1442 Tift N Ave Tifton, GA 31794-3545
Property profile & analytics
1442 Tift N Ave Tifton, GA 31794-3545
- Outlet malls
- 16,120 SF
- 2.30 lot acres
Property ID
US22-3418169
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- higi / Physician
Property Details for 1442 Tift N Ave
- Year built
- 2002
- Construction
- STEEL FRAME
- Lot size
- 2.30 lot acres
- Property size
- 16,120 SF
- Property type
- Outlet malls
- Property subtype
- Shopping centers
- APN
- T054-001B
- APU
- T054001B
Description
This exceptional investment opportunity presents a 16,000 square foot retail property in Tifton, Georgia, currently occupied by Dollar General and Dollar Tree under a new 10.1-year Net Net Net (NNN) lease commencing August 21, 2024, and expiring September 30, 2034. The property boasts a strong 7.60% cap rate and a substantial net operating income (NOI) of $152,000. The asking price is $1,999,000, translating to a price per square foot of $124.94. The lease includes a corporate guarantee from Dollar Tree Stores, Inc., mitigating risk and ensuring consistent income. Built in 2002 and extensively renovated in 2024, the property features brand new HVAC units and a roof with a 20-year warranty, along with a newly sealed and striped parking lot. Situated on a 2.3-acre lot at 1442 Tift Ave N, Tifton, GA 31794, this location benefits from high visibility and proximity to other major retailers such as CVS, Walmart Neighborhood Market, and McDonald's. The lease includes rent bumps of $0.50 per square foot in the option periods. The property enjoys 100% occupancy with an occupancy date of September 24, 2024. This is a turnkey investment with a long-term lease and significant upside potential. The strong demographics of the area, with a population exceeding 30,000 within a 5-mile radius, further enhance the investment's attractiveness.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $900,000
- ML approach
- $900,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,345,000
- AI Estimate
- $1,803,000
Market price range: $895k - $1.99MMarket price range: $693k - $2.46M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,130,000 Current use
- COMMERCIAL (GENERAL)
- $2,280,000 Change: +102% Conversion: Easy
- OFFICE BUILDING
- $1,385,000 Change: +23% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Tifton
- County
- Tift
- State
- Georgia
- Longitude
- -83.5035
- Latitude
- 31.4674
- CBSA code
- 45700
- CBSA name
- TIFTON, GA MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$11,188
$101,229
$196,119
$297,348
-
$253,073
$490,298
$743,371
