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    2642-2867 Highway 155 Locust Grove, GA 30248

    Sponsored
    For Lease
    Contact for pricing

    Prime Retail Space, Henry County, GA

    Lot size:
    154,700 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail property, The Shoppes at Locust Grove, presents a compelling investment opportunity in the thriving Locust Grove, Georgia market. Located at 2642-2867 Highway 155, this multi-tenant center boasts a total of 154,700 square feet of retail space, currently offering 1,750 square feet of immediately available space for lease. The property sits on a sizable lot ranging from 0.85 to 1.31 acres, providing ample room for expansion or outdoor amenities. Situated in Henry County, this location benefits from excellent visibility and accessibility along Highway 155, ensuring high traffic volume and strong potential for customer engagement. The property is classified as both Retail and Land, offering flexibility for various business types. The multiple tenancy structure provides a diverse and vibrant shopping environment. This is an ideal opportunity for businesses seeking a well-established location with significant foot traffic in a rapidly growing area of Georgia. The available space is ready for immediate occupancy, allowing for a quick start to operations. Don't miss this chance to secure a prime retail space in a highly desirable location. The zip code is 30248.

    Property Features for 2642-2867 Highway 155

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    154,700 SF

    Unit(s) available at that property

    Space
    Outparcel 1
    Size
    0 SF
    Space
    Suite 2686
    Size
    1,750 SF
    Space
    Outparcel 2
    Size
    0 SF

    HighLights

    • Publix‑anchored retail center.
    • 1,750 square feet of available retail space.
    • 0.85‑1.31 acre outparcels available.
    • Located in Locust Grove, Henry County, near Tanger Outlet Center.
    • Highway 155 widening project (I‑75 to Hampton‑Locust Grove) funded for $50 million.
    • Five miles from Atlanta Motor Speedway.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Hair Salon Nail Salon Gym & Fitness Pharmacy Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Locust Grove
    County
    Henry
    State
    Georgia
    Longitude
    -84.1805569
    Latitude
    33.3668415

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    FAQs

    What type of property is this?
    Land - Prime Retail Space, Henry County, GA
    Where is this land located?
    The property is located at 2642-2867 Highway 155 Locust Grove, GA.
    What are key features of this property?
    This property features: Publix-anchored retail center.; 1,750 square feet of available retail space.; 0.85-1.31 acre outparcels available.
    Request Owner's contact information
    2642-2867 Highway 155 Locust Grove, GA 30248
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    Locust Grove, GA 30248
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    Realmo Value Estimation

    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.

    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.

    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
    2642-2867 Highway 155 Locust Grove, GA 30248
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