North Lake Drive

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North Lake Drive

Lake City, GA 30260
Asking Price
$110K
Asset Type
Commercial Land
Class
Class B

What's Special

Land | 0.29 acres <ul><li>​BG zoning. Retail, service, office and light-commercial uses.</li><li>​Site accommodates a 5,000 SF+- building. The 13,024 SF+- site exceeds the 10,000-SF minimum; 60' front / 5' side & rear setbacks.</li><li>​A low-cost commercial position on commercial-industrial corridor with direct interstate and airport access.</li><li>​Three shipping containers are included with the sale.</li><li>​Corridor momentum. $4M GDOT Forest Parkway repave and nearby Fort Gillem logistics redevelopment supp

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NOI
$80,000
Cap Rate
72.73%
DSCR
12.25
Strong
Cash-on-Cash
222.63%
Monthly Payment
$544.22
Annual Cash Flow
$73,469.36

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