Property profile

805 Main St Statesboro, GA 30458

OFF-MARKET
Retail space
Property ID
US22-2476361
2,894 SF 1.15 ac lot Built 1940
Individually Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This 1.15-acre commercial land parcel, located at 805 S Main St, Statesboro, GA 30458 (APN: MS52000013 000), presents a unique investment opportunity. Situated directly across from Georgia Southern University, this Highway Oriented Commercial zoned property benefits from exceptional visibility and high traffic counts, with approximately 17,000 vehicles passing daily. Its prime location directly fronts Highway 301 South/South Main Street, adjacent to retail establishments and restaurants, and in front of a high-density student apartment complex. The property's proximity to the university ensures a large, readily accessible student population exceeding 25,000. Currently utilized for agricultural/landscaping, the site features existing well and septic systems, with city services also available. This presents a rare opportunity for commercial development in a well-established, high-demand area. The asking price is $599,950. This location offers unparalleled access to a substantial and consistent customer base, making it ideal for a variety of commercial ventures.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1940
Construction FRAME
Total area 2,894 SF
Lot 1.15 ac (50,094 SF)
Zoning code HOC
APN MS52 -013-000
UPID US22-2476361

Cap rate & NOI

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

Location

805 Main St Statesboro, GA 30458-3464
Statesboro metro Census 110401 STATESBORO, GA MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$509k
Blend (final) Blend
$270k

Owner & transaction history

since 2023
Last sale
$585,000
1 recorded transaction
2023
Price N/A

Zoning & alternative use

HOC · Statesboro, GA
Zoning description

The HOC highway oriented commercial district is for establishments offering accommodations, supplies, or services to motorists, and for certain specialized uses such as retail outlets, extensive commercial amusements, an…

General category COMMERCIAL
Top alternative use upside
Commercial (general) $380,000 +16.4%
Office building $365,000 +13.0%

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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