317 Taylor St Griffin, GA 30223
- Retail space
- 2,516 SF
- 0.27 lot acres
Current Use by Public Records
- Metro by T-Mobile / Cell Phone Accessory Store / Cell Phone Store
- Taco N Go / Taco Restaurant
Property Details for 317 Taylor St
- Year built
- 1955
- Construction
- WOOD FRAME
- Lot size
- 0.27 lot acres
- Property size
- 2,516 SF
- Zone code
- CBD
- Property type
- Retail space
- APN
- 015 -41-008
- APU
- 1541008
Description
This exceptional retail property, located at 317 W Taylor Street in Griffin, GA, presents a compelling investment opportunity for passive investors. The 2,516 square foot building sits on a 0.27-acre lot and enjoys excellent visibility from the heavily trafficked W Taylor Street, offering ample parking for customers and employees. Constructed in 1985, the property has undergone renovations over the years, ensuring its modern appeal and functionality. Currently, the building is 100% leased to two tenants: Metro by T-Mobile occupies the front retail space, while an additional tenant utilizes the office and break areas. This provides a stable and consistent income stream. The property's zoning designation is CBD (Central Business District), reflecting its prime location within the thriving Griffin, Georgia market, situated in Spalding County. All essential utilities and public services are readily available on-site. This turnkey investment offers a rare chance to acquire a well-maintained, fully leased retail property in a high-growth area, promising strong returns for the discerning investor. The property's size, location, and current occupancy make it an attractive proposition for those seeking a low-maintenance, high-return investment.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $520,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $470,000
- 6.5%
- $445,000
- 7%
- $465,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $520,000
- Geo Method
- $565,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $510,000
- Retail
- $430,000
- Mixed-Use
- $415,000
- Hospitality
- $395,000
- Educational
- $485,000
- Residential Income
- $395,000
- Energy
- $490,000
- Income-Based Land
- $475,000
- Food Service
- $395,000
Location Insight
- Map
- Local Demand
- City
- Griffin
- County
- Spalding
- State
- Georgia
- Longitude
- -84.2681
- Latitude
- 33.2476
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
