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Property profile & analytics
OFF-MARKET
Retail space

114 2nd Ave Glenwood, GA 30428-3626

8,524 SF 0.89 ac lot Built 2012
Entity Owned 2-yr Hold Free & Clear
Property ID
US22-3452225
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2012
Construction STEEL FRAME
Total area 8,524 SF
Lot 0.89 ac (38,768 SF)
APN G004 001
UPID US22-3452225
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
  • Wheeler County Drug Company Pharmacy
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
Govinda Real Estate LLC · 2 yrs held
Govinda Real Estate LLC
since 2023
Last sale
$204,500
2 recorded transactions
2023
$204,500
2015
$1.2M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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