Property profile

57 W Oak St Mc Rae, GA 31055

FOR SALE
Retail space
Property ID
US22-2123561
4,500 SF 0.13 ac lot Built 1980
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 3,000-square-foot commercial property, located at 57 W Oak St in McRae-Helena, Georgia, presents a compelling investment opportunity. The single-story, 1980-built building sits on a 0.24-acre lot and is zoned C3, offering flexibility for various commercial uses. Previously utilized as an auto parts and repair shop, the spacious layout allows for customization to suit diverse business needs. The property boasts high visibility and convenient access, ensuring strong potential for attracting customers. Priced at $295,000, this represents an attractive price per square foot of $98.33. The building features a single unit with 3,000 square feet of net rentable space. There are no scheduled rent bumps. This owner-user opportunity is perfect for entrepreneurs seeking a well-located, adaptable space in a growing Georgia community. The property's convenient location in Telfair County, with its 31055 zip code, provides easy access to local amenities and transportation routes. This is a chance to acquire a substantial commercial building with significant potential for return on investment. The property's history as an auto shop provides a solid foundation for a variety of businesses, while its adaptable floor plan allows for easy customization to meet specific operational requirements. Don't miss this chance to own a piece of McRae-Helena's thriving commercial landscape.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1980
Construction STEEL FRAME
Total area 4,500 SF
Lot 0.13 ac (5,808 SF)
Zoning code 1
APN MC1400 007
UPID US22-2123561

Cap rate & NOI

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

Location

57 W Oak St Mc Rae, GA 31055
Mc Rae metro Census 950103
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$100k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$100k

Owner & transaction history

since 2024
Last sale
$100,000
1 recorded transaction
2024
$200,000

Zoning & alternative use

1 · Mc Rae Helena, 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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More about this property
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