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    140 Dykes St Cochran, GA 31014

    Sponsored
    For Lease
    $1.00 SF/Yr ($3,406 /Mo)

    Cochran, GA retail space available

    Lot size:
    40,880 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Middle Georgia Plaza, located at 140 W Dykes St in Cochran, GA 31014, presents a compelling investment opportunity. This single-story, 40,880 square foot retail center sits on an expansive 11.26-acre lot and boasts a Class B rating. Built in 1992, the property features 18-foot ceilings and offers multiple suites, with a minimum divisible space of 1,200 square feet and a maximum contiguous space of 29,000 square feet. Currently, 10,380 square feet are vacant, presenting a significant opportunity for expansion or new tenants. The property enjoys high visibility from Dykes Street, with daily traffic counts of 6,993 vehicles, and benefits from ample surface parking (198 spaces), monument signage, and multiple points of ingress/egress. The center is anchored by a grocery store and includes other established tenants such as Pizza Hut, Cricket Wireless, and a gym. Its strategic location in Cochran, 40 miles from Macon, GA, places it near Middle Georgia State University and numerous national retailers including Walmart, O'Reilly Auto Parts, Dollar General, and more. The property's zoning is commercial (APN: A14008), and it is served by Georgia Power. The expansive trade area within a 10-mile radius encompasses approximately 20,117 people with an average household income of $59,708. This property offers a unique blend of established tenancy and significant expansion potential in a thriving community. The property has five total suites. There are no elevators.

    Property Features for 140 Dykes St

    General Information

    Property type
    Specialty properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    40,880 SF
    Class
    B
    Total Rate
    3406.67

    Building Details

    Year Built
    1992
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Ground Lease 15000
    Size
    15,000 SF
    Rate per SF
    $4
    Space
    Ground Lease 20000
    Size
    20,000 SF
    Rate per SF
    $3
    Space
    Ground Lease 10 Acres
    Size
    440,000 SF
    Rate per SF
    $1.00

    HighLights

    • 40,880 SF grocery‑anchored retail center in Cochran, GA.
    • Located on an 11.26‑acre lot with 198 surface parking spaces and monument signage.
    • Features 18' ceilings, divisible suites (min. 1,200 SF, max. 29,000 SF contiguous), and 10,380 SF of vacant space.
    • High visibility on Dykes St (6,993 VPD), near Middle Georgia State University and major retailers (Walmart, O'Reilly, Dollar General).
    • Strong demographics: 20,117 people within a 10‑mile radius, $59,708 average household income.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Cochran
    County
    Bleckley
    State
    Georgia
    Longitude
    -83.3584855
    Latitude
    32.3850654

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    FAQs

    What type of property is this?
    Specialty property - Cochran, GA retail space available
    Where is this specialty property located?
    The property is located at 140 Dykes St Cochran, GA.
    What is the lease rate?
    The lease rate is $1.00-$4 SF/Yr.
    What are key features of this property?
    This property features: 40,880 SF grocery-anchored retail center in Cochran, GA.; Located on an 11.26-acre lot with 198 surface parking spaces and monument signage.; Features 18' ceilings, divisible suites (min. 1,200 SF, max. 29,000 SF contiguous), and 10,380 SF of vacant space.
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    Cochran, GA 31014
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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
    140 Dykes St Cochran, GA 31014
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