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Property profile & analytics
OFF-MARKET
Individual retail properties

1108 3rd Ave Albany, GA 31707-3641

1,478 SF 0.45 ac lot Built 1949
Entity Owned 14-yr Hold ~ Est. High Equity
Property ID
US22-2101876
Property summary
AI-generated overview

This exceptional 1,478 square foot commercial property, located at 1108 W Third Ave in Albany, Georgia, presents a fantastic opportunity for a variety of professional businesses. Situated on a 0.44-acre corner lot, this building boasts excellent visibility and accessibility, just off Slappey Drive. The interior features a welcoming reception area, three to four additional rooms ideal for offices, a copy room, or file storage, a full bathroom, and a convenient kitchen. The property has recently undergone exterior repainting, resulting in a fresh and attractive curb appeal. The layout is well-suited for professional office use or similar commercial applications. The building's location and features make it an ideal choice for businesses seeking a prominent and functional space in a desirable Albany location. The asking price is $159,900. This is a turnkey opportunity to establish or expand your business in a highly visible and convenient location. The property's size and layout offer flexibility for various business needs, making it a versatile and attractive investment. Don't miss this chance to secure this well-maintained and strategically located commercial property.

Property profile
Verified
Property type Individual retail properties
Use group BARBER, HAIR SALON
Year built 1949
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 1,478 SF
Lot 0.45 ac (19,602 SF)
Zoning code C1
APN 000GG/00001/010
UPID US22-2101876
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
  • Bam Property Management, Inc. Property Management Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Bam Properties LLC · 14 yrs held
Bam Properties LLC
since 2012
3 recorded transactions
2012
$47,500
2009
$71,000
2005
$59,600
Zoning & alternative use
C1 · Albany, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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