHMOND COUNTY, GA-SC METROPOLITAN STATISTICAL AREA