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6488 GA Highway 102 W 1,196 SF Specialty Building Offered at $75,000 at a 7.98% Cap Rate in Mitchell, GA 30820
Investment Highlights
- USPS tenant since 1969
- well maintained by owner
- USPS tax reimbursement rider
Executive Summary
USPS main post office for sale in Mitchell, GA. Occupied since 1969 by US Postal Service. USPS tax reimbursement rider. Modified gross lease structure.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$7,800
|
$6.52
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$7,800
|
$6.52
|
| Taxes |
-
|
-
|
| Operating Expenses |
$1,817
|
$1.52
|
| Total Expenses |
$1,817
|
$1.52
|
| Net Operating Income |
$5,983
|
$5.00
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $7,800 |
| Annual Per SF | $6.52 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $7,800 |
| Annual Per SF | $6.52 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | $1,817 |
| Annual Per SF | $1.52 |
| Total Expenses | |
|---|---|
| Annual | $1,817 |
| Annual Per SF | $1.52 |
| Net Operating Income | |
|---|---|
| Annual | $5,983 |
| Annual Per SF | $5.00 |
Property Facts Under Contract
| Price | $75,000 | Building Class | C |
| Price Per SF | $71.77 | Lot Size | 0.39 AC |
| Sale Type | Investment | Building Size | 1,045 SF |
| Cap Rate | 7.98% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1965 |
| Property Subtype | Post Office | ||
| Zoning | 001 | ||
| Price | $75,000 |
| Price Per SF | $71.77 |
| Sale Type | Investment |
| Cap Rate | 7.98% |
| Property Type | Specialty |
| Property Subtype | Post Office |
| Building Class | C |
| Lot Size | 0.39 AC |
| Building Size | 1,045 SF |
| No. Stories | 1 |
| Year Built | 1965 |
| Zoning | 001 |
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Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 007C-030 | Total Assessment | $27,934 |
| Land Assessment | $1,170 | Annual Taxes | $0 ($0.00/SF) |
| Improvements Assessment | $26,764 | Tax Year | 2025 |
Property Taxes
Parcel Number
007C-030
Land Assessment
$1,170
Improvements Assessment
$26,764
Total Assessment
$27,934
Annual Taxes
$0 ($0.00/SF)
Tax Year
2025
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6488 GA Highway 102 W