Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Highway Frontage Retail Opportunity Title is generated by Realmo AI

    152 E Parrish St, Statesboro, GA 30458

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Retail building with highway frontage and development potential.

    Type:Retail
    Property size:
    1,694 SF
    Lot size:
    4.00 Acres
    Price / SF:
    $191/SF
    Added:
    Mar 3, 2026
    Days on Market:
    70
    Last Refresh:
    Mar 16 at 1:39 pm

    Property Features for 152 E Parrish St

    General Information

    Standard status
    Active
    Size
    1,694 SF
    Lot size
    4.00 Acres
    Property subtype
    Retail

    We can help!

    Listing Contact
    Jason T Williams
    Jason T Williams

    Listing agent Jason T Williams License #255409

    Listing office Plantation Properties & Land Investments, LLC

    Listing date Mar 3, 2026

    Source Crexi

    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 Plantation Properties & Land Investments, LLC

    HighLights

    • Excellent visibility on Highway 301/E. Parrish Street
    • Approximately 4 acres of land
    • Ample road frontage for convenient access
    • Operating 1,694 sq ft building currently used as a bait and tackle shop
    • Parking in front of the building with pull‑through drive
    • Back half of the parcel is wooded, providing additional space

    Overview

    This commercial property, situated along Highway 301/E. Parrish Street, encompasses approximately 4 acres and offers high visibility. A 1,694 square foot building is located at the front of the property. Currently operating as a bait and tackle shop, the building includes one bathroom. The property features ample road frontage, providing convenient access. Parking is available in front of the building, and a pull-through drive circles the structure. The back half of the parcel is wooded, offering additional space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hendrix Sport Shop (Bike/Boat/Book/etc) Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Statesboro
    County
    Bulloch
    State
    Georgia
    Longitude
    -81.775988
    Latitude
    32.458759

    Nearby Similar for Sale

    • $4,700,000
      7,696 SF

      Statesboro Commercial Property Near University

      6-acre commercial property with existing building near Georgia Southern.
      2 Ed Moore Court, Statesboro, GA 30458
      View Details
    • $229,000
      1,815 SF

      Statesboro Multifamily Duplex Investment Opportunity

      Well-maintained duplex with strong rental income potential in Statesboro.
      315 Brannen Street, Statesboro, GA 30458
      View Details
    • $1,900,000
      2,400 SF

      COMMERCIAL - Statesboro, GA

      17187 Highway 67, Statesboro, GA 30458
      View Details
    • $1,200,000
      11,000 SF

      Downtown Statesboro Office Building

      11,000 SF office building in downtown Statesboro.
      115 Savannah Avenue, Statesboro, GA 30458
      View Details
    • $149,000

      Statesboro Townhome Near Forest Heights

      Two-bedroom townhome in Forest Heights area with community pool.
      15 Woodrum Place, Statesboro, GA 30458
      View Details
    • $3,000,000
      17,288 SF

      New Townhomes in Statesboro, GA

      New construction townhomes near Georgia Southern University, ideal for investors.
      93 Briarwood Road, Statesboro, GA 30458
      View Details
    • $270,000

      Statesboro Income-Producing Duplex For Sale

      Tenant-occupied duplex in Statesboro, offering immediate cash flow.
      26 A&B University Place, Statesboro, GA 30460
      View Details
    • $1,200,000
      12,000 SF

      Warehouse with Highway Commercial Zoning

      Warehouse with living suite on 5.38 acres for sale.
      9990 Hwy 67, Statesboro, GA
      View Details
    • $14,200,000
      56,560 SF

      Holiday Inn Express For Sale

      Recently renovated hotel in Statesboro, Georgia, near Georgia Southern University.
      427 S Main St, Statesboro, GA 30458
      View Details
    • $1,652,000
      1,164 SF

      Retail Space For Sale

      Retail space for sale with long-term lease and experienced operator.
      322 S Main St, Statesboro, GA 30458
      View Details
    • $325,000
      2,451 SF

      Historic Statesboro Home with Charm

      Historic home in the heart of Statesboro with multiple options.
      210 S Zetterower AVE, Statesboro, GA 30458
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail building with highway frontage and development potential.
    Where is this retail space located?
    The property is located at 152 E Parrish St Statesboro, GA.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: Excellent visibility on Highway 301/E. Parrish Street; Approximately 4 acres of land; Ample road frontage for convenient access
    (912) 764-5263 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Jason T Williams
    Jason T Williams
    Real Estate License ID: 255409
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    152 E Parrish St, Statesboro, GA 30458
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!