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Remodeled Corner Retail Warehouse

1600 E Oglethorpe Blvd Albany, GA 31705

New
1600 E Oglethorpe Blvd, Albany, GA, 31705
$799,000
For Sale
Claim this Listing
$799,000

COMMERCIAL - Albany, GA

Property Size8,050 SF
Price / SF$99.25
AddedJul 14
Days on Market2
Last RefreshJul 15 at 3:06 pm

Property Features for 1600 E Oglethorpe Blvd

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
00011
Size
8,050 SF

Taxes and HOA fees

Tax Year
2025
Tax Description
same as in deed bk 4846 and page 245 in DoCo Cthse
Tax Annual Amount
1900

Building Details

Year built
1978
Floors in Building
1
Number of units
1

Listing agent Lisa Davis

Listing office The Brokerage Real Estate Company 101 E Pope St, Sylvester, GA

Listing date Jul 14, 2026

MLS# 169540

Copyright © 2026 Albany Board of Realtors and Southwest Georgia MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This remodeled commercial building offers a flexible combination of open showroom space, multiple retail display areas, office space, and supporting back-of-house amenities. The interior includes three restrooms, an employee break room, storage areas, and a commercial kitchen/preparation area. A flexible warehouse space and loading dock are also included, providing additional utility for operations that need both sales and warehouse functions.

The property is situated on a corner location with frontage on East Oglethorpe Boulevard. It provides direct access to US Highway 19 and the Highway 82 interchange.

The building is positioned to support mixed commercial uses with a functional layout designed for immediate operation or customization.

Key Highlights

  • Completely remodeled in 2023 commercial building on East Oglethorpe Boulevard (8,300 SF)
  • Direct access to US Highway 19 and the Highway 82 interchange from a high‑visibility corner location
  • Open showroom plus multiple retail display areas and office space for flexible tenant or buyer use

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $96.6k $12.00
− Vacancy −$10.1k −$1.26
EGI $86.5k $10.74
− OpEx −$25.9k −$3.22
NOI $60.5k $7.52
8,050 SF · lease $12.00/SF/yr · vacancy 10.50% · expense 30.00%

Alternative Uses

Best Use
Retail
$864.6K
$756.5K – $1.01M (±1% cap)
NOI $60,520 @ 7.0% cap · market cap 7.57%
Second Best
Flex RnD
$642.3K
$562.0K – $749.3K (±1% cap)
NOI $44,960 @ 7.0% cap · market cap 5.63%
Theoretical Best
Office A
$1.58M
$1.39M – $1.85M (±1% cap)
NOI $110,897 @ 7.0% cap · market cap 13.88%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Nolans Hardware and Home ... Building Supply

Suggested Use

Real Estate Agency Law Firm Parking Lot & Garage HVAC Service Building Supply Dental Office Bakery (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Accounting Firm

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

FAQs

What type of property is this?
Flex space - Remodeled commercial building with showroom, retail display areas, office space, loading dock, and warehouse area on a high-visibility corner.
Where is this flex space located?
The property is located at 1600 E Oglethorpe Blvd Albany, GA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Completely remodeled in 2023 commercial building on East Oglethorpe Boulevard (8,300 SF); Direct access to US Highway 19 and the Highway 82 interchange from a high‑visibility corner location; Open showroom plus multiple retail display areas and office space for flexible tenant or buyer use
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