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1030 W Gordon Ave Albany, GA 31701

Strip malls Google Maps
64,800 SF 7.03 ac lot Built 1964
Entity Owned 20-yr Hold Free & Clear
Estimated value (blended)
$1.05M
Range $941k – $1.15M (±10%)
Property ID US22-3233005

Property summary

AI-generated overview

South Slappey Village offers a prime retail opportunity in a thriving shopping center. This multi-tenant strip center totals 99,724 square feet, with 3,088 square feet currently available for lease. The property boasts excellent visibility and accessibility, situated conveniently near South Slappey Blvd (US Hwy 19). A significant advantage is the recent opening of a new Food for Less grocery store, drawing substantial foot traffic and enhancing the overall appeal of the center. This established center provides a strong foundation for new businesses seeking high visibility and a proven customer base. The available space presents a versatile opportunity for a variety of retail uses, benefiting from the existing synergy and established customer flow generated by the anchor tenant. Further details regarding lease terms and specifications are available online. The property's location on a major highway ensures high traffic volume and easy access for customers. This is an exceptional chance to establish a presence in a successful and growing retail environment. Interested parties should visit the provided website for complete information and specifications.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1964
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 64,800 SF
Lot 7.03 ac (306,227 SF)
Zoning code C3
APN 000DD/00029/001
UPID US22-3233005

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
  • (Bike/Boat/Book/etc) Store
  • Dental Office
  • Dental Office
  • Cosmetic Store
  • Dental Office

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.44M
Blend (final) Blend
$1.05M

Owner & transaction history

since 2006
1 recorded transaction
2006
$4.1M

Zoning & alternative use

C3 · Albany, GA

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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