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

    522 N Broad St, Thomasville, GA 31792

    View on Map
    Claim this Listing
    For Sale
    $260,000

    Commercial property for sale with redevelopment potential near downtown.

    Property size:
    6,020 SF
    Price / SF:
    $43/SF
    Added:
    Oct 15, 2025
    Days on Market:
    231
    Last Refresh:
    May 26 at 12:03 am

    Property Features for 522 N Broad St

    General Information

    Standard status
    Active
    Size
    6,020 SF

    We can help!

    Listing Contact
    Sarah Thompson

    Listing agent Sarah Thompson License #3438850

    Listing office Century 21 Avenues Real Estate Partners

    Listing date Oct 15, 2025

    Source Exprealty

    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 Century 21 Avenues Real Estate Partners

    HighLights

    • Prime location minutes from downtown.
    • Great potential for investors or business owners.
    • Solid structure and 'good bones'.
    • Opportunity to transform the space for various uses.
    • Convenient area of Thomasville.
    • Ready for a fresh start and new ideas.

    Overview

    Located minutes from downtown, the property at 522 N Broad Street presents an opportunity for investors or business owners. The building, formerly a dry-cleaning business, offers possibilities for redevelopment. With updates, the property could be transformed into a space suitable for various uses. The location and structure provide a foundation for development in a convenient area of Thomasville. The property has a size of 6020 square feet.
    Location Intelligence

    Current Use by Public Records

    Modern Cleaners & Laundry (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Similar Places Nearby

    • Walden's Flower Shop — 415 N Madison St, Thomasville, GA 31792

    Location Insight

    • Map
    • Local Demand
    City
    Thomasville
    County
    Thomas
    State
    Georgia
    Longitude
    -83.984465
    Latitude
    30.842592

    Nearby Similar for Sale

    • $975,000
      4,637 SF

      Downtown Commercial Building Near Shops

      Commercial building in historic downtown Thomasville, suitable for restaurant.
      228-236 W Jackson, Thomasville, GA 31792
      View Details
    • $299,900
      1,439 SF

      Downtown Thomasville Mixed-Use Opportunity

      DG zoned property suitable for residential, commercial, or mixed-use.
      228 Gordon Ave, Thomasville, GA 31792
      View Details
    • $1,090,000
      4,800 SF

      Downtown Commercial Space Available

      Rare commercial space in downtown Thomasville, suitable for various businesses.
      111 REMINGTON AVE, Thomasville, GA 31792
      View Details
    • $685,000
      2,645 SF

      Mixed-Use Investment in Thomasville, GA

      Income-producing duplex with flexible zoning and value-add potential.
      432 Remington, Thomasville, GA 31792
      View Details
    • $1,200,000
      9,500 SF

      Thomasville Commercial Property with Cross-Dock

      Functional cross-dock terminal on 5 acres, suitable for storage.
      1250 Sunset Drive (5.5 Acres), Thomasville, GA 31792
      View Details
    • $1,175,000
      3,500 SF

      Scenic South Georgia Farm Retreat

      47-acre Thomasville farm with cypress log home.
      2501 Stringer Rd, Thomasville, GA 31792
      View Details
    • $260,000
      6,020 SF

      Thomasville Commercial Property For Sale

      Commercial property with redevelopment potential, located near downtown Thomasville, GA.
      522 N Broad Street, Thomasville, GA 31792
      View Details
    • $1,900,000
      18,660 SF

      Thomasville Commercial Strip Center For Sale

      Established strip center with mini-storage units in Thomasville, GA.
      1102 E Jackson St., Thomasville, GA 31792
      View Details
    • $265,000
      1,909 SF

      Thomasville Car Wash Opportunity

      Self-serve car wash with potential for commercial transformation.
      532 W Jackson, Thomasville, GA 31792
      View Details
    • $260,000
      6,020 SF

      Thomasville Commercial Property on Broad

      Commercial property with potential, located minutes from downtown Thomasville.
      522 N Broad Street, Thomasville, GA 31792
      View Details
    • $1,500,000
      25,210 SF

      Thomasville Commercial Property with Expansion Potential

      Versatile commercial property with warehouse, office space, and expansion potential.
      11763 US Hwy 319, Thomasville, GA 31757
      View Details
    • $275,000
      8,608 SF

      Camellia Estates Mobile Home Park

      Mobile home park in Thomasville, GA with stable cash flow.
      56 Egypt Road, Thomasville, GA 31757
      View Details

    FAQs

    What type of property is this?
    Storefront property - Commercial property for sale with redevelopment potential near downtown.
    Where is this storefront property located?
    The property is located at 522 N Broad St Thomasville, GA.
    What is the asking price?
    The asking price for this property is $260,000.
    What are key features of this property?
    This property features: Prime location minutes from downtown.; Great potential for investors or business owners.; Solid structure and 'good bones'.
    (229) 403-0745
    We can help!
    Listing Contact
    Sarah Thompson
    Real Estate License ID: 3438850
    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
    522 N Broad St, Thomasville, GA
    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!