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    Property profile & analytics
    OFF-MARKET Estimated value $895,000
    Grocery and convenience stores

    140 Dykes St, Cochran, GA 31014-6851

    30,075 SF 13.32 ac lot Built 1992
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US22-3775966
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $690k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.09M
    Blend (final) Blend
    $895k
    Owner & transaction history
    Katare Family LLC · 1 yrs held
    Katare Family LLC
    since 2024
    4 recorded transactions
    2024
    2023
    2020
    $971,250
    2019
    $360,000
    Zoning & alternative use
    COMMERCIAL · Cochran, GA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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