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    Property profile & analytics

    120 Oak St McRae-Helena, GA 31055

    • Strip malls
    • 7,685 SF
    • 4.42 lot acres
    For Lease
    View listing
    Value Estimation
    $5,380,000
    Last Sale
    Dec 23, 2022
    $5,670,000
    Location Intelligence
    Property ID
    US22-3226240
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Strip malls

    Property Details for 120 Oak St

    Year built
    1961
    Construction
    CONCRETE
    Lot size
    4.42 lot acres
    Property size
    7,685 SF
    Zone code
    RESIDENTIAL
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    MC0400 004
    APU
    MC0400004

    Description

    Telfair Plaza, located at 120 W Oak St, McRae-Helena, GA 31055, presents a compelling investment opportunity in a thriving retail environment. This 12.73-acre property comprises four single-story buildings totaling 125,539 square feet, offering a variety of spaces to suit diverse business needs. Built in 1982 and renovated in 2000, the property features ample parking with 519 spaces. Currently, there are 8,400 square feet of vacant space available, divisible into units as small as 1,200 square feet and with a maximum contiguous space of 7,200 square feet. The property is zoned C3 and benefits from its location in the county seat, experiencing high traffic volume with over 8,000 vehicles passing daily. Telfair Plaza is anchored by Harvey's grocery, a national grocer, and is surrounded by a mix of local and national businesses, creating a vibrant and convenient shopping destination. This established center offers excellent visibility and accessibility, making it an ideal location for a variety of retail businesses. The property's size and configuration provide flexibility for both single and multi-tenant occupancy.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $5,115,000

    • CAP approach

      CAP return
      Estimation
      6%
      $5,205,000
      6.5%
      $5,160,000
      7%
      $5,135,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,920,000
      Geo Method
      $6,295,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $5,070,000
      Retail
      $5,370,000
      Mixed-Use
      $5,040,000
      Hospitality
      $6,485,000
      Educational
      $6,135,000
      Residential Income
      $6,080,000
      Energy
      $5,965,000
      Income-Based Land
      $5,825,000
      Food Service
      $5,340,000

    Location Insight

    • Map
    • Local Demand
    City
    Mc Rae Helena
    County
    Telfair
    State
    Georgia
    Longitude
    -82.9078
    Latitude
    32.0703

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $23,861
    $183,872
    $607,244
    $791,116
    -
    $459,680
    $1,518,111
    $1,977,791

    Comparable in this City

    • Value Estimation
      $315,000
      5,580 SF

      31 Oak St

      WHOLESALE OUTLET, DISCOUNT STORE • 5,580 SF
      31 Oak St, Mc Rae Helena, GA 31055-4336
      View Details
    • Value Estimation
      $715,000
      10,696 SF

      125 Oak St

      WHOLESALE OUTLET, DISCOUNT STORE • 10,696 SF
      125 Oak St, Mc Rae Helena, GA 31055-4334
      View Details
    • Value Estimation
      $325,000
      7,000 SF

      118 Oak St

      WHOLESALE OUTLET, DISCOUNT STORE • 7,000 SF
      118 Oak St, Mc Rae Helena, GA 31055-4338
      View Details
    • Value Estimation by Request
      2,500 SF

      89 Oak St

      CONVENIENCE STORE • 2,500 SF
      89 Oak St, Mc Rae Helena, GA 31055-4336
      View Details
    • Value Estimation by Request
      6,426 SF

      6 3rd Ave

      DRY CLEANER • 6,426 SF
      6 3rd Ave, Mc Rae Helena, GA 31055
      View Details
    • Value Estimation by Request
      1,200 SF

      Willow Crk Dr

      RESTAURANT • 1,200 SF
      Willow Crk Dr, Mc Rae Helena, GA 31055
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      Pending

      Downtown McRae-Helena Commercial Property

      Commercial property in downtown McRae-Helena with high visibility.
      20 W Oak St, Mc Rae, GA 31055
      View Details
    • $295,000
      3,000 SF

      Prime McRae-Helena Auto Shop

      3,000 SF Retail Space - $295K
      57 Oak St, McRae-Helena, GA 31055
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    • $428,328
      79.32 Acres

      Telfair County Vacant Land

      79.32 acres of unrestricted land with timber investment potential.
      Old Prison Camp Rd, Mc Rae, GA 31055
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    • Contact for pricing
      1.50 Acres

      McRae, GA Land For Sale

      Undeveloped 1.5 acre lot in Harmony Lake Estates subdivision.
      126 Pansy Ln, Mc Rae, GA 31055
      View Details
    • $299,000
      51.13 Acres

      51-Acre Tract on Golden Isles Highway

      51.13-acre tract ideal for homesite, hunting, or timber management.
      1701 E Golden Isles Hwy, Mc Rae, GA 31055
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    • New
      Contact for pricing
      0.29 Acres

      Residential Lot in McRae-Helena, GA

      0.29-acre residential lot, ideal for building or investment.
      Bonaire St, Mc Rae, GA 31055
      View Details
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    120 Oak St
    McRae-Helena, GA 31055
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    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
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