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    OFF-MARKET
    Auto shops

    233 8th St, Mc Rae Helena, GA 31037

    7,260 SF 0.13 ac lot Built 1985
    Individually Owned 20-yr Hold Free & Clear
    Property ID
    US22-2951924
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a 0.7-acre commercial lot in McRae-Helena, Georgia, featuring a 4,200 square foot, single-story, Class C building constructed in 2007 and renovated the same year. The property, located at 233 8th Street, zip code 31037, is zoned for commercial use and boasts a spacious red iron mechanical shop. The shop is equipped with six bays: one 14x14 bay suitable for semi-trucks, two 12x12 bays, and two 8x10 bays. Additional features include two restrooms, security cameras, an inspection/grease pit, three-phase power, and four lifts (two 12,000 lb, one 10,000 lb, and one 9,000 lb). An office is also included. The asking price is $299,000, translating to $71.19 per square foot and $62 per square foot based on land value alone. This owner/user investment presents a unique opportunity for a variety of commercial uses. The property is situated in Telfair County and offers 4,200 square feet of net rentable space. No lease options are currently available.

    Property profile
    Verified
    Property type Auto shops
    Use group AUTO REPAIR, GARAGE
    Year built 1985
    Construction WOOD FRAME
    Total area 7,260 SF
    Lot 0.13 ac (5,808 SF)
    Zoning code 1
    APN H01500 082
    UPID US22-2951924
    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
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    Blend (final) Blend
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    Owner & transaction history
    David Poole · 20 yrs held
    David Poole
    since 2006
    2 recorded transactions
    2006
    $45,000
    2005
    $12,000
    Zoning & alternative use
    1 · Mc Rae Helena, GA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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