Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    2004 Us Highway 82 Tifton, GA 31793

    Sponsored
    For Sale
    $499,000

    Prime Retail Land: Opportunity Zone, Hwy 82

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    406
    This exceptional 0.47-acre commercial land parcel presents a unique investment opportunity in Tifton, Georgia. Located on the highly trafficked US Highway 82, Tifton's main retail corridor, this property enjoys excellent visibility and accessibility, situated conveniently just off Interstate 75. The parcel is designated as an Opportunity Zone, offering significant tax advantages for qualified investors. Its strategic location is further enhanced by its adjacency to a Lowe's store and a McDonald's restaurant, ensuring high foot traffic and brand recognition. The surrounding area boasts a robust retail landscape, including major national brands such as Walmart Supercenter, Hobby Lobby, Planet Fitness, Starbucks, Chick-fil-A, Panera Bread, and numerous hotels. This prime location offers exceptional potential for a variety of commercial developments, capitalizing on the strong existing retail presence and the benefits of the Opportunity Zone designation. The property's APN is 0047C012 0047C014. The asking price is $499,000. This is a rare chance to acquire a highly desirable commercial land parcel in a thriving Georgia market.

    Property Features for 2004 Us Highway 82

    General Information

    Property type
    Land

    We can help!

    Listing Contact
    Trey DeSantis
    Trey DeSantis

    Learn more

    HighLights

    • High‑visibility location on Tifton's primary retail thoroughfare, US Hwy 82, with convenient I‑75 access.
    • Located within a designated Opportunity Zone.
    • Outparcel adjacent to Lowe's and near McDonald's.
    • Strong retail co‑tenancy including Walmart, Hobby Lobby, Planet Fitness, Starbucks, Chick‑fil‑A, Panera Bread, and multiple hotels.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Wholesale Shop Auto Parts Store Garden Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Tifton
    County
    Tift
    State
    Georgia
    Longitude
    -83.570964
    Latitude
    31.4898959

    Nearby Similar for Sale

    • $599,000
      4,000 SF

      Office-Warehouse Space with Rail Access

      4000 SF office-warehouse on 7.23 acres with rail access.
      3375 Us Highway 41, Tifton, GA 31794
      View Details
    • $795,000
      9,039 SF

      Established Business For Sale

      Established business with growth potential on a 1.23-acre lot.
      1171 S Main St, Tifton, GA 31794
      View Details
    • $549,900
      2,960 SF

      Tifton Commercial Property For Sale

      Commercial property in Tifton, GA, with five office spaces.
      213 Magnolia Dr, Tifton, GA 31794
      View Details
    • $950,000

      Tifton Industrial Property For Sale

      24,077 sq ft industrial property in Tifton, Georgia.
      130 W 2Nd St, Tifton, GA 31794
      View Details
    • $740,000
      5,676 SF

      Tifton Commercial Strip Mall Opportunity

      Well-maintained strip mall with income potential in a growing area.
      107 Magnolia Dr, Tifton, GA 31794
      View Details
    • $109,000

      Tifton Commercial Property For Sale

      Commercial property suitable for car wash and coin laundry use.
      1101 Ferry Lake Rd, Tifton, GA 31794
      View Details
    • $1,769,230
      10,940 SF

      NNN Lease CVS Pharmacy

      NNN lease CVS with drive-thru and corporate guaranty.
      111 8Th St E, Tifton, GA 31794
      View Details
    • $2,500,000
      11,000 SF

      Versatile Office/Flex Space in Tifton

      Office/flex space on 5.36 acres near Hwy 82 and I-75.
      2773 Marshall Dr, Tifton, GA 31793
      View Details
    • $2,468,000

      Retail Property in Tifton, Georgia

      Retail property for sale in Tifton, Georgia.
      4172 Us Highway 319 S, Tifton, GA 31793
      View Details
    • $475,000
      48.44 Acres

      Tifton Farm and Timberland

      48.44 acres of AG zoned land with pond.
      4716 Union Rd, Tifton, GA 31794
      View Details
    • $900,000
      2,465 SF

      Prime Tifton Commercial Property

      High-traffic location, I-75 visibility.
      1015 8Th St, Tifton, GA 31794
      View Details
    • $4,850,000
      1.82 Acres

      Tifton, GA Hotel - $4.85M

      82-Key Hotel, I-75 Access
      196 Virginia Ave, Tifton, GA 31794
      View Details

    FAQs

    What type of property is this?
    Land - Prime Retail Land: Opportunity Zone, Hwy 82
    Where is this land located?
    The property is located at 2004 Us Highway 82 Tifton, GA.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: High-visibility location on Tifton's primary retail thoroughfare, US Hwy 82, with convenient I-75 access.; Located within a designated Opportunity Zone.; Outparcel adjacent to Lowe's and near McDonald's.
    Request Owner's contact information
    2004 Us Highway 82 Tifton, GA 31793
    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.
    2004 Us Highway 82
    Tifton, GA 31793
    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
    2004 Us Highway 82 Tifton, GA 31793
    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

    We can help!
    Listing Contact
    Trey DeSantis
    Trey DeSantis
    Real Estate License ID: FL 3154988
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.