532 Davis Dr Warner Robins, GA 31093
- Bars
- 5,000 SF
- 0.18 lot acres
Current Use by Public Records
- Bars
Property Details for 532 Davis Dr
- Year built
- 1967
- Construction
- STEEL FRAME
- Lot size
- 0.18 lot acres
- Property size
- 5,000 SF
- Zone code
- C2
- Property type
- Bars
- Property subtype
- Pubs
- APN
- 0W016E 39B000
- APU
- 0W016E39B000
Description
This exceptional retail investment opportunity encompasses a 20,932-square-foot storefront property situated on a generous 3.6-acre lot in Warner Robins, Georgia. The property is conveniently located approximately three-quarters of a mile from Highway 247 and Robins Air Force Base, ensuring high visibility and accessibility. The single-story building is currently configured as eight individual retail spaces, each offering a unique size ranging from 1,326 to 5,000 square feet, catering to a variety of business needs. The asking price is $485,000, translating to a price per square foot of $23.17. The property is zoned C2, allowing for a diverse range of commercial uses. This presents a compelling opportunity for investors seeking a well-located, multi-tenant retail center with significant potential for growth and strong rental income. The property's size and strategic location near a major highway and a significant employer like Robins Air Force Base make it an attractive proposition for both established businesses and new ventures. The existing infrastructure provides a solid foundation for immediate occupancy or potential redevelopment to further enhance the property's value. This is a rare opportunity to acquire a substantial retail property in a thriving market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $235,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $215,000
- 6.5%
- $215,000
- 7%
- $210,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $240,000
- Geo Method
- $225,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $185,000
- Retail
- $205,000
- Mixed-Use
- $185,000
- Hospitality
- $185,000
- Educational
- $235,000
- Residential Income
- $215,000
- Energy
- $225,000
- Income-Based Land
- $185,000
- Food Service
- $210,000
Location Insight
- Map
- Local Demand
- City
- Warner Robins
- County
- Houston
- State
- Georgia
- Longitude
- -83.6119
- Latitude
- 32.6316
- CBSA code
- 47580
- CBSA name
- WARNER ROBINS, GA METROPOLITAN STATISTICAL AREA