Storefront
For Sale
Contact for pricing
723 Slappey Blvd N, Albany, GA 31707
Existing commercial storefront building along Slappey Boulevard in Albany.
Property Size3,815 SF
Price / SF$92
Days on Market139
Property Features for 723 Slappey Blvd N
General Information
Standard status
Active
Size
3,815 SF
Property subtype
Business for Sale
Building Details
Year Built
1983
Stories
2
Units
2
Listing Agency:
CROWNING POINT ENTERPRISE, LLC
Listed By:
Jamal Reynolds · License #340223
Source:
Crexi
Added: May 31
Changed: Oct 6
Last Checked: Oct 14 at 7:55PM
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 CROWNING POINT ENTERPRISE, LLC
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Investment Insights
Based on property information with market context.
This storefront property comprises a 3,815-square-foot commercial building constructed in 1983. The asset is located at 723 Slappey Blvd N in Albany, Georgia 31707.
Key Highlights
- 3,815‑square‑foot commercial building
- Constructed in 1983
- Located at 723 Slappey Blvd N, Albany, GA 31707
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,681
Cap Rate
8.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$573,620
$573.6K
Cap Rate 7%
$409,729
$409.7K
Cap Rate 9%
$318,678
$318.7K
Market Conditions
NOI Build-Up for 3,815 SF
Gross rent
$45.8K $12.00/SF
− Vacancy
−$4.8K −$1.26/SF
EGI
$41.0K $10.74/SF
− OpEx
−$12.3K −$3.22/SF
NOI
$28.7K $7.52/SF
Area
Dougherty County, GA
Vacancy
10.50%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$573,620
Cap Rate 7%
$409,729
Cap Rate 9%
$318,678
Alternative Uses
Best Use
Retail
$409.7K
$358.5K – $478.0K
NOI $28,681 @ 7.0% cap · market cap 8.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$750.8K
$656.9K – $875.9K
NOI $52,555 @ 7.0% cap · market cap 14.97%
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
Location Intelligence
Trade Area within ½ mile
706
Businesses Nearby
126k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 70%
Shops & Services 23%
Office Supplies 6%
Zaxby's Chicken Fingers & Buffalo Wings
Dining
20,441 visits/mo
0.2 miles
Dollar Tree
Shops & Services
17,588 visits/mo
0.2 miles
Krispy Kreme Doughnuts
Dining
16,600 visits/mo
0.3 miles
Cook Out
Dining
16,124 visits/mo
0.1 miles
Wendy's
Dining
15,816 visits/mo
0.3 miles
Demographics for 31707, GA
24,623
Population
12,652
Households
1.9
Avg Household Size
38
Median Age
27%
College-Educated
88%
High-School Grad
18.4 sq mi
ZIP Area
1,338
Density / Sq Mi
$49,179
Median Household Income
$37,878
Median Earnings
$934
Median Rent
$131,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- The Flower Gazebo — 702 4th Ave, Albany, GA 31701
Frequently Asked Questions
What type of property is this?
Storefront property - Existing commercial storefront building along Slappey Boulevard in Albany.
Where is this storefront property located?
The property is located at 723 Slappey Blvd N Albany, GA.
What is the asking price?
The asking price for this property is $350,999.
What are key features of this property?
This property features: 3,815‑square‑foot commercial building; Constructed in 1983; Located at 723 Slappey Blvd N, Albany, GA 31707
