2835 State St Waycross, GA 31503-6820
This 7,500 square foot retail building, situated on a 0.83-acre lot in Waycross, Georgia, presents a compelling investment opportunity. Located at 2835 State St, at the corner of State St and Sierra Ln, this property boasts a convenient location with high visibility and accessibility. The building, constructed in 2001, features a durable red iron steel frame with metal siding, a large glass window/brick facade, and an R-panel metal roof. The 0.83-acre lot provides ample space, including a surfaced parking lot with over 35 parking spaces. Inside, the open floor plan offers flexibility for various business uses, currently configured as a cabinet shop. The 7,500 square foot space includes vinyl tile flooring, an office area, and two half baths. The property is zoned C-2 Hwy Commercial per Ware County. Existing features include non-combustible fans, non-combustible interior lighting, and storage racks that convey with the sale. The building is serviced by county water and a recently serviced septic system. The asking price is $399,900, with a price per square foot of $53.32 and a land value of $66.65 per square foot. This property is offered for sale by owner. The APN is 051D04-001.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
RESIDENTIAL · Waycross, GACosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.