Property summary
This exceptional investment opportunity encompasses a thriving 1,872 square foot strip retail center situated on a 1.48-acre lot in Rex, Georgia. The property boasts a prime location with 231 feet of frontage on Highway 42, ensuring high visibility and accessibility. Currently, the center houses a tire shop and a restaurant, complemented by a highly visible billboard. The substantial lot size presents significant development potential for additional retail spaces or other commercial buildings. The property is zoned General Business (GB), offering flexibility for various commercial uses. While a gas station addition is possible, it would require a conditional use permit (CUP). Ample parking is available for customers and employees. All essential utilities, including sewer, are readily accessible. This property offers a unique blend of established income-generating businesses and significant expansion opportunities, making it an attractive investment for savvy commercial developers or investors seeking a strong return. The combination of existing tenants and the potential for future development makes this a truly compelling opportunity in a high-traffic location.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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