0 Spanish Ct. Lot Albany, GA 31707
This exceptional 0.73-acre commercial lot, located at 0 Spanish Ct., Lot #8 in Albany, Georgia (zip code 31707), presents a unique investment opportunity. Zoned C-2, this property offers flexible usage potential, ideal for fast food establishments or single-tenant applications. Its strategic location near the Albany Mall and numerous national retailers provides excellent visibility and accessibility. The site benefits from its proximity to a planned 150+ acre mixed-use development, potentially including retail, residential, and restaurant components, further enhancing its long-term value. The thriving Albany market, experiencing significant growth with new residential communities and infrastructure improvements, ensures a strong potential for return on investment. With over 100,000 residents within a 20-minute drive, this property offers access to a substantial consumer base. The asking price is $475,000. Dougherty County location provides additional advantages. This is a rare opportunity to acquire a well-positioned commercial lot in a rapidly expanding market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.