1009 3rd Ave Albany, GA 31701-1707
Located in North Albany, off Slappey Boulevard, this mixed-use property features a blend of historic character and modern functionality. Constructed in 1938, the property includes restored hardwood floors, ornate fireplaces, arched entryways, and custom woodwork. The property is zoned C-3 commercial, making it suitable for various business types and potentially for conversion into a single-family residence. The layout is configured as a 2-bedroom, but was originally a 3-bedroom; a dividing wall could be reinstalled to return it to a 3-bedroom setup. It includes two full bathrooms, a fully equipped kitchen, and a laundry room. Situated on a 1.2-acre lot, the property provides ample parking and includes a separate storage building. Upgrades include a replaced roof and HVAC system.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C5 · Albany, GAAlbany. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.