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Property profile

506 Main St Thomson, GA 30824

FOR LEASE
Office Spaces
Property ID
US22-1205241
1,748 SF 0.33 ac lot Built 1926
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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506 Main St, Thomson, GA 30824
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Property summary

AI-generated overview

This exceptional 2,213-square-foot office building, located at 506 Main Street in Thomson, Georgia, presents a unique investment opportunity. Originally constructed in 1926 and extensively renovated in 2023, this property seamlessly blends historic charm with modern functionality. The building boasts 10 parking spaces and is situated on a 0.37-acre lot, offering ample space for clients and staff. The interior features original hardwood floors, 10-foot ceilings, and large windows throughout, creating a bright and inviting atmosphere. The layout includes four large offices, a break room, two restrooms, and a storage area on the ground floor, while the second floor offers two additional large offices, a restroom, and a newly installed HVAC system. Zoned B, this property is conveniently located less than half a mile from downtown Thomson and 2.5 miles from I-20 Exit 172, providing easy access to major transportation routes. The property's dual zoning as both traditional and medical office space allows for a wide range of potential uses. The building's features, prime location, and recent renovations make it an ideal choice for businesses seeking a unique and functional workspace in a thriving community. The McDuffie County location, with APN 0T130003, offers a blend of historical character and modern convenience. The property is served by 220-volt power. This is a single-tenant building with no elevators.

Property profile

Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1926
Construction WOOD
Total area 1,748 SF
Lot 0.33 ac (14,375 SF)
Zoning code B1
APN 0T130 00000 003 000
UPID US22-1205241

Cap rate & NOI

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

Location

506 Main St Thomson, GA 30824
Thomson metro Census 950200 AUGUSTA-RICHMOND COUNTY, GA-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$155k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$145k

Owner & transaction history

since 2022
Last sale
$142,000
2 recorded transactions
2022
$142,000
2005
$1.0M

Zoning & alternative use

B1 · Thomson, GA

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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