Property summary
This exceptional investment opportunity presents a 10-unit shopping center ideally situated on a substantial 2.31-acre lot in Baxley, Georgia. The property boasts a prime location with excellent visibility and accessibility, featuring 445 feet of road frontage on Luckie Street and 185 feet on Bay Street. Currently, eight of the ten units are leased, generating a robust monthly income of $12,256, translating to $147,072 annually. This consistent cash flow provides immediate return on investment, while the two vacant units offer significant potential for increased revenue. The total building area encompasses 32,444 square feet, providing ample space for a diverse range of retail tenants. The property's size and location within Baxley make it an attractive proposition for both seasoned investors seeking a stable income stream and newcomers looking to enter the commercial real estate market. The substantial lot size also allows for future expansion or redevelopment possibilities, further enhancing its long-term value. This is a rare chance to acquire a well-established, income-producing property with considerable upside potential. The property is ready for immediate ownership and offers a compelling opportunity for significant financial returns.
Property profile
VerifiedCap rate & NOI
Current use
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Atm
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Take-out & Catering Catering Service
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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