1220 Siloam Rd Greensboro, GA 30642-2810
This exceptional 4,929 square foot freestanding multi-use building presents a unique investment opportunity in the thriving city of Greensboro, Georgia. Situated just a quarter-mile from the heart of downtown Greensboro on Highway 15, this property enjoys excellent visibility and accessibility. The building boasts a spacious 1.16-acre lot complete with a recently resealed and repainted parking lot offering ample parking for 30 vehicles. The roof was replaced approximately three years ago, ensuring long-term structural integrity. The interior layout is versatile and adaptable, featuring multiple offices or classrooms, a kitchen, a large central open area ideal for various uses, several storage rooms, and four bathrooms. A convenient loading dock with a roll-up door adds to the property's functionality. Zoned B-1 (Neighborhood Commercial), this property allows for a wide range of uses, making it suitable for a variety of businesses. Previously used as a medical office and more recently as a daycare center, the building's adaptability is a key selling point. Its proximity to Interstate 20 and the renowned Lake Oconee further enhances its appeal. Greensboro's downtown area has experienced significant revitalization in recent years, fueled by the remarkable growth of the Lake Oconee region. This property offers a compelling chance to capitalize on the area's upward trajectory and the diverse possibilities of its mixed-use zoning.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.