1014 Hutchinson Ave Adel, GA 31620-5100
Property profile & analytics
1014 Hutchinson Ave, Adel, GA 31620-5100
- Outlet malls
- 13,596 SF
- 2.00 lot acres
Property ID
US22-3129581
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.
Location Intelligence
Current Use by Public Records
- DG Market / Grocery & Convenience Store / Food Market
- Adel Post Office / Post Office
Property Details for 1014 Hutchinson Ave
- Year built
- 2003
- Construction
- STEEL FRAME
- Lot size
- 2.00 lot acres
- Property type
- Outlet malls
- Property subtype
- Shopping centers
- APN
- 0040G-100
- APU
- 0040G100
Description
This exceptional investment opportunity presents a 16,000-square-foot Dollar General Market situated at 1014 S Hutchinson Ave, Adel, GA 31620. The property boasts a strong 7.22% cap rate, generating a net operating income (NOI) of $72,200 annually. Secured by a corporate guarantee, the net lease (NN) agreement features a 10-year term commencing April 1, 2023, and expiring March 31, 2033, with four (5-year) renewal options, each including a 10% rent increase. The single-tenant building, constructed in 2003, sits on a 2.01-acre lot and offers 79 parking spaces. The property is 100% occupied and benefits from a newly remodeled interior, providing modern amenities to customers. Located in a high-traffic area, the store serves a community with an average household income of $55,000 within a one-mile radius. The property's permitted zoning is GB. This is a low-maintenance, high-return investment with significant long-term potential, offering minimal landlord responsibilities. The asking price is $1,000,000, translating to $62.50 per square foot.
Value Estimations
based on Realmo’s proprietary methodology
-
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,210,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Adel
- County
- Cook
- State
- Georgia
- Longitude
- -83.4193
- Latitude
- 31.123
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
$5,547
$35,022
$133,392
$168,414
-
$87,556
$333,480
$421,036
