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    Property profile & analytics

    1583 Cherry St Jesup, GA 31545

    • Retail space
    • 10,962 SF
    • 2.54 lot acres
    For Sale
    View listing
    $850,000
    Value Estimation
    Last Sale
    Jun 30, 2025
    $605,000
    Location Intelligence
    Property ID
    US22-3666886
    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.

    Current Use by Public Records

    • Retail space

    Property Details for 1583 Cherry St

    Year built
    2011
    Lot size
    2.54 lot acres
    Property size
    10,962 SF
    Property type
    Retail space
    APN
    99A-26-5
    APU
    99A265

    Description

    This exceptional investment opportunity presents a 10,962 square foot shopping center in Jesup, Georgia. The property sits on a generous 2.54-acre lot and boasts five fully occupied commercial units, generating a substantial monthly income of $5,350. Ample parking is available, ensuring convenient access for tenants and customers alike. The property's strong tenant occupancy guarantees an immediate and consistent cash flow, making it an attractive addition to any real estate portfolio. Annual property taxes are $5,563, and annual insurance premiums are $4,400. This fully operational shopping center is located in a thriving area, offering a stable and profitable investment opportunity. The property's size and location make it ideal for a variety of commercial uses, providing long-term growth potential. This is a turnkey operation, requiring minimal management overhead. The current leases provide a secure income stream, minimizing risk and maximizing return on investment. This property represents a rare chance to acquire a high-performing commercial asset in a desirable location.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Jesup
    County
    Wayne
    State
    Georgia
    Longitude
    -81.9044
    Latitude
    31.6204
    CBSA code
    27700
    CBSA name
    JESUP, 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
    $6,300
    $55,880
    $154,120
    $210,000
    -
    $139,700
    $385,300
    $525,000

    Comparable in this City

    • Value Estimation by Request
      1,120 SF

      1447 Lanes Brg Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,120 SF
      1447 Lanes Brg Rd, Jesup, GA 31545-7853
      View Details
    • Value Estimation by Request
      2,700 SF

      211 Plum St

      RETAIL STORES (PERSONAL SERVICES) • 2,700 SF
      211 Plum St, Jesup, GA 31545-1108
      View Details
    • Value Estimation by Request
      2,080 SF

      177 Cherry St

      RETAIL STORES (PERSONAL SERVICES) • 2,080 SF
      177 Cherry St, Jesup, GA 31545-1316
      View Details
    • Value Estimation by Request
      1,300 SF

      170 Macon St

      RETAIL STORES (PERSONAL SERVICES) • 1,300 SF
      170 Macon St, Jesup, GA 31545-1319
      View Details
    • Value Estimation by Request
      2,080 SF

      176 178th N Macon St

      RETAIL STORES (PERSONAL SERVICES) • 2,080 SF
      176 178th N Macon St, Jesup, GA 31545
      View Details
    • Value Estimation
      $220,000
      1,872 SF

      946 Sunset Blvd

      RETAIL STORES (PERSONAL SERVICES) • 1,872 SF
      946 Sunset Blvd, Jesup, GA 31545-0029
      View Details

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    1583 Cherry St
    Jesup, GA 31545
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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