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    Thomasville Commercial Strip Center For Sale Title is generated by Realmo AI

    1102 E Jackson St., Thomasville, GA 31792

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    For Sale
    $1,900,000

    COMMERCIAL - Thomasville, GA

    Property size:
    18,660 SF
    Lot size:
    2.13 Acres
    Price / SF:
    $101/SF
    Added:
    Sep 9, 2025
    Days on Market:
    248
    Last Refresh:
    May 14 at 9:06 pm

    Property Features for 1102 E Jackson St.

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Commercial
    Standard status
    Active
    Size
    18,660 SF
    Lot size
    2.13 Acres

    Taxes and HOA fees

    Tax Year
    2022
    Tax Annual Amount
    3892

    Building Details

    Year built
    1984

    We can help!

    Listing Contact
    Daniel Crocker

    Listing agent Daniel Crocker

    Listing office Crocker Realty 1207 E Jackson St, Thomasville, GA

    Listing date Sep 9, 2025

    MLS# 925950

    Copyright © 2026 Thomasville Area Board 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.

    HighLights

    • 100% Occupancy Strip Center with 11 Tenants (15 Store‑Fronts)
    • 110 Mini‑Storage Units (6 Buildings) providing multiple income streams
    • High Traffic Count and Visibility on Five Lane Jackson Street (15,400 GA DOT Annual Average Daily Traffic)
    • Established Businesses with Long‑Term Tenancy
    • Potential to Increase Cash Flow through Management and Upgrades to Mini‑Storage Units
    • Convenient Location with Easy Access (Center Turn Lane)

    Overview

    This family-owned and operated commercial property in Thomasville, GA, features an 18,660 square foot strip center with 11 tenants occupying 15 storefronts, along with 110 mini-storage units housed in 6 buildings. The strip center maintains 100% occupancy. Situated in a convenient location, the property benefits from high traffic and visibility on five-lane Jackson Street, which includes a center turn lane for easy access. The Georgia Department of Transportation reported an Annual Average Daily Traffic count of 15,400 for 2021. Some businesses have been long-term tenants at this location. The property, built in the 80s and early 90s, sits on a 2.13-acre lot. The property's location on E Jackson St. provides a commercial zoning environment suitable for various business operations. Increasing management and upgrades to the mini-storage units could potentially increase cash flow. The property offers multiple income streams and good depreciation. It is suitable for running a business out of one of the storefronts while managing the rest.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Omg seafood Restaurant Rose City Coin ... (Bike/Boat/Book/etc) Store Hatcher's Seafood Market Specialty Food Shop STAR DUI SCHOOL, ... High School New York Alterations ... (Bike/Boat/Book/etc) Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Thomasville
    County
    Thomas
    State
    Georgia
    Longitude
    -83.9640079
    Latitude
    30.8481199

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    FAQs

    What type of property is this?
    Strip mall - Established strip center with mini-storage units in Thomasville, GA.
    Where is this strip mall located?
    The property is located at 1102 E Jackson St. Thomasville, GA.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: 100% Occupancy Strip Center with 11 Tenants (15 Store‑Fronts); 110 Mini‑Storage Units (6 Buildings) providing multiple income streams; High Traffic Count and Visibility on Five Lane Jackson Street (15,400 GA DOT Annual Average Daily Traffic)
    (229) 403-6297
    We can help!
    Listing Contact
    Daniel Crocker
    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.

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