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    Property profile & analytics

    114 2nd Ave Glenwood, GA 30428-3626

    • Retail space
    • 8,524 SF
    • 0.89 lot acres
    OFF-MARKET
    Value Estimation
    $205,000
    Last Sale
    Sep 26, 2023
    $204,500
    Location Intelligence
    Property ID
    US22-3452225
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Wheeler County Drug Company / Pharmacy

    Property Details for 114 2nd Ave

    Year built
    2012
    Construction
    STEEL FRAME
    Lot size
    0.89 lot acres
    Property size
    8,524 SF
    Property type
    Retail space
    APN
    G004 001
    APU
    G004001

    Description

    This exceptional 8,524-square-foot retail property, located at 114 E Second Ave in Glenwood, Georgia, presents a unique investment opportunity. Built in 2012, the single-story building sits on a 0.89-acre lot and boasts a convenient drive-thru window, ideal for various retail concepts. The property's zoning is classified as "Other," offering flexibility for potential uses. With 20 parking spaces available, customer convenience is ensured. The building's excellent condition and prime in-town location make it highly attractive. Its versatile design makes it suitable for a range of businesses, including, but not limited to, grocery stores, pharmacies, and restaurants. The property's parcel number is G004 001, and ownership is fee simple. The building's single-story design and ample parking provide easy accessibility for both customers and employees. Its central location within Glenwood offers excellent visibility and accessibility, making it an ideal location for a thriving business. The property's versatility and prime location make it a highly desirable investment opportunity in a growing market. Consider the potential for adapting this space into a unique event venue, capitalizing on its size and convenient location.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $205,000

    • CAP approach

      CAP return
      Estimation
      6%
      $195,000
      6.5%
      $205,000
      7%
      $185,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $190,000
      Geo Method
      $215,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $220,000
      Retail
      $220,000
      Mixed-Use
      $170,000
      Hospitality
      $230,000
      Educational
      $200,000
      Residential Income
      $195,000
      Energy
      $190,000
      Income-Based Land
      $200,000
      Food Service
      $170,000

    Location Insight

    • Map
    • Local Demand
    City
    Glenwood
    County
    Wheeler
    State
    Georgia
    Longitude
    -82.6693
    Latitude
    32.1797

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,889
    $10,640
    $159,200
    $169,840
    -
    $26,600
    $398,000
    $424,600

    Comparable in this City

    • Value Estimation by Request
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    • Value Estimation by Request
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      RETAIL STORES (PERSONAL SERVICES) • 6,744 SF
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    • Value Estimation by Request
      780 SF

      Glenwood, GA 30428

      RETAIL STORES (PERSONAL SERVICES) • 780 SF
      Glenwood, GA 30428
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    • Value Estimation by Request
      2,400 SF

      Glenwood, GA 30428

      RETAIL STORES (PERSONAL SERVICES) • 2,400 SF
      Glenwood, GA 30428
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    • Value Estimation by Request
      4,650 SF

      Glenwood, GA 30428

      RETAIL STORES (PERSONAL SERVICES) • 4,650 SF
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    • Value Estimation by Request
      930 SF

      Glenwood, GA 30428

      RETAIL STORES (PERSONAL SERVICES) • 930 SF
      Glenwood, GA 30428
      View Details

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    114 2nd Ave
    Glenwood, GA 30428-3626
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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