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

    106 16Th Ave Cordele, GA 31015

    For Sale
    $975,000

    High-potential redevelopment opportunity.

    Property size:
    38,818 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This 38,818 square foot retail shopping center presents a compelling redevelopment opportunity. Located in Cordele, Georgia, at 106, 112 & 116 E 16th Ave and 107 E 17th Ave, this multi-tenant property sits on a two-acre lot with excellent street frontage on 17th Avenue, 7th Street, and 16th Avenue. The asking price is $975,000. The property is currently operating under a modified lease structure. The existing building offers significant potential for repositioning and modernization to meet current market demands. Its prime location in Cordele, Crisp County, Georgia (zip code 31015), offers high visibility and accessibility. The substantial square footage and ample land provide flexibility for a variety of redevelopment scenarios, from complete renovation to adaptive reuse. This is an exceptional chance to acquire a well-situated property with significant upside potential in a growing market. The property's current underperformance presents a unique opportunity for an investor to add value and generate strong returns. Detailed financial information and property specifics are available upon request.

    Property Features for 106 16Th Ave

    General Information

    Property type
    Lifestyle centers
    Square Feet
    38,818 SF
    Lot Size
    87,120 SF

    HighLights

    • Redevelopment opportunity.
    • High‑traffic location with excellent visibility.
    • Strong tenant demand in the area.
    • Zoned for mixed‑use development.
    • Significant upside potential for value appreciation.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Star Gas of Cordele ... Propane Supplier Jamaican Jerk Restaurant Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
    Cordele
    County
    Crisp
    State
    Georgia
    Longitude
    -83.7820231
    Latitude
    31.9632705

    Nearby Similar for Sale

    • $290,000
      7,521 SF

      Multi-Use Office & Warehouse Facility

      Versatile commercial property with office, warehouse, and residential space.
      2116 N Ga 41 Hwy, Cordele, GA 31015
      View Details
    • $285,000

      Multi-Home Investment Property in Cordele

      2.69 acre site with multiple rental homes and potential.
      2298 S Us Highway 41, Cordele, GA 31015
      View Details
    • Contact for pricing
      2,824 SF

      Murphy USA NNN Ground Lease

      Newly constructed Murphy USA with a 20-year absolute NNN lease.
      1305 E 16Th Ave, Cordele, GA 31015
      View Details
    • $15,575,000

      Renovated Apartment Portfolio in Cordele

      Recently renovated 120-unit apartment portfolio in Cordele, Georgia.
      Cordele Portfolio, Cordele, GA 31015
      View Details
    • New
      $135,000
      3,600 SF

      Cordele Commercial Property For Sale

      Versatile 3,600 sq ft commercial space in Cordele, Georgia.
      1003 S 7Th St, Cordele, GA 31015
      View Details
    • $195,000
      1,680 SF

      Medical/Dental Office For Sale

      1,680 SF medical/dental office on 0.53 acres.
      416 E 3Rd Ave, Cordele, GA 31015
      View Details

    FAQs

    What type of property is this?
    Lifestyle center - High-potential redevelopment opportunity.
    Where is this lifestyle center located?
    The property is located at 106 16Th Ave Cordele, GA.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: Redevelopment opportunity.; High-traffic location with excellent visibility.; Strong tenant demand in the area.
    Request Owner's contact information
    106 16Th Ave Cordele, GA 31015
    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.
    106 16Th Ave
    Cordele, GA 31015
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    106 16Th Ave Cordele, GA 31015
    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
    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.