120 W Oak St, Mc Rae, GA 31055
For Lease
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Telfair Plaza, located at 120 W Oak St, McRae-Helena, GA 31055, presents a compelling investment opportunity in a thriving retail environment. This 12.73-acre property comprises four single-story buildings totaling 125,539 square feet, offering a variety of spaces to suit diverse business needs. Built in 1982 and renovated in 2000, the property features ample parking with 519 spaces. Currently, there are 8,400 square feet of vacant space available, divisible into units as small as 1,200 square feet and with a maximum contiguous space of 7,200 square feet. The property is zoned C3 and benefits from its location in the county seat, experiencing high traffic volume with over 8,000 vehicles passing daily. Telfair Plaza is anchored by Harvey's grocery, a national grocer, and is surrounded by a mix of local and national businesses, creating a vibrant and convenient shopping destination. This established center offers excellent visibility and accessibility, making it an ideal location for a variety of retail businesses. The property's size and configuration provide flexibility for both single and multi-tenant occupancy.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
RESIDENTIAL · Mc Rae Helena, GAMc Rae Helena. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.