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Property profile & analytics
OFF-MARKET
Auto shops

119 Chatham St Oglethorpe, GA 31068

952 SF 0.41 ac lot Built 1957
Entity Owned 7-yr Hold Free & Clear
Property ID
US22-3090819
Property summary
AI-generated overview

This exceptional 952-square-foot commercial property, situated on a 0.41-acre corner lot at 119 Chatham Street in Oglethorpe, Georgia, presents a remarkable investment opportunity. Located on the highly visible and trafficked GA Highway 49, this property benefits from its prime position amidst thriving downtown businesses. Its versatile nature is evident in its past uses, having successfully served as a gas station, car detailing and washing facility, mechanic garage, and a cell phone service and repair shop. The building's adaptable layout offers significant potential for a wide range of commercial ventures. The high visibility ensures excellent exposure to a constant stream of potential customers. This property is ready for its next chapter, offering a unique blend of location, size, and adaptability. The asking price of $45,000 makes this an attractive proposition for savvy investors seeking a strong return on their investment. The property's history demonstrates its suitability for a variety of businesses, making it an ideal choice for entrepreneurs looking to establish a presence in a bustling commercial area. Don't miss this chance to acquire a well-positioned commercial property in a thriving Georgia town.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1957
Construction TYPE NOT SPECIFIED
Total area 952 SF
Lot 0.41 ac (17,860 SF)
Zoning code 7
APN 3009-1-00013
UPID US22-3090819
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Lunker Lake Development Co · 7 yrs held
Lunker Lake Development Co
since 2019
1 recorded transaction
2019
Price N/A
Zoning & alternative use
7 · Oglethorpe, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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