Property summary
This 7,512 square foot commercial building situated on a 0.96-acre corner lot in Cochran, Georgia, presents a unique investment opportunity. The cement block structure is located on a state highway, offering excellent road frontage and high visibility. Previously utilized as a gas station, service station, and laundromat, the property requires substantial renovations. The building's substantial size and prominent location make it ideal for a variety of commercial ventures, subject to necessary improvements and any required permits. The expansive 0.96-acre lot provides ample space for expansion or additional development. The property is being sold "as is," reflecting the need for significant upgrades. This presents a chance for a buyer with vision to transform this underutilized asset into a thriving commercial enterprise. The asking price of $150,000 offers a compelling entry point for investors seeking a high-return project in a strategic location. Serious inquiries are encouraged to explore the potential of this property. All information is deemed reliable but not guaranteed.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
RESIDENTIAL · Cochran, GAZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for RESIDENTIAL in Cochran, GA.
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Find the owner behind the property.
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