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    526 Oglethorpe Ave Albany, GA 31701

    Sponsored
    For Sale
    $165,000

    Historic Charm, High Traffic Location

    Property size:
    2,009 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 2,009 square foot commercial property at 526 W Oglethorpe in Albany, GA, presents a unique investment opportunity. Situated on a 0.25-acre lot in a high-visibility area boasting over 13,500 vehicles per day, this building offers significant potential. Previously occupied by a finance company, the interior features a welcoming lobby, reception area, two private offices, and two additional versatile rooms suitable for offices or storage. The property benefits from its proximity to downtown Albany and government offices, expanding its appeal to a wide range of businesses. Beyond its functional layout, this building retains its original charm with beautiful reclaimed hardwood floors and distinctive architecture, a rare find in commercial properties. Recent improvements include a brand-new roof installed in September 2023, enhancing its value and longevity. Adding to its practicality, a 20' x 10' utility building provides extra storage space, while three sides of fencing and rear alley access ensure convenience and security. Priced at $165,000, this property is ideal for business owners seeking a distinctive space or investors looking for a strong rental income stream. The combination of its prime location, attractive features, and recent upgrades makes this a truly compelling opportunity.

    Property Features for 526 Oglethorpe Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,009 SF
    Lot Size
    10,890 SF

    Building Details

    Year Built
    1960
    Property Profile 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 Hair Salon Auto Repair Shop 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
    -84.16136
    Latitude
    31.57499

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    FAQs

    What type of property is this?
    Commercial real estate - Historic Charm, High Traffic Location
    Where is this commercial real estate located?
    The property is located at 526 Oglethorpe Ave Albany, GA.
    What is the asking price?
    The asking price for this property is $165,000.
    (256) 825-4331
    Request Owner's contact information
    526 Oglethorpe Ave 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
    526 Oglethorpe Ave Albany, GA 31701
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