458 Virginia AveTifton, GA 31794

Property Details for 458 Virginia Ave

Year built

1985

Lot size

21.49 AC

Property size (Sq ft)

37,655 SF

Property type

Retail properties

Property subtype

Retail space

APN

T016-012

APU

T016012

Description

This exceptional retail opportunity is located within the vibrant Tifton Mall in Tifton, Georgia, at 458 Virginia Ave N, zip code 31794. The property offers a total of 220,165 square feet of retail space, with 58,967 square feet currently available for lease. Spaces range from a minimum of 200 square feet to a maximum contiguous space of 21,000 square feet, making it suitable for a variety of retail and restaurant concepts. The mall is a single-story building, renovated in 2018, and boasts a prime location in Tift County. This location benefits from high visibility due to its proximity to I-75. The mall enjoys a strong tenant mix, including T.J. Maxx, Belk, Bealls, Ollie's Bargain Outlet, and Hibbett Sports. A significant advantage is the shared access with a Publix-anchored center, consistently ranking in the 83rd percentile for Georgia, generating an average of 105,000 customers per month. This provides exceptional foot traffic and exposure for potential tenants. The property is ideal for businesses seeking high visibility and access to a large customer base in a thriving retail environment. Multiple tenancy options are available.

• CAP approach

  CAP return

  Valuation

  6%

  $6,874,344

  6.5%

  $6,345,548

  7%

  $5,892,295

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,745,773

  Geo Method

  $6,745,773

• Alternative Use

  Use

  Valuation

  Residential

  $5,352,708

  Hospitality

  $4,903,052

  Educational

  $4,079,281

  Medical

  $4,219,574

  Retail

  $6,345,548

Location Insight

City

Tifton

County

Tift

State

Georgia

Latitude

31.4605

Longitude

-83.5281

CBSA code

45700

CBSA name

TIFTON, GA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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