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Property profile & analytics
OFF-MARKET
Warehouses

608 Alice St Waycross, GA 31501-4718

5,892 SF 0.26 ac lot Built 1958
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US22-2528954
Property summary
AI-generated overview

This exceptional commercial property, located at 608 Alice St in Waycross, Georgia, presents a unique investment opportunity. The 5,892 square foot building, situated on a 0.26-acre lot, boasts a prime location at the corner of Carswell Ave and Alice St, ensuring high visibility and traffic. Recently renovated in 2024, this two-story building features a new roof, electrical system, and drywall, along with abundant storage space and a convenient loading dock. The interior showcases original exposed brick, adding to its historical charm. Currently vacant, this property is zoned C-2, allowing for a variety of commercial uses. Built in 1952, the building has been meticulously updated to meet current city codes, minimizing any potential renovation costs. The asking price is $269,000, translating to $45.66 per square foot. This represents a compelling opportunity to acquire a well-maintained, historically significant commercial space in a thriving downtown area. The property's versatile layout, combined with its excellent location and recent renovations, makes it ideal for a variety of businesses seeking a prominent presence in Waycross.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1958
Construction CONCRETE
Total area 5,892 SF
Lot 0.26 ac (11,326 SF)
Zoning code COMMERCIAL
APN WA09-02-001
UPID US22-2528954
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Comcuz LLC · 3 yrs held
Comcuz LLC
since 2023
Last sale
$63,000
5 recorded transactions
2023
$63,000
2022
Price N/A
2015
Price N/A
2011
Price N/A
2005
$160,000
Zoning & alternative use
COMMERCIAL · Waycross, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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