133 Bay St, Baxley, GA 31513-0470
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.
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ATM Atm
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Hutto's Catering Plus Take-out & Catering Catering Service
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
Property description
Physical attributes from public recordsZoning & alternative use
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.