545 Montgomery St Villa Rica, GA 30180
- Office buildings
- 6,274 SF
- 1.00 lot acres
Current Use by Public Records
- Office buildings
Property Details for 545 Montgomery St
- Year built
- 1973
- Construction
- WOOD FRAME
- Lot size
- 1.00 lot acres
- Property size
- 6,274 SF
- Property type
- Office buildings
- APN
- 0145-02-5- -00050
- APU
- 14502500050
Description
This exceptional 10,000-square-foot warehouse, situated on approximately one acre of land in Villa Rica, Georgia, presents a compelling investment opportunity. Built in 1983, this Class C industrial property is currently vacant and offers significant potential for a variety of uses. The property boasts a convenient location near I-20 and downtown Villa Rica, ensuring easy access to major transportation routes and local amenities. The asking price is $799,999, representing a price per square foot of $80. A significant buyer incentive of $75,000 at closing is being offered. The property is zoned C-3, providing flexibility for various commercial applications. Ample parking is available, with a ratio of 15.94 spaces per 1,000 square feet. This property is located at 545 E Montgomery St, Villa Rica, GA 30180, in Douglas County. Don't miss this chance to acquire a well-positioned warehouse in a thriving Georgia community. The property's size, location, and attractive price point make it an ideal investment for both established businesses and savvy investors.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,495,000
- 6.5%
- $1,380,000
- 7%
- $1,280,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,365,000
- AI Estimate
- $1,009,000
Market price range: $585k - $2.14MMarket price range: $517k - $1.38M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $1,210,000 Current use
- COMMERCIAL (GENERAL)
- $1,410,000 Change: +17% Conversion: Easy
- MEDICAL BUILDING
- $1,300,000 Change: +8% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Villa Rica
- County
- Douglas
- State
- Georgia
- Longitude
- -84.9079
- Latitude
- 33.7294
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA