Entity Owned Property summary
This exceptional retail investment opportunity presents a 29,977 square foot property located at 2406 Westgate Dr, Albany, GA 31707, situated on a 2.6-acre lot. Currently 100% occupied by two corporate tenants, Office Depot and Lade Electric, the property boasts a strong financial profile with a 9.00% cap rate and a net operating income (NOI) of $324,353. The asking price is $3,603,922, translating to $120.22 per square foot. The leases are Net Lease (NN+) with corporate guarantees,… providing significant security. The primary lease with Office Depot has a 25+ year operating history, and a new 10-year lease with U.S. Electrical Services, Inc. was recently executed. Both leases include rent bumps. The property was built in 1997 and underwent renovations in 2024. Lease options of 3 and 5 years are included. This prime retail location benefits from high traffic volume on Dawson Road, serving a population exceeding 70,000 within a 5-mile radius. The property's strong tenant base, long-term leases, and excellent location make it an attractive investment opportunity with significant potential for future returns.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
3 recorded sales · 15 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 29,822 SF
- Lot area
- 3.13 ac
- Year built
- 1997
- Stories
- 1
- APN
- 0000P/00002/01B
- Zoning
- C7
- Assessed value · 2023
- $841,860
- Annual tax · 2023
- $39,222
- Commercial (general)
- Retail Stores · current use
- Auto Repair, Garage
- Neighborhood: Shopping Center
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Ownership
- Owner Contacts
- Location Analytics
- Everything in the Light report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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