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1781 Georgia Road, Franklin, NC 28734
$1,199,000
1781 Georgia Road, Franklin, NC 28734View this property at 1781 Georgia Road, Franklin, NC 28734
1781 Georgia RoadFranklinNC28734
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Property Description
Investors seeking a stable income property with minimal management needs- look no further! Just south of HWY 64/US 441 intersection with average daily traffic counts of 24,000 (NCDOT 2019), this prime commercial building boasts five fully leased units with excellent visibility. All leases are Triple Net (NNN), ensuring a steady income stream as tenants are responsible for property taxes and insurance. The property offers capital improvements in all units and efficient operation thanks to separate power meters and HVAC systems for each space. Convenient septic, city water, and a well-maintained parking lot round out the package. This is an excellent opportunity to acquire a reliable income producer in a high-traffic location.
Full Property Details
Full Property Details for 1781 Georgia Rd
General
- Price: $1,199,000
- Status: Active
- Type: Commercial
- MLS ID: 4131781
- Updated: 4/22/2024
- Added to Site: 11 day(s) ago
Location
- County: Macon
- Driving Directions: From Franklin, take 441 south until you reach property on right. LA sign.
Structural Information
- Min Required: 1.13 Sq. Ft.
- Minimum Avail: 900 Sq. Ft.
- Year Built: 1982
Lot Features
- Street/Road Desc.: Paved
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Restrictions: Deed, Signage, Use, Other - See Remarks
- Inclusions: Building, Land
- Property ID: 6583780636
- Lot Number: V40I-1560
Listed by Vignette Realty
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Schools
Schools serving 1781 Georgia Rd
School District:Macon County Schools
Rating | Name | Grades | Distance |
---|---|---|---|
161 Clarks Chapel Rd, Franklin, NC 28734 | 5-6 | 2 mi | |
855 Addington Bridge Rd, Franklin, NC 28734 | PK-4 | 2.6 mi | |
1345 Wells Grove Rd, Franklin, NC 28734 | 7-8 | 2.1 mi | |
100 Panther Dr, Franklin, NC 28734 | 9-12 | 2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1781 Georgia Rd
Date
Details
Price
Change
Source
4/22/2024
Listed
$1,199,000
556.99%
MLS
4/19/2021
Sold
$182,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1781 Georgia Rd
Year
Property Taxes
Change
Tax Assessment
Change
2023
100%
$100
—
2022
-100%
$100
-100%
2021
$705
6%
$155,030
—
2020
$665
—
$155,030
—
2019
$665
—
$155,030
-5%
2019
$665
68%
$163,730
—
2018
$396
—
$163,730
—
2017
$396
—
$163,730
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1781 Georgia Rd
1781 Georgia Road, Franklin, NC 28734 (MLS# 4131781) is a Commercial property. 1781 Georgia Road is currently listed for $1,199,000 and was received on April 22, 2024. Want to learn more about 1781 Georgia Road? Do you have questions about finding other Commercial real estate for sale in Franklin? You can browse all Franklin real estate or contact a Coldwell Banker agent to request more information.