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    1803 Slappey Blvd Albany, GA 31701

    For Sale
    $599,000

    10-Acre Lot, Former Sonic, High Visibility

    Property size:
    2,419 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional commercial property presents a unique investment opportunity in Albany, Georgia. Located at 1803 N Slappey, the property boasts a substantial 10-acre lot with significant development potential. The main structure, a former Sonic Drive-In restaurant, offers 2,419 square feet of existing building space. This presents a chance to either renovate and repurpose the existing building or to demolish and construct a new development, taking advantage of the expansive land. The property enjoys excellent visibility and accessibility, with 100 feet of frontage on busy Slappey Boulevard, ensuring high traffic exposure for any business. The large acreage provides ample room for expansion, additional buildings, or parking, making it suitable for a wide range of commercial ventures. The combination of existing building and substantial land offers flexibility for various business plans, from retail to light industrial uses. This property is priced competitively at $599,000, representing a strong value proposition in the Albany commercial real estate market. The substantial lot size and prime location make this an attractive investment for those seeking a high-impact commercial property with significant upside potential. Serious inquiries are encouraged to explore this opportunity further.

    Property Features for 1803 Slappey Blvd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,419 SF
    Lot Size
    435,600 SF

    Building Details

    Year Built
    1988
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Dougherty
    State
    Georgia
    Longitude
    -84.17634
    Latitude
    31.60089

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    FAQs

    What type of property is this?
    Commercial real estate - 10-Acre Lot, Former Sonic, High Visibility
    Where is this commercial real estate located?
    The property is located at 1803 Slappey Blvd Albany, GA.
    What is the asking price?
    The asking price for this property is $599,000.
    (229) 436-8811
    Request Owner's contact information
    1803 Slappey Blvd Albany, GA 31701
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    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
    1803 Slappey Blvd Albany, GA 31701
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