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    1001 Slappey Blvd Albany, GA 31701

    Sponsored
    For Sale
    $799,900

    Prime Albany location, 58,401 sq ft buildings, high potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 10.097-acre commercial property in Albany, Georgia, presents a significant investment opportunity. Strategically located on Slappey Boulevard, it enjoys convenient proximity to the airport, major industrial areas, and key trucking routes. The property boasts a substantial 58,401 square feet of building space, including a main structure of 43,795 square feet. This main building comprises a spacious 28,000 square foot garage/warehouse area, complemented by 15,795 square feet of climate-controlled space, ideal for offices, showrooms, or a parts room. Three additional detached buildings enhance the property's versatility: a former body shop (12,040 sq ft), a storage building (1,890 sq ft), and a sales office (676 sq ft). The site features 7 fenced acres, 5 acres of asphalt paving, and 2.9 acres of open land, providing ample space for various uses. Two commercial entrances and pole lighting throughout the lot ensure excellent visibility and accessibility. A gated alley provides secure access to the rear of the property. Currently, a portion of the property generates income through existing leases: a car lot occupying the sales office pays $3,000 per month, while a secondary mechanic shop (Wallace Shop) in the rear pays $1,200 monthly. This property offers substantial potential for a variety of commercial ventures.

    Property Features for 1001 Slappey Blvd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    439,956 SF

    Building Details

    Year Built
    1972
    Property Profile Location Intelligence

    Current Use by Public Records

    higi Health Consultant Beauty Depot super ... Beauty Supply Store Third Avenue Shopping ... Shopping Mall Car Nation Auto ... Used Car Dealer

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Dougherty
    State
    Georgia
    Longitude
    -84.17725
    Latitude
    31.56396

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Albany location, 58,401 sq ft buildings, high potential.
    Where is this commercial real estate located?
    The property is located at 1001 Slappey Blvd Albany, GA.
    What is the asking price?
    The asking price for this property is $799,900.
    (229) 518-9778
    Request Owner's contact information
    1001 Slappey Blvd Albany, GA 31701
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    Realmo Value Estimation

    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.

    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.

    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
    1001 Slappey Blvd Albany, GA 31701
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