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Property profile & analytics
OFF-MARKET
Retail space

104 1st St Adel, GA 31620-2302

15,576 SF 1.72 ac lot Built 1964
Entity Owned 4-yr Hold Free & Clear
Property ID
US22-2978253
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Jay Ma Khodiyar LLC · 4 yrs held
Jay Ma Khodiyar LLC
since 2022
Last sale
$380,000
1 recorded transaction
2022
$380,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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