You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR SALE
Strip malls

106 16Th Ave E Cordele, GA 31015

4,736 SF 0.43 ac lot Built 1970
Entity Owned Absentee Owner Free & Clear
Property ID
US22-2995068
Property summary
AI-generated overview

This 38,818 square foot retail shopping center presents a compelling redevelopment opportunity. Located in Cordele, Georgia, at 106, 112 & 116 E 16th Ave and 107 E 17th Ave, this multi-tenant property sits on a two-acre lot with excellent street frontage on 17th Avenue, 7th Street, and 16th Avenue. The asking price is $975,000. The property is currently operating under a modified lease structure. The existing building offers significant potential for repositioning and modernization to meet current market demands. Its prime location in Cordele, Crisp County, Georgia (zip code 31015), offers high visibility and accessibility. The substantial square footage and ample land provide flexibility for a variety of redevelopment scenarios, from complete renovation to adaptive reuse. This is an exceptional chance to acquire a well-situated property with significant upside potential in a growing market. The property's current underperformance presents a unique opportunity for an investor to add value and generate strong returns. Detailed financial information and property specifics are available upon request.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1970
Total area 4,736 SF
Lot 0.43 ac (18,731 SF)
Zoning code RESIDENTIAL
APN C12-137
UPID US22-2995068
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
Current use
Occupant on record · Public records
  • Star Gas of Cordele Inc Propane Supplier Gas And Automotive
  • Jamaican Jerk Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
TURTONS MANAGEMENT CORP
TURTONS MANAGEMENT CORP
Zoning & alternative use
RESIDENTIAL · Cordele, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Community Development
Try Rey
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
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message