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High-Visibility Retail Property
For Sale
$799,900

115-109 115 S Elm St, Adel, GA 31620

Commercial retail property offers multiple parcels and rental income with two currently vacant structures.

Property Size5,033 SF
Price / SF$158.93
Days on Market67

Property Features for 115-109 115 S Elm St

General Information

Standard status Active
Size 5,033 SF

Taxes and HOA fees

Annual Taxes $3,500
Listing Agency: THE HERNDON COMPANY
Listed By: Nathan Smith · License #277279
Source: Exprealty
Added: Jul 1 Changed: Aug 8 Last Checked: Sep 4 at 2:09PM

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 HERNDON COMPANY

Investment Insights

Based on property information with market context.

This high-visibility commercial retail property is being offered for sale as a bundle of four parcels. The sale includes 109 ELM ST (Parcel A003 116), 115 ELM ST (Parcel A003 118), 720 FIFTH ST (Parcel A003 117), and FIFTH ST W (Parcel A002 156). The property features two separate structures that are currently vacant, alongside existing rental income.

The offering is described as being located just 2 blocks from I-75 on Exit #39, on the east side of the interstate.

Reported current rental income is $42,000 per year ($3,500 per month).

Key Highlights

  • High‑visibility commercial property in Adel, GA, just 2 blocks from I‑75 at Exit #39 (east side of the interstate).
  • Sale includes 4 parcels: 109 Elm St (Parcel A003 116), 115 Elm St (Parcel A003 118), 720 Fifth St (Parcel A003 117), and Fifth St W (Parcel A002 156).
  • Current rental income of $42,000 per year ($3,500 per month).

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick HVAC Service Electrical Service Real Estate Agency Locksmith Parking Lot & Garage (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

422
Businesses Nearby

Demographics for 31620, GA

10,822
Population
4,803
Households
2.3
Avg Household Size
39
Median Age
19%
College-Educated
85%
High-School Grad
125.0 sq mi
ZIP Area
87
Density / Sq Mi
$51,375
Median Household Income
$32,401
Median Earnings
$901
Median Rent
$137,600
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Commercial retail property offers multiple parcels and rental income with two currently vacant structures.
Where is this retail space located?
The property is located at 115-109 115 S Elm St Adel, GA.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: High‑visibility commercial property in Adel, GA, just 2 blocks from I‑75 at Exit #39 (east side of the interstate).; Sale includes 4 parcels: 109 Elm St (Parcel A003 116), 115 Elm St (Parcel A003 118), 720 Fifth St (Parcel A003 117), and Fifth St W (Parcel A002 156).; Current rental income of $42,000 per year ($3,500 per month).
More about this property
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