Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Bainbridge Commercial Property For Sale Title is generated by Realmo AI

    306 Boulevard Drive, Bainbridge, GA 39819

    View on Map
    Claim this Listing
    For Sale
    $145,000

    COMMERCIAL - Bainbridge, GA

    Property size:
    1,285 SF
    Lot size:
    0.21 Acres
    Price / SF:
    $112/SF
    Added:
    Oct 13, 2025
    Days on Market:
    214
    Last Refresh:
    May 14 at 11:06 pm

    Property Features for 306 Boulevard Drive

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Commercial
    Standard status
    Active
    APN
    B0630021
    Size
    1,285 SF
    Lot size
    0.21 Acres

    Building Details

    Year built
    1950
    Floors in Building
    1
    Number of units
    1

    We can help!

    Listing Contact
    Rollins Miller

    Listing agent Rollins Miller License #262330

    Listing office Premier Group Realty 115 E Water Street, Bainbridge, GA

    Listing date Oct 13, 2025

    MLS# 14314

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

    HighLights

    • Desirable highway commercial zoning
    • Great office location
    • Located in the Shotwell Street corridor
    • Paved parking
    • Built in 1950
    • Coordinates: [-84.62698, 30.807682]

    Overview

    This commercial property is located in Bainbridge, Georgia, and features Highway Commercial zoning. The property is situated in the Shotwell Street corridor and includes paved parking. The property size is 1285 square feet and the lot size is 0.21 acres. This property is suitable for office use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Specialty properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office 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
    Bainbridge
    County
    Decatur
    State
    Georgia
    Longitude
    -84.557929
    Latitude
    30.903422

    Nearby Similar for Sale

    • $635,000
      4,717 SF

      Versatile Commercial Property on 6.9 Acres

      Adaptable commercial property suitable for various uses in Bainbridge, GA.
      2222 Dothan Rd. (6.902 acres), Bainbridge, GA 39817
      View Details
    • $635,000
      4,717 SF

      Versatile Commercial Property on 6.9 Acres

      Adaptable commercial property suitable for various uses in Bainbridge, GA.
      2222 Dothan Rd. (6.902 acres), Bainbridge, GA 39817
      View Details
    • $135,000

      Bainbridge Industrial Facility For Sale

      40' X 100' industrial facility in Bainbridge, Georgia.
      739 Campbell St, Bainbridge, GA 39819
      View Details
    • $219,000
      1,260 SF

      Downtown Bainbridge Commercial Property

      Turnkey commercial property in the heart of downtown Bainbridge, Georgia.
      304 E Water Street, Bainbridge, GA 39817
      View Details
    • $136,000
      1,080 SF

      Equipped Commercial Property on Faceville Highway

      Spacious, fully-equipped commercial property, formerly a salon, ready for new owner.
      1035 Faceville Highway, Bainbridge, GA 39819
      View Details
    • $195,000
      1,312 SF

      Renovated Commercial Building in Bainbridge

      Income-generating commercial building in downtown Bainbridge, GA with expansion potential.
      E 114 Clay Street, Bainbridge, GA 39819
      View Details
    • $280,000
      3,300 SF

      Versatile Bainbridge Property with Income

      Unique property in Bainbridge, GA, with multiple buildings and income potential.
      1019 Zorn Rd, Bainbridge, GA 39817
      View Details
    • $875,000

      Bainbridge Shopping Center For Sale

      Shopping center with leased anchor restaurant and rental units.
      1122 E Shotwell St., Bainbridge, GA 39819
      View Details
    • $600,000
      3,375 SF

      Downtown Bainbridge Retail Opportunity

      2.61 acres in downtown Bainbridge with retail structure.
      400 Planter Street, Bainbridge, GA 39817
      View Details
    • $450,000
      4,320 SF

      Income-Generating Storage Facility with Airbnb

      Turnkey self-storage and Airbnb property in Bainbridge, Georgia.
      115 Spring Creek Road, Bainbridge, GA, USA, Bainbridge, GA 39817
      View Details
    • $199,000
      1,136 SF

      Bainbridge Commercial Building For Sale

      Commercial building with offices, waiting room, kitchen, and bathrooms.
      719 Shotwell St, Bainbridge, GA 39819
      View Details
    • $425,000
      2,357 SF

      2,357 SF Prime Office Building Location in Bainbridge GA For Sale

      Charming 1940s office building with modern potential in Bainbridge, GA.
      334 S Collier St, Bainbridge, GA 39819
      View Details

    FAQs

    What type of property is this?
    Specialty property - Commercial property with Highway Commercial zoning in Bainbridge, Georgia.
    Where is this specialty property located?
    The property is located at 306 Boulevard Drive Bainbridge, GA.
    What is the asking price?
    The asking price for this property is $145,000.
    What are key features of this property?
    This property features: Desirable highway commercial zoning; Great office location; Located in the Shotwell Street corridor
    (229) 220-2704
    We can help!
    Listing Contact
    Rollins Miller
    Real Estate License ID: 262330
    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
    306 Boulevard Drive, Bainbridge, GA 39819
    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!