Property profile

250 Cleveland St Locust Grove, GA 30248

OFF-MARKET
Warehouses
Property ID
US22-0717941
4,332 SF 0.93 ac lot Built 1951
Individually Owned 21-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional mixed-use property, located in the heart of Locust Grove, Georgia, presents a unique investment opportunity. The property consists of two buildings situated on a 0.93-acre lot, offering ample space and versatility. The main building, a four-sided brick structure built in 1951, boasts 4,556 square feet and currently operates as an auto repair shop. The building features two offices, a restroom, a large main workspace with high ceilings, and a loft area complete with a kitchen and bathroom. Additional storage space is available above the loft. The property also includes a large fenced lot and a substantial storage shed, providing extensive outdoor space for various uses. Conveniently located near Highway 75 and the Tanger outlet, this property offers excellent visibility and accessibility. The ample parking is a significant advantage in the downtown Locust Grove area. With its prime location, substantial square footage, and versatile layout, this property is ideal for a variety of businesses and offers significant upside potential for the discerning investor. The asking price is $1,000,000.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1951
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,332 SF
Lot 0.93 ac (40,511 SF)
Zoning code C2
APN L02-04012000
UPID US22-0717941

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pet Adoption Service Animal Shelter
  • Auto Repair Shop
  • Auto Repair Shop

Location

250 Cleveland St Locust Grove, GA 30248-3700
Locust Grove metro Census 70411 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$320k

Owner & transaction history

Zoning & alternative use

C2 · Locust Grove, GA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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