Technical
Financial
Distress signals
Property profile

1300 S Madison Ave Douglas, GA 31533

FOR LEASE
Strip malls
Property ID
US22-3124026
90,222 SF 6.95 ac lot Built 1990
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional retail property, Perimeter Place, located at 1300 S Madison Ave in Douglas, Georgia (zip code 31533), offers a significant investment opportunity. The shopping center encompasses a substantial 185,191 square feet of retail space, currently featuring multiple tenants. A prime opportunity exists with approximately 7,450 square feet of vacant space available for lease, ideal for expansion or new business ventures. The property sits on a one-acre lot, providing ample parking and visibility for tenants. Its location in Douglas, GA, offers access to a thriving local market and convenient access to major transportation routes. The "Commercial, Shopping Center" classification ensures a diverse tenant mix and strong potential for rental income. The property's size and layout provide flexibility for a variety of retail uses, making it an attractive option for both established businesses and new enterprises. This is a rare opportunity to acquire a substantial retail space in a desirable location. The property's existing infrastructure and ample space offer significant potential for growth and profitability. Serious inquiries are encouraged to explore this exceptional retail investment opportunity further. Detailed property information and lease terms are available upon request. The property is conveniently located at 31.4915025 latitude and -82.8477391 longitude.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1990
Total area 90,222 SF
Lot 6.95 ac (302,742 SF)
Zoning code DOUG
APN 0117A- -170
UPID US22-3124026

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Home Appliance Store
  • Discount Store
  • Discount Store
  • Home Decor Store Department Store

Location

1300 S Madison Ave Douglas, GA 31533
Douglas metro Census 10801 DOUGLAS, GA MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.11M

Owner & transaction history

Zoning & alternative use

DOUG · Douglas, GA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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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
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