13 Lee St Forsyth, GA 31029-2144
- Office buildings
- 3,456 SF
- 0.10 lot acres
Current Use by Public Records
- Malcolm K. Sullivan Attorney At Law / Personal Injury Attorney
Property Details for 13 Lee St
- Year built
- 1950
- Construction
- CONCRETE
- Lot size
- 0.10 lot acres
- Property size
- 3,456 SF
- Zone code
- 1
- Property type
- Office buildings
- APN
- F26-030
- APU
- F26030
Description
This exceptional 3,456 square foot commercial property is situated in the vibrant heart of downtown Forsyth, Georgia, on a 0.1-acre lot at 13 N Lee Street. Its prime location on the bustling historic square ensures high visibility and significant foot and auto traffic, ideal for businesses seeking maximum exposure. The building features three separate office suites, each with its own utilities, offering flexibility for various business needs. One suite is currently occupied, while two 1,000 square foot spaces are immediately available for lease. The property's strategic location provides unparalleled convenience, with easy access to a wide array of amenities. These include diverse dining and entertainment options, schools, county and city government offices, banking institutions, and convenient proximity to I-75 and a local hospital. This presents a unique opportunity to establish a presence in a thriving and growing community. The building allows for prominent signage, further enhancing its visibility and marketing potential. This property is priced at $399,900 and offers a compelling investment opportunity for businesses seeking a high-traffic, well-located space in a dynamic downtown setting. The existing infrastructure and convenient location make this an attractive option for a variety of commercial uses.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $240,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $325,000
- 6.5%
- $355,000
- 7%
- $365,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $310,000
- Geo Method
- $320,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $360,000
- Retail
- $290,000
- Mixed-Use
- $290,000
- Hospitality
- $335,000
- Educational
- $300,000
- Residential Income
- $375,000
- Energy
- $315,000
- Income-Based Land
- $380,000
- Food Service
- $295,000
Location Insight
- Map
- Local Demand
- City
- Forsyth
- County
- Monroe
- State
- Georgia
- Longitude
- -83.9381
- Latitude
- 33.0345
- CBSA code
- 31420
- CBSA name
- MACON, GA METROPOLITAN STATISTICAL AREA