2820 Meredyth Dr, Albany, GA 31707
- Added:
- Jan 13, 2026
- Days on Market:
- 165
- Last Refresh:
- Jun 27 at 5:06 pm
Property Features for 2820 Meredyth Dr
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 04-2/00000/121
- Size
- 10,428 SF
- Lot size
- 0.94 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- PARCEL 1B OF CROSS ESTATES S/D
- Tax Annual Amount
- 17936
Building Details
- Year built
- 1999
- Floors in Building
- 1
- Number of units
- 6
Listing agent Vickie Giles-Griffin (229) 894-2424
Listing office RE/MAX OF ALBANY 1819 Dawson Road, Albany, GA (229) 434-1600
Listing date Jan 13, 2026
Copyright © 2026 Albany Board of Realtors and Southwest Georgia MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- High traffic location: Over 20,000 vehicles pass daily.
- Prime commercial strip with established tenant (Woods Gallery).
- Two units available for lease, providing immediate income potential.
- Lease includes insurance and taxes ($3500.00).
- Excellent exposure on Westover Road and Meredyth Drive.
- Located across from Northwest Post Office and near new construction.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $125.1k | $12.00 |
| − Vacancy | −$13.1k | −$1.26 |
| EGI | $112.0k | $10.74 |
| − OpEx | −$33.6k | −$3.22 |
| NOI | $78.4k | $7.52 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Albany
- County
- Dougherty
- State
- Georgia
- Longitude
- -84.2214528
- Latitude
- 31.6103286