Sign Up Successful!
You now have access to more from Realmo!
    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

    604 W 3Rd St Donalsonville, GA 39845

    Sponsored
    For Sale
    $299,000

    Real Estate & Business - Donalsonville, GA

    Property size:
    15,000 SF
    Lot size:
    0.64 Acres
    Days on Market:
    8
    Last Refresh:
    Jan 30 at 11:06 am

    Property Features for 604 W 3Rd St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    D0030001
    Interior features
    Business Established 5+ Yrs Ago, Furnished: Some, Kitchen Area, Office Area, Restrooms: Private, Restrooms: Public, See Remarks
    Exterior features
    Sign, Display Windows
    Size
    15,000 SF
    Lot size
    0.64 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1966
    Number of units
    1
    Architectural style
    Other

    We can help!

    Listing Contact
    Zane Whittaker

    The Whittaker Agency (229) 524-2088

    Listing agent Zane Whittaker (229) 524-2088

    Listing date Jan 23, 2026

    MLS# 13945 Listing URL

    Copyright © 2026 Southwest Georgia Board of Realtors MLS. 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

    Mixed-Use Property in Donalsonville, GA

    This commercial property in Donalsonville, GA, offers over 15,000 square feet of space on a 0.64-acre corner lot. The multi-use building currently hosts a mix of tenants, including a restaurant and private office rentals. The property features five office suites, new HVAC units, and a roof installed in 2018. It is fully connected to electricity and city sewer services. The property has over 15 parking spaces and a billboard-style sign. The property has 300+ feet of highway frontage. This property is an income-producing asset.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    AAA Powersports Auto Repair Shop

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Donalsonville
    County
    Seminole
    State
    Georgia
    Longitude
    -84.890061
    Latitude
    31.044385

    Nearby Similar for Sale

    • $385,000
      2.83 Acres

      Lake Seminole Commercial Land Opportunity

      2.83-acre property on Lake Seminole, ideal for campground or venue.
      8044 County Road 374, Donalsonville, GA 39845
      View Details
    • $1,250,000
      7,200 SF

      Assisted Living Facility For Sale

      Turnkey assisted living facility with 16 beds on 1.55 acres.
      1002 North Wiley Ave, Donalsonville, GA 39845
      View Details
    • $400,000
      3.59 Acres

      Donalsonville Commercial Property on 3.59 Acres

      3.59-acre commercial property with retail building, sheds, and fenced area.
      107 N Friendship Ave, Donalsonville, GA 39845
      View Details
    • $325,000
      0.40 Acres

      Medical Office Building Near Hospital

      Turnkey medical office near Donalsonville Hospital, suitable for various practices.
      800 N Tennille Ave, Donalsonville, GA 39845
      View Details
    • $325,000
      15,000 SF

      Versatile Commercial Property in Donalsonville

      Income-producing commercial property with restaurant and office rentals in Donalsonville.
      412 W 3Rd St, Donalsonville, GA 39845
      View Details
    • $8,000,000
      1,450.00 Acres

      Donalsonville Farm and Agricultural Property

      1450 acre farm and agricultural property in Donalsonville, Georgia.
      3037 Paul Robinson Rd, Donalsonville, GA 39845
      View Details
    • $199,000
      1,300 SF

      Donalsonville Apartment - Great Investment

      1,300 sq ft, 0.48-acre lot, $199,000
      2738 Stapleton Dr, Donalsonville, GA 39845
      View Details
    • $249,900
      4.46 Acres

      Donalsonville Commercial Land Opportunity

      4.46 Acres, Build Your Vision
      84w 4.46 Ac Hwy, Donalsonville, GA 39845
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Income-producing commercial property with restaurant and office rentals.
    Where is this mixed-use property located?
    The property is located at 604 W 3Rd St Donalsonville, GA.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: - Income-producing commercial property with existing tenants.; - High-visibility location on a .30-acre corner lot with **300+ feet of highway frontage.**; - Over 15,000 square feet of versatile space.
    (229) 254-7351
    Request Owner's contact information
    604 W 3Rd St Donalsonville, GA 39845
    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.
    604 W 3Rd St
    Donalsonville, GA 39845
    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
    604 W 3Rd St Donalsonville, GA 39845
    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
    Zane Whittaker
    (229) 254-7351
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.