Property profile

140 W Dykes St Cochran, GA 31014

FOR SALE
Grocery and convenience stores
Property ID
US22-3775966
30,075 SF 13.32 ac lot Built 1992
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

Middle Georgia Plaza, located at 140 W Dykes St in Cochran, GA 31014, presents a compelling investment opportunity. This single-story, 40,880 square foot retail center sits on an expansive 11.26-acre lot and boasts a Class B rating. Built in 1992, the property features 18-foot ceilings and offers multiple suites, with a minimum divisible space of 1,200 square feet and a maximum contiguous space of 29,000 square feet. Currently, 10,380 square feet are vacant, presenting a significant opportunity for expansion or new tenants. The property enjoys high visibility from Dykes Street, with daily traffic counts of 6,993 vehicles, and benefits from ample surface parking (198 spaces), monument signage, and multiple points of ingress/egress. The center is anchored by a grocery store and includes other established tenants such as Pizza Hut, Cricket Wireless, and a gym. Its strategic location in Cochran, 40 miles from Macon, GA, places it near Middle Georgia State University and numerous national retailers including Walmart, O'Reilly Auto Parts, Dollar General, and more. The property's zoning is commercial (APN: A14008), and it is served by Georgia Power. The expansive trade area within a 10-mile radius encompasses approximately 20,117 people with an average household income of $59,708. This property offers a unique blend of established tenancy and significant expansion potential in a thriving community. The property has five total suites. There are no elevators.

Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1992
Construction TYPE NOT SPECIFIED
Total area 30,075 SF
Lot 13.32 ac (580,219 SF)
Zoning code COMMERCIAL
APN A14 008
UPID US22-3775966

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
  • Grocery & Convenience Store Food Market
  • Gym & Fitness Center
  • Bank Credit Union
  • Mobile Phone Store Electronics & Wireless Store
  • Atm Currency Exchange Service

Location

140 W Dykes St Cochran, GA 31014
Cochran metro Census 790200
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$690k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.09M
Blend (final) Blend
$690k

Owner & transaction history

since 2024
4 recorded transactions
2024
Price N/A
2023
Price N/A
2020
$971,250
2019
$360,000

Zoning & alternative use

COMMERCIAL · Cochran, 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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