Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    21 Fair St Baxley, GA 31513

    View on Map
    Sponsored
    For Sale
    $132,000

    COMMERCIAL - Baxley, GA

    Property size:
    1,690 SF
    Lot size:
    0.10 Acres
    Days on Market:
    60
    Last Refresh:
    Mar 7 at 6:06 am

    Property Features for 21 Fair St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    B-1
    Size
    1,690 SF
    Lot size
    0.10 Acres

    Building Details

    Year built
    1940
    Number of units
    1

    We can help!

    Listing Contact
    Deborah Rowland

    Rowland Realty LLC (912) 253-9791

    Listing agent Deborah Rowland (912) 253-9791

    Listing date Jan 7, 2026

    MLS# 23653

    Copyright © 2026 Altamaha Basin Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Downtown Baxley Restaurant Opportunity

    This commercial property, originally built in the 1940s as a bus and train station, is located in downtown Baxley, Georgia. Currently configured as a small restaurant, the property retains much of its original character. It is situated in a high-traffic, high-visibility location and is surrounded by shops and restaurants. The 1690 square foot building includes a dining area, a working kitchen equipped with a Halon fire suppression system, an office, and public restrooms. It also features two HVAC systems and a storage building. The sale includes existing equipment, fixtures, and furniture. The property is zoned B-1 and is situated on a 0.095-acre lot. The space is suitable for a coffee shop, ice cream parlor, or cafe. With renovations, it could also be adapted for use as a boutique, flower shop, hair/nail salon, office, or retail store. This property is being sold "AS IS".
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Turn key restaurants

    Suggested Use

    Real Estate Agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Baxley
    County
    Appling
    State
    Georgia
    Longitude
    -82.3479141
    Latitude
    31.7760947

    Nearby Similar for Sale

    • $325,000
      784 SF

      Remodeled Salon on Large Lot

      Remodeled salon on 1.67 acres, ready for immediate operation.
      93 Bell Dr, Baxley, GA 31513
      View Details
    • New
      $259,900
      2,422 SF

      Baxley Office Investment Opportunity

      Professional office space in a busy commercial area.
      181 N Main St, Baxley, GA 31513
      View Details
    • $399,000
      4.76 Acres

      Baxley Commercial Property on 4.76 Acres

      Commercial property featuring a warehouse and office building on 4.76 acres.
      Lakeview Dr, Baxley, GA 31513
      View Details
    • $250,000
      1,587 SF

      Baxley, GA Commercial Investment

      Commercial property with two leased units in high-traffic area.
      488 W Parker St, Baxley, GA 31513
      View Details
    • $294,999
      4,000 SF

      Baxley Commercial Property For Sale

      4,000 SF commercial property with kitchen, bays, and parking.
      828 North Blvd Pkwy, Baxley, GA 31513
      View Details
    • $220,000
      7.00 Acres

      Fertile Land Ready for Farming

      7 acres of fertile land equipped for blueberry production.
      02 Penny Morris Rd, Baxley, GA 31513
      View Details
    • $210,000
      Pending

      RV Park Near Altamaha River

      RV park with full hook-ups near Dean's Landing.
      Deen Lndg Rd, Baxley, GA 31513
      View Details
    • $350,000
      7,280 SF

      Downtown Commercial Space in Baxley

      Two-story commercial building with flexible retail/office space.
      South Main St, Baxley, GA 31513
      View Details
    • $1,500,000
      7,900 SF

      New Strip Mall in Baxley

      Newly built commercial strip mall in the heart of Baxley, GA.
      719 W Parker St, Baxley, GA 31513
      View Details
    • $1,650,000
      2,668 SF

      Turnkey Laundromat Investment Opportunity

      Income-producing, fully renovated laundromat with billboard income in Baxley, Georgia.
      410 W Parker St, Baxley, GA 31513
      View Details
    • $1,600,000
      14,150 SF

      Updated Commercial Building on 2.69 Acres

      Updated 14,150 SF commercial building on 2.69 acres.
      1205 W Parker St, Baxley, GA 31513
      View Details
    • $150,000
      2,000 SF

      Former Car Wash on U.S. 1

      Former car wash with high visibility and easy access.
      557 Boulevard, Baxley, GA 31513
      View Details

    FAQs

    What type of property is this?
    Turn key restaurant - Restaurant space for sale in revitalizing downtown Baxley, Georgia.
    Where is this turn key restaurant located?
    The property is located at 21 Fair St Baxley, GA.
    What is the asking price?
    The asking price for this property is $132,000.
    What are key features of this property?
    This property features: - High-traffic, high-visibility location in revitalizing downtown Baxley.; - Includes equipment, fixtures, and furniture for immediate restaurant operation.; - Adaptable space suitable for various businesses (coffee shop, retail, salon, etc.).
    (912) 253-9791
    Request Owner's contact information
    21 Fair St Baxley, GA 31513
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    21 Fair St
    Baxley, GA 31513
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    21 Fair St Baxley, GA 31513
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Deborah Rowland
    Real Estate License ID: 395521
    (912) 253-9791
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!