Property profile

303 Griffin Ave Eastman, GA 31023

FOR SALE
Commercial real estate
Property ID
US22-3236961
0.57 ac lot
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Property summary

AI-generated overview

This exceptional commercial property, located at 303 Griffin Avenue in Eastman, Georgia, presents a unique investment opportunity. The 0.57-acre lot offers significant potential for a wide range of commercial ventures. Its strategic location within Eastman provides excellent visibility and accessibility, making it an attractive proposition for businesses seeking a strong foothold in the community. The property is classified as General Commercial, allowing for considerable flexibility in terms of permitted uses. The asking price of $75,000 represents a compelling value for a property of this size and location. Given the land's versatility, prospective buyers can explore various development options, from establishing a small retail outlet to constructing a larger commercial building. The absence of existing structures allows for complete customization to meet specific business needs. This property is ready for immediate development, offering a blank canvas for entrepreneurs and investors alike. Its prime location and affordable price make it an exceptional opportunity to establish a thriving business in a growing community. Serious inquiries are encouraged to explore the possibilities this property offers. Further details regarding zoning and permitted uses are readily available upon request.

Property profile

Verified
Property type Commercial real estate
Lot 0.57 ac (24,829 SF)
UPID US22-3236961

Cap rate & NOI

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

Location

303 Griffin Ave Eastman, GA 31023
Eastman metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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