Retail Showroom for
2401 N Slappey Blvd Albany, GA 31701
2401 N Slappey Blvd, Albany, GA, 31701
Contact for pricing
For Sale
Contact for pricing
For-sale retail showroom property at 2401 N Slappey Blvd in Albany, GA.
Property Size5,500 SF
Price / SF$163.64
Days on Market142
Property Features for 2401 N Slappey Blvd
General Information
- Standard status
- Active
- Size
- 5,500 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1970
Listing agency
Palomar Real Estate Group
Listed by
Steve Collins · License #GA 317459
Source
Crexi
Added: Mar 2 Updated: Jul 22 at 2:06AM Checked: Jul 22 at 2:06AM
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 Palomar Real Estate Group
Investment Insights
Based on property information with market context.
This for-sale retail showroom property is offered at $900,000 and totals 5,500 square feet. The asset is positioned for a retail-oriented tenant looking for a dedicated showroom-style layout.
The property is located at 2401 N Slappey Blvd in Albany, Georgia. For more information or to schedule a showing, contact the listing team.
The property is located at 2401 N Slappey Blvd in Albany, Georgia. For more information or to schedule a showing, contact the listing team.
Key Highlights
- Retail showroom property at 2401 N Slappey Blvd in Albany, GA
- Built in 1970
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 | $66.0k | $12.00 |
| − Vacancy | −$6.9k | −$1.26 |
| EGI | $59.1k | $10.74 |
| − OpEx | −$17.7k | −$3.22 |
| NOI | $41.3k | $7.52 |
5,500 SF · lease $12.00/SF/yr · vacancy 10.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$590.7K
$516.9K – $689.2K
NOI $41,349 @ 7.0% cap · market cap 4.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.08M
$947.1K – $1.26M
NOI $75,768 @ 7.0% cap · market cap 8.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Copelan Insurance
Insurance Agency
Buddy's Home Furnishings ...
Interior Design
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - For-sale retail showroom property at 2401 N Slappey Blvd in Albany, GA.
Where is this retail space located?
The property is located at 2401 N Slappey Blvd Albany, GA.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Retail showroom property at 2401 N Slappey Blvd in Albany, GA; Built in 1970
