104 1st St Adel, GA 31620-2302
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.
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
Property description
Physical attributes from public recordsZoning & alternative use
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.