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Property profile & analytics
FOR SALE
Office buildings

205 N Main St N Jonesboro, GA 30236

1,074 SF 0.16 ac lot Built 1950
Individually Owned 4-yr Hold Free & Clear
Property ID
US22-1450908
205 N Main St N, Jonesboro, GA 30236 For Sale
$175,000 1,074 SF
205 N Main St N, Jonesboro, GA 30236
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Property summary
AI-generated overview

This $175,000 commercial property in Jonesboro, Georgia, presents a unique investment opportunity. Located at 205 N Main Street N, in the heart of downtown, the property encompasses a 0.46-acre lot featuring a single building constructed in 1950. The existing structure requires a complete renovation. The property's zoning allows for commercial use, making it ideal for entrepreneurs seeking a central location to establish their business. The property includes not only the building itself but also an adjacent vacant lot, offering potential for expansion or additional development. The building's current condition necessitates a substantial rehabilitation, presenting a chance to create a modern and functional commercial space tailored to specific business needs. This is a rare opportunity to acquire a property in a thriving downtown area with significant potential for return on investment. The property's address is 205 N Main Street N, Jonesboro, GA 30236. The lot size is 0.46 acres. The property is classified as an office building. The asking price is $175,000.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1950
Total area 1,074 SF
Lot 0.16 ac (7,100 SF)
Zoning code C
APN 13-240D- D-009
UPID US22-1450908
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
$655k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$610k
Owner & transaction history
Hearthside Jonesboro Redevelopment · 4 yrs held
Hearthside Jonesboro Redevelopment
since 2021
Last sale
$570,461
2 recorded transactions
2021
$570,461
2016
Price N/A
Zoning & alternative use
C · Jonesboro, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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