Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    207 Mcpherson St Nashville, GA 31639

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    207 Mcpherson St Nashville, GA 31639

    View on Map
    • Lifestyle centers
    • 20,707 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Lifestyle centers

    Property Details for 207 Mcpherson St

    Property size
    20,707 SF
    Property type
    Lifestyle centers
    Property subtype
    Power centers

    Description

    This exceptional commercial property, Food Lion Plaza, located at 207 E. McPherson St in Nashville, Georgia (31639), offers a diverse range of leasing opportunities within a thriving retail environment. The property encompasses a total of 20,707 square feet, featuring a mix of retail and office spaces, including executive office suites, shop spaces, and even fitness-related options. Currently, there are 9,550 square feet of vacant space available, divisible into units ranging from a minimum of 1,127 square feet to a maximum contiguous space of 5,041 square feet. This flexibility allows for businesses of various sizes to find a suitable space to meet their needs. The property's location in Berrien County provides excellent access to local amenities and a strong customer base. The multiple tenancy structure ensures a vibrant and active atmosphere, creating a positive environment for all occupants. This is an ideal opportunity for businesses seeking high-visibility retail space or efficient executive office suites in a well-established commercial center. The property's diverse offerings and flexible space options make it a highly attractive investment for a variety of commercial enterprises. Contact us today to learn more about the available spaces and to schedule a viewing.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Nashville
    County
    Berrien
    State
    Georgia
    Longitude
    -83.2493
    Latitude
    31.2046

    Comparable in this City

    • Value Estimation by Request
      19,410 SF

      201 Mcpherson Ave

      SHOPPING CENTER, STRIP CENTER • 19,410 SF
      201 Mcpherson Ave, Nashville, GA 31639-2249
      View Details
    • Value Estimation by Request
      6,000 SF

      Nashville, GA 31639

      SHOPPING CENTER, STRIP CENTER • 6,000 SF
      Nashville, GA 31639
      View Details
    • Value Estimation by Request
      2,478 SF

      717 Davis St

      NURSERY, GREENHOUSE, FLORIST • 2,478 SF
      717 Davis St, Nashville, GA 31639-2618
      View Details
    • Value Estimation by Request
      660 SF

      Nashville, GA 31639

      OFFICE (GENERAL) • 660 SF
      Nashville, GA 31639
      View Details
    • Value Estimation by Request
      8,036 SF

      Nashville, GA 31639

      WHOLESALE OUTLET, DISCOUNT STORE • 8,036 SF
      Nashville, GA 31639
      View Details
    • Value Estimation by Request
      3,000 SF

      316 Bartow St

      WHOLESALE OUTLET, DISCOUNT STORE • 3,000 SF
      316 Bartow St, Nashville, GA 31639-2106
      View Details

    Similar Nearby for Sale

    • $795,000
      11,778 SF

      Nashville, GA Commercial Investment Property

      Commercial property for sale in Nashville, GA with income potential.
      713-715 Davis St, Nashville, GA 31639
      View Details
    • $109,900
      2,200 SF

      Versatile Commercial Building for Sale

      Commercial building suitable for various business types, including medical or daycare.
      103 Hall Ave, Nashville, GA 31639
      View Details
    • $109,900
      2,200 SF

      Versatile Commercial Building in Nashville

      Commercial building suitable for various business types, previously medical/daycare.
      103 Hall Ave, Nashville, GA 31639
      View Details
    • $84,900
      798 SF

      Office on Corner Lot

      Office space with high traffic and great location.
      320 Tifton Rd, Nashville, GA 31639
      View Details
    • Contact for pricing
      2,640 SF

      Downtown Nashville Retail Opportunity

      Retail building in downtown Nashville, Georgia, with recent renovations.
      206 South St, Nashville, GA 31639
      View Details
    • New
      $199,900
      Pending

      Nashville Warehouse on High-Traffic Highway

      Commercial warehouse on 1 acre in high-traffic Nashville location.
      7087 Ray City Hwy, Nashville, GA 31639
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail and Office Space Available

      Retail and office spaces for lease in shopping center.
      207 E Mcpherson St, Nashville, GA 31639
      View Details
    • Contact for pricing
      7,500 SF

      Retail Space in Nashville, GA

      Commercial retail property for lease in Nashville, Georgia.
      713 Davis St, Nashville, GA 31639
      View Details
    • Contact for pricing

      Retail and Office Spaces Available

      Retail and office spaces for rent in Nashville, Georgia.
      207 E Mcpherson St, Nashville, GA 31639
      View Details
    Request Owner's contact information
    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.
    207 Mcpherson St
    Nashville, GA 31639
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!