Commercial Land with Interstate
For Sale
Contact for pricing
105 General Courtney Hodges Boulevard, Perry, GA 31069
C-3-zoned commercial land with existing buildings and water, sewer, and power available on-site.
Property Size22,651 SF
Price / SF$68.43
Days on Market100
Property Features for 105 General Courtney Hodges Boulevard
General Information
Standard status
Active
Size
22,651 SF
Class
B
Property subtype
Retail, Hospitality
Zoning
C-3 (Commercial)
Building Details
Year Built
1972
Units
4
Listing Agency:
The Summit Group
Listed By:
Kevin Harkins · License #GA 297804
Source:
Crexi
Added: Jul 7
Changed: Oct 12
Last Checked: Oct 12 at 7:18PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Summit Group
Investment Insights
Based on property information with market context.
This commercial land property includes four buildings totaling approximately 22,651 square feet on 4.19 acres. The site carries C-3 (Commercial) zoning, with existing water, sewer, and power available on-site. Improvements date to 1972 and provide an established physical component for future commercial planning.
The property is located at 105 General Courtney Hodges Boulevard in Perry, Georgia, along Interstate 75 with approximately 395 feet of frontage. Access is available from Exit 135, and the corridor records exposure to more than 126,000 vehicles per day. Nearby commercial uses include Walmart Supercenter, Publix, Cracker Barrel, LongHorn Steakhouse, Hampton Inn, and Holiday Inn Express. The Georgia National Fairgrounds & Agricenter is also minutes away and attracts nearly one million visitors annually.
The property is located at 105 General Courtney Hodges Boulevard in Perry, Georgia, along Interstate 75 with approximately 395 feet of frontage. Access is available from Exit 135, and the corridor records exposure to more than 126,000 vehicles per day. Nearby commercial uses include Walmart Supercenter, Publix, Cracker Barrel, LongHorn Steakhouse, Hampton Inn, and Holiday Inn Express. The Georgia National Fairgrounds & Agricenter is also minutes away and attracts nearly one million visitors annually.
Key Highlights
- 4.19‑acre commercial land property with four buildings totaling approximately 22,651 square feet
- C‑3 (Commercial) zoning
- Approximately 395 feet of Interstate 75 frontage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$127,045
Cap Rate
8.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,540,900
$2.5M
Cap Rate 7%
$1,814,929
$1.8M
Cap Rate 9%
$1,411,611
$1.4M
Market Conditions
NOI Build-Up for 22,651 SF
Gross rent
$326.2K $14.40/SF
− Vacancy
−$58.7K −$2.59/SF
EGI
$267.5K $11.81/SF
− OpEx
−$140.4K −$6.20/SF
NOI
$127.0K $5.61/SF
Area
Houston County, GA
Vacancy
18.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,540,900
Cap Rate 7%
$1,814,929
Cap Rate 9%
$1,411,611
Alternative Uses
Best Use
Hotel Hospitality
$1.81M
$1.59M – $2.12M
NOI $127,045 @ 7.0% cap · market cap 8.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.89M
$4.28M – $5.70M
NOI $342,222 @ 7.0% cap · market cap 22.08%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
149
Businesses Nearby
Explore this area
Business Placement
Demographics for 31069, GA
22,915
Population
9,389
Households
2.4
Avg Household Size
38
Median Age
28%
College-Educated
94%
High-School Grad
99.8 sq mi
ZIP Area
230
Density / Sq Mi
$75,526
Median Household Income
$48,601
Median Earnings
$997
Median Rent
$205,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - C-3-zoned commercial land with existing buildings and water, sewer, and power available on-site.
Where is this commercial land located?
The property is located at 105 General Courtney Hodges Boulevard Perry, GA.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: 4.19‑acre commercial land property with four buildings totaling approximately 22,651 square feet; C‑3 (Commercial) zoning; Approximately 395 feet of Interstate 75 frontage
