Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    708 Main St Vidalia, GA 30474-4100

    • Grocery and convenience stores
    • 2,080 SF
    • 0.13 lot acres
    OFF-MARKET
    Last Sale
    Feb 20, 2025
    Value Estimations
    $290,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-3159930
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 708 Main St

    Year built
    1968
    Construction
    WOOD
    Lot size
    0.13 lot acres
    Property size
    2,080 SF
    Zone code
    COMMERCIAL
    Property type
    Grocery and convenience stores
    APN
    V18-154
    APU
    V18154

    Description

    This exceptional executive office space, located at 708 NE Main St in Vidalia, Georgia, presents a compelling investment opportunity. The property boasts a generous 2,808 square feet of well-appointed office space, ideal for a variety of businesses. Situated on a 0.13-acre lot, the building offers ample space for both internal operations and potential external expansion. The asking price is $49,000, translating to a price per square foot of $33.17. This represents a strong value proposition in the Vidalia commercial real estate market. The property's classification includes both retail and office uses, offering flexibility for potential tenants or owners. The property's address is 708 NE Main St, Vidalia, GA 30474. Its convenient location within Toombs County provides easy access to local amenities and transportation networks. This turnkey solution is perfect for an established business seeking to upgrade its facilities or a new venture looking for a ready-to-occupy space. The property's size and location make it an attractive option for businesses seeking a prominent presence in the Vidalia area. Serious inquiries are encouraged to explore this promising investment opportunity further. The property is currently listed for sale.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $295,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $197,000
      Market price range: $198k - $293k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Vidalia
    County
    Toombs
    State
    Georgia
    Longitude
    -82.4037
    Latitude
    32.2156
    CBSA code
    47080
    CBSA name
    VIDALIA, GA MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,438
    $3,627
    $47,620
    $51,247
    -
    $9,067
    $119,051
    $128,118

    Comparable in this City

    • Value Estimation
      $360,000
      3,640 SF

      5357 Ga Hwy 15

      CONVENIENCE STORE • 3,640 SF
      5357 Ga Hwy 15, Vidalia, GA 30474-7029
      View Details
    • Value Estimation by Request
      2,825 SF

      732 Ga Hwy 292

      CONVENIENCE STORE • 2,825 SF
      732 Ga Hwy 292, Vidalia, GA 30474-5622
      View Details
    • Value Estimation
      $340,000
      3,600 SF

      400-402 Mcintosh St

      CONVENIENCE STORE • 3,600 SF
      400-402 Mcintosh St, Vidalia, GA 30474
      View Details
    • Value Estimation
      $335,000
      2,816 SF

      701 Orange St

      CONVENIENCE STORE • 2,816 SF
      701 Orange St, Vidalia, GA 30474-3517
      View Details
    • Value Estimation
      $340,000
      4,264 SF

      403-405 1st St

      CONVENIENCE STORE • 4,264 SF
      403-405 1st St, Vidalia, GA 30474
      View Details
    • Value Estimation
      $410,000
      4,692 SF

      600 1st St

      CONVENIENCE STORE • 4,692 SF
      600 1st St, Vidalia, GA 30474-3312
      View Details

    Similar Nearby for Sale

    • $375,000
      2,700 SF

      Charming Commercial Building in Vidalia

      Charming commercial building with high visibility and ample parking.
      300 Durden St, Vidalia, GA 30474
      View Details
    • $350,000
      6,750 SF

      Versatile Commercial Building, Vidalia, GA

      Multi-unit commercial building with diverse potential in Vidalia, Georgia.
      303-306 Mcintosh St, Vidalia, GA 30474
      View Details
    • $315,000
      4,320 SF

      Vidalia Commercial Property For Sale

      Well-maintained commercial property in Vidalia with income potential.
      802 Mcintosh St, Vidalia, GA 30474
      View Details
    • $650,000
      5,856 SF

      Historic Downtown Vidalia Commercial Buildings

      Two commercial buildings in downtown Vidalia with historic character.
      100/104 SW Main St, Vidalia, GA 30474
      View Details
    • New
      $174,500
      1,680 SF

      Versatile Commercial Building in Vidalia

      Commercial building with retail space and potential for loft apartments.
      121 SE Main St, Vidalia, GA 30474
      View Details
    • New
      $174,500
      1,680 SF

      Versatile Commercial Building in Vidalia

      Commercial building in historic downtown Vidalia with income-generating potential.
      121 SE Main St, Vidalia, GA 30474
      View Details

    Similar Nearby for Lease

    • $82 SF/Yr
      800 SF

      Vidalia Retail Space - 800 SF

      Prime Vidalia retail space, ideal for lease.
      907 1St St, Vidalia, GA 30474
      View Details
    • $11 SF/Yr
      5,750 SF

      Brice Square Retail Center

      Vidalia, GA Shopping Center - 5,750 SF Available
      2317 1St St, Vidalia, GA 30474
      View Details
    • $6 SF/Yr
      5,685 SF

      Prime Vidalia Executive Office Space

      5,685 SF Office, Toombs County, GA
      103 1St St, Vidalia, GA 30474
      View Details
    • $5 SF/Yr
      8,850 SF

      Prime Vidalia Executive Office Space

      8,850 SF Office, Toombs County, GA
      125 Church St, Vidalia, GA 30474
      View Details
    Request Owner's contact information
    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.
    708 Main St
    Vidalia, GA 30474-4100
    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
    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

    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.