Building Details

Year Built 2007

Listing Agency: RE/MAX Accent

Listed By: Shellie S. Weir · License #353884 Show Phone

Source: Bradberrygarnerrealestate

Added: Aug 26 Changed: Oct 6 Last Checked: Oct 5 at 7:35PM

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Investment Insights

Based on property information with market context.

Unit 8 is part of a strip mall property at 3754 US Highway 17 in Richmond Hill, Georgia. The property was built in 2007, and the plaza is described as having no vacancy.

The site is located along Highway 17 South, just off I-95, providing access to a major regional route. The property is identified as a 2,100-size commercial unit within the plaza and is presented for sale.

Key Highlights

• Unit 8 in a strip mall property
• Built in 2007
• Located on Highway 17 South near I‑95

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$23,839

Cap Rate

3.81%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$476,780 $476.8K

Cap Rate 7%

$340,557 $340.6K

Cap Rate 9%

$264,878 $264.9K

Market Conditions

NOI Build-Up for 2,100 SF

Gross rent

$36.5K $17.40/SF

− Vacancy

−$2.5K −$1.18/SF

EGI

$34.1K $16.22/SF

− OpEx

−$10.2K −$4.87/SF

NOI

$23.8K $11.35/SF

Area

Bryan County, GA

Vacancy

6.80%

Lease Rate

$17.40 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$476,780

Cap Rate 7%

$340,557

Cap Rate 9%

$264,878

Alternative Uses

Best Use

Retail

$340.6K

$298.0K – $397.3K (±1% cap)

NOI $23,839 @ 7.0% cap · market cap 3.81%

Second Best

—

—

no second resolved use

Theoretical Best

Warehouse

$1.96M

$1.72M – $2.29M (±1% cap)

NOI $137,381 @ 7.0% cap · market cap 21.98%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Strip malls

Suggested Use

Top Pick Dental Office Law Firm Building Supply Big Box & Wholesale Store Pharmacy Kitchen & Bath Showroom

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

Lease Details

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

295

Businesses Nearby

Explore this area Business Placement

Demographics for 31324, GA

33,733

Population

12,748

Households

2.6

Avg Household Size

34

Median Age

42%

College-Educated

95%

High-School Grad

129.8 sq mi

ZIP Area

260

Density / Sq Mi

$110,767

Median Household Income

$56,635

Median Earnings

$1,764

Median Rent

$364,200

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this strip malls located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Strip mall - Built in 2007 and positioned near I-95 along Highway 17 South.

Where is this strip mall located?

The property is located at 3754 Us Highway 17 Unit 8 Richmond Hill, GA.

What is the asking price?

The asking price for this property is $625,000.

What are key features of this property?

This property features: Unit 8 in a strip mall property; Built in 2007; Located on Highway 17 South near I‑95