Highway 17 Strip Mall
For Sale
$625,000
3754 Us Highway 17 Unit 8, Richmond Hill, GA 31324
Built in 2007 and positioned near I-95 along Highway 17 South.
Property Size2,100 SF
Price / SF$297.62
Days on Market55
Property Features for 3754 Us Highway 17 Unit 8
General Information
Standard status
Active
Size
2,100 SF
Additional Details
Highway Access
Yes
Building Details
Year Built
2007
Listing Agency:
RE/MAX Accent
Listed By:
Shellie S. Weir · License #353884
(912) 667-9067
Source:
Bradberrygarnerrealestate
Added: Aug 26
Changed: Oct 6
Last Checked: Oct 7 at 1:46PM
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 RE/MAX Accent
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Review the available facts, identify missing information and prepare questions for the agent.
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.
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
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
NOI $137,381 @ 7.0% cap · market cap 21.98%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
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
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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
