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Property profile & analytics
OFF-MARKET
Retail space

709 Barnesville St Thomaston, GA 30286-5718

1,737 SF 0.32 ac lot Built 1920
Individually Owned 6-yr Hold Free & Clear
Property ID
US22-1382582
Property summary
AI-generated overview

This exceptional mixed-use investment opportunity in Thomaston, Georgia, presents a unique chance to acquire two parcels totaling approximately 0.9 acres. The property boasts a combined 4,977 square feet of existing retail and office space, strategically located at 709 Barnesville Street, Upson County, GA 30286. One parcel encompasses approximately 0.58 acres and features roughly 3,240 square feet of retail/office space, while the second parcel, spanning approximately 0.32 acres, includes an additional 1,737 square feet of similar space. The asking price for this combined property is $185,000, translating to a price per square foot of $37.17. This presents a compelling value proposition for investors seeking a foothold in a thriving market. The property's location on Barnesville Street offers excellent visibility and accessibility. Utilities are readily available on both sites, simplifying development and operational plans. This property is well-suited for a variety of uses, making it an attractive option for both seasoned investors and those new to commercial real estate. The existing structures provide immediate income potential, while the ample land offers significant room for expansion or redevelopment. Don't miss this opportunity to acquire a versatile and profitable commercial property in a desirable Georgia location.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1920
Construction WOOD
Total area 1,737 SF
Lot 0.32 ac (13,939 SF)
Zoning code C2
APN T31-179
UPID US22-1382582
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
Jerry Colwell · 6 yrs held
Jerry Colwell
since 2020
Last sale
$115,000
2 recorded transactions
2020
Price N/A
2014
Price N/A
Zoning & alternative use
C2 · Thomaston, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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