Technical
Financial
Distress signals
Property profile

102 14th Ave Cordele, GA 31015

OFF-MARKET
Outlet malls
Property ID
US22-3272940
41,478 SF 2.71 ac lot Built 1957
Individually Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

Southgate Plaza, located at 102 E 14th Avenue in Cordele, Georgia (zip code 31015), offers exceptional retail space in Crisp County. This commercial property boasts a total of 38,500 square feet, currently featuring two available suites. Each suite offers a significant amount of space, with a minimum divisible space of 16,000 square feet and a maximum contiguous space of 18,000 square feet. A substantial 34,000 square feet is currently vacant, presenting a unique opportunity for a single large tenant or the division of space between multiple occupants. The property's classification is retail, with a commercial subtype and multiple tenancy. This prime location in downtown Cordele provides excellent visibility and accessibility for businesses seeking a strong presence in the area. The property's coordinates are 31.9649904 latitude and -83.7818986 longitude. This is an exceptional opportunity for businesses seeking a prominent location in a thriving Georgia community. The property is ideal for anchor tenants looking to establish a significant retail presence in Cordele.

Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1957
Construction STEEL FRAME
Total area 41,478 SF
Lot 2.71 ac (118,048 SF)
Zoning code CBD
APN C12-058
UPID US22-3272940

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Insurance Agency
  • Tax Preparation
  • Restaurant
  • Department Store

Location

102 14th Ave Cordele, GA 31015-1453
Cordele metro Census 10300 CORDELE, GA MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$680k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.22M
Blend (final) Blend
$680k

Owner & transaction history

since 2024
2 recorded transactions
2024
Price N/A
2006
$550,000

Zoning & alternative use

CBD · Cordele, GA
Zoning description

The Central Business District is established in order to recognize and protect the present business and commercial uses serving the whole city; to encourage development of this district as the shopping and business cente…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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