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    806 Commerce St Perry, GA 31069-3320

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    806 Commerce St Perry, GA 31069-3320


    • Commercial real estate
    • 4,725 SF
    • 0.25 lot acres
    Off-Market
    Property ID
    US22-1804872
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $720,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • The Muse Theatre / Hotel & Motel / Resort

    Property Details for 806 Commerce St

    Year built
    1950
    Lot size
    0.25 lot acres
    Property size
    4,725 SF
    Zone code
    C3
    Property type
    Commercial real estate
    APN
    0P0010 01C000
    APU
    0P001001C000

    Description

    This exceptional mixed-use property presents a unique investment opportunity in the heart of Downtown Perry, Georgia. Encompassing two prime corner lots totaling 0.48 acres at 806 and 810 Commerce Street, this offering features a stunning, newly renovated, 7,500 square foot, three-story historic theatre. The building's prime location sits at the intersection of Ball Street, Commerce Street, and Jernigan Street, offering excellent visibility and accessibility. Currently vacant, this versatile space is ideal for a variety of uses, making it an attractive prospect for savvy investors seeking a high-return asset. The property's substantial size and historic character provide a blank canvas for creative redevelopment, catering to a range of commercial ventures. The asking price is $2,750,000, translating to a price per square foot of $366.67. This represents a significant opportunity to acquire a substantial piece of Perry's vibrant downtown, situated conveniently behind "Orleans on Carroll Street". The property's location and unique character make it a compelling investment in a growing Georgia community. The building's historic charm combined with its modern renovations presents a rare opportunity to own a piece of Perry's rich history while capitalizing on its future potential. Don't miss this chance to acquire a truly exceptional property.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $700,000
      6.5%
      $650,000
      7%
      $600,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $831,000
      Market price range: $210k - $831k
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $540,000
      Current use
      AUTO REPAIR, GARAGE
      $715,000
      Change: +33% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $650,000
      Change: +21% Conversion: Difficult
      OFFICE BUILDING
      $535,000
      Change: -1% Conversion: Easy
      MEDICAL BUILDING
      $530,000
      Change: -2% Conversion: Easy
      RETAIL STORES
      $510,000
      Change: -6% Conversion: Easy
      WAREHOUSE, STORAGE
      $485,000
      Change: -10% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Perry
    County
    Houston
    State
    Georgia
    Longitude
    -83.7344
    Latitude
    32.4586
    CBSA code
    47580
    CBSA name
    WARNER ROBINS, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $9,399
    $21,760
    $232,320
    $254,080
    -
    $54,400
    $580,800
    $635,200
    More about this property
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