202 Ga-49 Byron, GA 31008
This exceptional 9,500 square foot retail property, located at 202 Hwy 49 in Byron, Georgia, presents a compelling investment opportunity. The property, built in 1986 and renovated in 1992, sits on a 2.17-acre lot and features a single-story building with three units currently operating at 100% occupancy. The property is zoned C-2 and benefits from a prime location at the intersection of Hwy 49 and Hwy 42, approximately one mile from I-75 exit 149. High traffic counts, averaging between 11,000 and 16,000 vehicles daily, ensure excellent visibility and accessibility. The property boasts ample parking with good lighting and existing signage. The anchor tenant, Dollar Tree, has over 12 years remaining on its lease. The property's strategic location is further enhanced by its proximity to several surrounding businesses, including Byron Family Healthcare and Critter Fixers, and its convenient walking distance to four apartment complexes. The interior is largely open, with the exception of rear storage/delivery areas. The seller is open to negotiating build-out options for long-term tenants. This property offers a rare combination of strong existing tenancy, high visibility, and significant growth potential. The asking price is $1,600,000. APN: B01F 045 C.
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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
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.