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Five-Unit Neighborhood Shopping Center
For Sale
$550,000

551 Smith, Thomasville, GA 31792

COMMERCIAL - Thomasville, GA

Property Size6,000 SF
Lot Size0.40 Acres
Price / SF$91.67
Days on Market47

Property Features for 551 Smith

General Information

Property type Commercial Sale
Property subtype Other
Zoning C3
Subdivision Thomasville
Standard status Active
Size 6,000 SF
Lot size 0.40 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 726

Building Details

Year built 1985
Number of units 5
Listing Agency: The Province Real Estate Brokerage
Listed By: Ehud Arzi
Added: Jun 26 Changed: Aug 4 Last Checked: Aug 11 at 5:06PM
MLS# 928994

Copyright © 2026 Thomasville Area Board of Realtors. 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.

This for-sale neighborhood shopping center features five commercial retail units within a single property. The offering is presented as fully leased, with all units currently under one-year leases.

The center is located on US Highway 84 (Smith Avenue) and is directly across from the Thomasville Farmers Market, just on the outskirts of downtown Thomasville. The property is zoned C3.

Additional reported figures include annual gross rental income of $56,100 and current rent of $935 per unit, per month, along with 2025 property taxes of $2,437.88. The property is listed at $550,000 and has a reported size of 6,000 square feet on a 0.4-acre lot.

Key Highlights

  • 100% leased five‑unit neighborhood shopping center in Thomasville, GA
  • All five commercial units currently leased on one‑year leases
  • Current rent of $935 per unit per month; annual gross rental income $56,100

Property Analytics

Current Use

Best Janitorial Supplies ... General Contractor ARK Diagnostics Laboratory Laboratory

Suggested Use

Top Pick Auto Repair Shop Parking Lot & Garage Auto Parts Store Storage Facility Grocery & Convenience Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

281
Businesses Nearby
308k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 38% Shops & Services 24% Groceries 17% Home Improvements & Furnishings 15%
Publix Groceries
52,792 visits/mo 0.1 miles
Lowe's Home Improvements & Furnishings
35,655 visits/mo 0.3 miles
Whataburger Dining
35,610 visits/mo 0.4 miles
LongHorn Steakhouse Dining
25,637 visits/mo 0.4 miles
Zaxby's Chicken Fingers & Buffalo Wings Dining
24,391 visits/mo 0.5 miles

Demographics for 31792, GA

24,374
Population
10,875
Households
2.2
Avg Household Size
40
Median Age
25%
College-Educated
88%
High-School Grad
211.4 sq mi
ZIP Area
115
Density / Sq Mi
$49,045
Median Household Income
$36,756
Median Earnings
$1,014
Median Rent
$190,300
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Five retail units are 100% leased in a neighborhood shopping center zoned C3.
Where is this shopping center located?
The property is located at 551 Smith Thomasville, GA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 100% leased five‑unit neighborhood shopping center in Thomasville, GA; All five commercial units currently leased on one‑year leases; Current rent of $935 per unit per month; annual gross rental income $56,100
More about this property
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