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    OFF-MARKET
    Strip malls

    133 Bay St, Baxley, GA 31513-0470

    11,550 SF 2.31 ac lot Built 1979
    Individually Owned 1-yr Hold Free & Clear
    Property ID
    US22-2496650
    Property summary
    AI-generated overview

    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
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1979
    Construction STEEL FRAME
    Total area 11,550 SF
    Lot 2.31 ac (100,624 SF)
    APN F003-083
    UPID US22-2496650
    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
    • ATM Atm
    • Hutto's Catering Plus Take-out & Catering Catering Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Carolyn Y Hutto · 1 yrs held
    Carolyn Y Hutto
    since 2024
    2 recorded transactions
    2024
    2024
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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