Property summary
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.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
RESIDENTIAL · Eastman, GAZoning
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Zoning designation
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The district profile from the municipal source: what is on file for RESIDENTIAL in Eastman, GA.
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