539 Main St Baxley, GA 31513-0107
- Commercial real estate
- 0.28 lot acres
Current Use by Public Records
- Pine Lodge Motel / Hotel / Motel
- Taqueria Guerrero LLC / Mexican Restaurant
Property Details for 539 Main St
- Lot size
- 0.28 lot acres
- Property type
- Commercial real estate
- APN
- G003-007
- APU
- G003007
Description
This exceptional investment opportunity presents a 62-room motel situated on a substantial 3.87-acre lot in Baxley, Georgia. The property, located at 539 S Main St, 31513, boasts a prime location in a high-traffic area, ensuring excellent visibility and accessibility for guests. The motel underwent a complete renovation in 2022, encompassing new flooring, beds, televisions, and refrigerators, ensuring modern comfort for guests. The 24,029 square foot property includes three parcels: the main motel building, a residential home, and a parcel currently leased to a local food truck. The motel features comfortable rooms equipped with modern amenities. The property also benefits from a recently installed new roof. This turnkey operation presents a compelling investment opportunity with significant potential for return. The asking price is $2,300,000, translating to $95.72 per square foot. The property's APN is G003 007/G003 005/G003 012. This is a rare chance to acquire a well-maintained, high-performing motel in a thriving location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $95,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $75,000
- 6.5%
- $70,000
- 7%
- $60,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $75,000
- Geo Method
- $80,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $75,000
- Retail
- $65,000
- Mixed-Use
- $65,000
- Hospitality
- $65,000
- Educational
- $65,000
- Residential Income
- $70,000
- Energy
- $80,000
- Income-Based Land
- $60,000
- Food Service
- $60,000
Location Insight
- Map
- Local Demand
- City
- Baxley
- County
- Appling
- State
- Georgia
- Longitude
- -82.3515
- Latitude
- 31.7701