Retail Center with 43-Space
For Sale
Under Contract
$1,600,000
403 S Columbia Avenue, Rincon, GA 31326
SINGLE_FAMILY - Rincon, GA
Property Size8,400 SF
Lot Size0.91 Acres
Price / SF$190.48
Days on Market94
Property Features for 403 S Columbia Avenue
General Information
Property type
Residential
Property subtype
Retail
Zoning
GC
Zoning description
Commercial
Parking
40
Appliances
Electric Water Heater
Directions
Hwy 21 just past Fort Howard Rd on the left.
Standard status
Active Under Contract
APN
R2120-00000-004-A02
Size
8,400 SF
Lot size
0.91 Acres
Taxes and HOA fees
Tax Description
.907 AC
Legal Description
.907 AC
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air, Electric
Water source
Public
Building Details
Year built
2002
Floors in Building
1
Building materials
Brick
Listing Agency:
Keller Williams Coastal Area P · Keller Williams Realty
(912) 356-5001
Listed By:
Pamela S. Chance · License #260812
(912) 429-2715
Added: May 4
Changed: Aug 5
Last Checked: Aug 5 at 7:06PM
MLS# SA355307
Copyright © 2026 Hive 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.
Retail center built in 2002, constructed with brick and totaling 8,400 SF on a 0.91-acre parcel. The property is served by public water and public sewer and includes an electric water heater. Heating is central and electric, with electric and central air cooling.
Located on Hwy 21 in Rincon, Georgia, the center offers ample parking with 43 spaces. Zoning is GC, supporting retail use at this site.
The combination of retail-focused zoning, established build-out, and on-site parking makes this property suited for a tenant seeking a ready retail location on a major corridor in Effingham County.
Located on Hwy 21 in Rincon, Georgia, the center offers ample parking with 43 spaces. Zoning is GC, supporting retail use at this site.
The combination of retail-focused zoning, established build-out, and on-site parking makes this property suited for a tenant seeking a ready retail location on a major corridor in Effingham County.
Key Highlights
- 8,400 SF brick retail center on 0.91‑acre parcel
- 43 on‑site parking spaces
- Hwy 21 frontage location in Rincon, GA
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 | $146.2k | $17.40 |
| − Vacancy | −$9.9k | −$1.18 |
| EGI | $136.2k | $16.22 |
| − OpEx | −$40.9k | −$4.87 |
| NOI | $95.4k | $11.35 |
8,400 SF · lease $17.40/SF/yr · vacancy 6.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.36M
$1.19M – $1.59M
NOI $95,355 @ 7.0% cap · market cap 5.96%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$7.85M
$6.87M – $9.16M
NOI $549,524 @ 7.0% cap · market cap 34.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
426
Businesses Nearby
406k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 32%
Superstores 20%
Home Improvements & Furnishings 16%
Groceries 13%
Walmart
Superstores
80,520 visits/mo
0.3 miles
Kroger
Groceries
52,521 visits/mo
0.2 miles
Lowe's
Home Improvements & Furnishings
37,153 visits/mo
0.3 miles
Chick-fil-A
Dining
34,895 visits/mo
0.2 miles
McDonald's
Dining
24,934 visits/mo
Demographics for 31326, GA
22,449
Population
9,465
Households
2.4
Avg Household Size
37
Median Age
29%
College-Educated
94%
High-School Grad
68.6 sq mi
ZIP Area
327
Density / Sq Mi
$82,196
Median Household Income
$47,234
Median Earnings
$1,141
Median Rent
$244,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail center on Hwy 21 with 43 parking spaces, zoned GC, built in 2002 on public water and sewer.
Where is this retail space located?
The property is located at 403 S Columbia Avenue Rincon, GA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 8,400 SF brick retail center on 0.91‑acre parcel; 43 on‑site parking spaces; Hwy 21 frontage location in Rincon, GA
