Retail Shopping
For Sale
$625,000
8-3754 Us Highway 17, Richmond Hill, GA 31324
Positioned just off I-95 with access from Highway 17 South.
Property Size2,100 SF
Price / SF$297.62
Days on Market72
Property Features for 8-3754 Us Highway 17
General Information
Standard status
Active
Size
2,100 SF
Site & Location
Highway Access
Yes
Road Access
Yes
Listing Agency:
RE/MAX Accent
(912) 756-5888
Listed By:
Shellie S. Weir · License #353884
(912) 667-9067
Source:
Exprealty
Added: Jul 28
Changed: Sep 5
Last Checked: Oct 5 at 11:10PM
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
Investment Insights
Based on property information with market context.
This shopping center is offered for sale with an existing retail configuration and a reported property size of 2,100. The plaza is described as having no vacancy, supporting continued rental income for an owner seeking an operating commercial property.
Located at 8-3754 US Highway 17 in Richmond Hill, Georgia, the property sits just off I-95 along Highway 17 South. Its existing improvements provide an alternative to developing a new retail site and navigating the associated permitting process.
Located at 8-3754 US Highway 17 in Richmond Hill, Georgia, the property sits just off I-95 along Highway 17 South. Its existing improvements provide an alternative to developing a new retail site and navigating the associated permitting process.
Key Highlights
- Shopping center offered for sale
- Reported property size of 2,100
- No vacancy reported for the plaza
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.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
9
Businesses Nearby
Well-served
Demand for This Use
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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Shopping center - Positioned just off I-95 with access from Highway 17 South.
Where is this shopping center located?
The property is located at 8-3754 Us Highway 17 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: Shopping center offered for sale; Reported property size of 2,100; No vacancy reported for the plaza
