342 2nd St, Cochran, GA 31014-5722
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.
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
Property description
Physical attributes from public recordsZoning & alternative use
RESIDENTIAL · Cochran, GACochran. Always verify with local authorities before improvements.
Costs & 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.