Technical
Financial
Distress signals
Property profile

104 1st St Adel, GA 31620

OFF-MARKET
Retail space
Property ID
US22-2978253
15,576 SF 1.72 ac lot Built 1964
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property at 104 W 1st Street in Adel, Georgia presents a unique investment opportunity. Boasting a prominent corner location just two minutes from I-75 Exit 39, this 1.72-acre lot offers unparalleled visibility and accessibility. The existing 15,576 square foot retail building provides ample space for a variety of commercial uses, and its well-maintained condition allows for immediate occupancy and customization. The interior is a blank canvas, ready for tenant build-out to suit specific business needs. The property benefits from exceptionally high daily traffic counts exceeding 6,000 vehicles, driven by its proximity to numerous established retail stores and restaurants. The expansive, flat lot presents significant potential for outparcel development, allowing for the addition of complementary businesses to further enhance traffic flow and property value. With over 90 parking spaces, the property can easily accommodate a large customer base. This is an ideal location for businesses seeking high visibility, convenient access, and significant growth potential in a thriving commercial area. The asking price is $799,000.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1964
Total area 15,576 SF
Lot 1.72 ac (74,800 SF)
APN A006-102
UPID US22-2978253

Cap rate & NOI

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

Location

104 1st St Adel, GA 31620-2302
Adel metro Census 960200
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$400k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$370k

Owner & transaction history

since 2022
Last sale
$380,000
1 recorded transaction
2022
$380,000

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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