2485 West Point Rd Lagrange, GA 30240
- Auto shops
- 12,944 SF
- 6.08 lot acres
Current Use by Public Records
- Auto shops
Property Details for 2485 West Point Rd
- Year built
- 1958
- Lot size
- 6.08 lot acres
- Property size
- 12,944 SF
- Zone code
- 01-GI
- Property type
- Auto shops
- APN
- 0711C000040
- APU
- 0711C000040
Description
This exceptional commercial property, located at 2485 West Point Road in LaGrange, Georgia, presents a unique investment opportunity. The 6.08-acre lot boasts three separate buildings, offering significant flexibility for a variety of commercial uses. Its prime location on Highway 29, situated between Pegasus Parkway and Lukken Industrial, ensures high visibility and convenient access to major transportation routes. The property's proximity to the LaGrange Callaway Airport and the Industrial Park further enhances its appeal. Building 1, constructed in 1958, offers 3,744 square feet of space. Building 2, a more modern structure built in 2003, provides 4,000 square feet. Finally, Building 3, built in 1985, comprises 5,200 square feet. This combination of building sizes and ages allows for diverse operational configurations, catering to a wide range of business needs. The property's substantial acreage and strategic location make it an ideal choice for businesses seeking a prominent presence in a thriving commercial area. The property is priced at $895,000. This represents a compelling investment opportunity in a rapidly developing region.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $360,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $330,000
- 6.5%
- $315,000
- 7%
- $280,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $255,000
- Geo Method
- $285,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $350,000
- Retail
- $345,000
- Mixed-Use
- $325,000
- Hospitality
- $335,000
- Educational
- $340,000
- Residential Income
- $340,000
- Energy
- $340,000
- Income-Based Land
- $305,000
- Food Service
- $340,000
Location Insight
- Map
- Local Demand
- City
- Lagrange
- County
- Troup
- State
- Georgia
- Longitude
- -85.0854
- Latitude
- 33.0182
- CBSA code
- 29300
- CBSA name
- LAGRANGE, GA-AL MICROPOLITAN STATISTICAL AREA