5711 1st Ave, Eastman, GA 31023-6811
This exceptional commercial property, located at 5711 1st Avenue in Eastman, Georgia, presents a unique investment opportunity. Boasting 3,828 square feet of space, this building sits on a prominent corner lot encompassing 0.81 acres of land. Its previous use as a daycare/preschool for over two decades speaks to its suitability for a variety of commercial ventures. The substantial size and ample land provide significant flexibility for future development and adaptation to diverse business needs. The property is priced affordably at $94,500, offering a compelling return on investment for the right buyer. While requiring some renovations and modernization, the building's solid foundation and prime location make it an attractive proposition for entrepreneurs and investors seeking a project with high upside potential. The expansive lot offers ample parking and potential for expansion or outdoor amenities. This is a chance to transform a well-established building into a thriving business hub, capitalizing on its strategic location and significant square footage. Serious inquiries are encouraged to explore the possibilities this property offers. The property is ready for its next chapter, awaiting a visionary owner to unlock its full potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
RESIDENTIAL · Eastman, GAEastman. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.