Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    5156 Blue Grass Trl Grovetown, GA 30813

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail space available within a Kroger Marketplace shopping center.

    Property size:
    1,360 SF
    Lot size:
    21.82 Acres

    Property Features for 5156 Blue Grass Trl

    General Information

    Size
    1,360 SF
    Lot size
    21.82 Acres

    We can help!

    Listing Contact
    Rhodes Seeger
    Source: Moodyscre

    Listing Agent: Rhodes Seeger

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Retail Space in Kroger Center

    Located in Grovetown, GA, this retail space is situated within the Kroger Marketplace shopping center. The available space measures 1360 square feet. Please contact for additional information.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

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

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

    Similar Places Nearby

    Coinstar Kiosk | Bitcoin ATM, Gateway

    Location Insight

    • Map
    • Local Demand
    City
    Grovetown
    County
    Columbia
    State
    Georgia
    Longitude
    -82.202995
    Latitude
    33.48964

    Nearby Similar for Lease

    • $17 SF/Yr

      New Flex Building in Grovetown

      Affordable flex space near I-20, suitable for retail, office, storage.
      987 Branch Ct, Grovetown, GA 30813
      View Details
    • $2,900 /Mo
      26,000 SF

      Grovetown Commercial Space Available

      Commercial space in Grovetown, GA, near Fort Gordon.
      784 Horizon Pkwy S, Grovetown, GA 30813
      View Details
    • Contact for pricing
      84,920 SF

      Industrial Parcel with Bottling Facility

      19.73-acre industrial parcel with two buildings for lease.
      6341 Natures Way, Grovetown, GA
      View Details
    • Contact for pricing
      1,000 SF

      Retail Space Near Residential Development

      Retail space suitable for various businesses near residential area.
      501 Oxbow Dr, Grovetown, GA 30813
      View Details
    • $16 SF/Yr
      23,101 SF

      Forrest Plaza Grovetown Retail

      Grovetown retail space: high traffic, diverse tenants.
      5106 Wrightsboro Rd, Grovetown, GA 30813
      View Details
    • Contact for pricing
      16,000 SF

      Retail Space on Wrightsboro Road

      16,000 SF retail space with loading dock available for rent.
      5107 Wrightsboro Rd, Grovetown, GA 30813
      View Details
    • $18 SF/Yr
      24,000 SF

      Grovetown Office Center Investment

      Prime Grovetown office space, high visibility.
      5045 Parham Rd, Grovetown, GA 30813
      View Details
    • $28 SF/Yr
      2,400 SF

      Grovetown Retail Center Opportunity

      Prime Grovetown location, 2 suites available
      5225 Wrightsboro Rd, Grovetown, GA 30813
      View Details
    • Contact for pricing
      1,500 SF

      Retail Space Near Interstate 20

      Retail space adjacent to established businesses, near Interstate 20.
      417 Lewiston Rd, Grovetown, GA 30813
      View Details
    • $16 SF/Yr
      3,752 SF

      Grovetown Office Space for Lease

      Prime Office Space, 1,598 sq ft available
      101 Insperon Dr, Grovetown, GA 30813
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail space available within a Kroger Marketplace shopping center.
    Where is this shopping center located?
    The property is located at 5156 Blue Grass Trl Grovetown, GA.
    What are key features of this property?
    This property features: - Located within the Kroger Marketplace Shopping Center.; - Situated in Grovetown, GA.; - One space remaining.
    (706) 854-6723 Call to check price and availability
    Request Owner's contact information
    5156 Blue Grass Trl Grovetown, GA 30813
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5156 Blue Grass Trl
    Grovetown, GA 30813
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    5156 Blue Grass Trl Grovetown, GA 30813
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Rhodes Seeger
    (706) 854-6723 (706) 722-5565
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!