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    840 & 880 E King Ave Kingsland, GA 31548

    View on Map
    For Sale
    Under Contract
    $1,750,000

    Commercial Sale - Kingsland, GA

    Lot size:
    1.27 Acres
    Added:
    Jan 16, 2026
    Days on Market:
    76
    Last Refresh:
    Apr 2 at 1:06 am

    Property Features for 840 & 880 E King Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking
    50
    Standard status
    Active Under Contract
    APN
    K22A03 001A
    Lot size
    1.27 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Melinda Laager

    Listing agent Melinda Laager

    Listing office BHHS Hodnett Cooper Real Estate 520 Ocean Blvd, St Simons Island, GA

    Listing date Jan 16, 2026

    MLS# 1658896 Listing URL

    Copyright © 2026 Golden Isles Association 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.

    Overview

    Kingsland Retail Strip Center For Sale

    Located along East King Avenue in Kingsland's commercial corridor, this multi-tenant retail strip center offers visibility, accessibility, and on-site parking. The property includes two buildings with multiple storefronts featuring display windows, covered walkways, and signage options. Currently configured for retail, service, or light commercial use, the center is suitable for flooring showrooms, professional offices, contractor services, specialty retail, or owner-user occupancy with income-producing suites. The asphalt parking lot provides customer and employee parking, with ingress and egress from a well-traveled roadway. Situated among established businesses, residential neighborhoods, and regional traffic routes, the property benefits from local demand and visibility. Its single-story construction and flexible interior layouts allow for reconfiguration for various commercial uses. The property sits on a 1.27-acre lot. One tenant is currently on a month-to-month lease, and another tenant is in a lease. Other units are under current negotiations for long-term leases. This property presents an opportunity for an investor seeking value-add potential, a business owner seeking a prominent location, or a portfolio expansion in Southeast Georgia.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    New Life Tabernacle ... Church Charlotte's Crafty Creations (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Kingsland
    County
    Camden
    State
    Georgia
    Longitude
    -81.6789293
    Latitude
    30.7993934

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    FAQs

    What type of property is this?
    Strip mall - Multi-tenant retail strip center in the heart of Kingsland, Georgia.
    Where is this strip mall located?
    The property is located at 840 & 880 E King Ave Kingsland, GA.
    What is the asking price?
    The asking price for this property is $1,750,000.
    What are key features of this property?
    This property features: Excellent visibility and easy access in the heart of Kingsland's commercial corridor.; Abundant on‑site parking for customers and employees.; Flexible interior layouts easily reconfigured for various commercial uses.
    (912) 638-5450
    We can help!
    Listing Contact
    Melinda Laager
    Learn More
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    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
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