Property summary
This exceptional .62-acre property in Albany, Georgia, presents a unique redevelopment opportunity. The main structure is a charming, historic brick building (3,920 sq ft, 1 story) built in 1920 and renovated in 1958, situated on a corner lot at 200 E Broad Ave, 31705, near Albany State University. The property is currently vacant and available for immediate occupancy. The building offers 5,324 square feet of net rentable space and is zoned Commercial 4. With a total of one building and one unit, this property is ideal for a variety of uses, including convenience store, restaurant, or shopping center. The asking price is $160,000, representing a land value of $50 per square foot. The property's Class C designation and vacant status offer a blank canvas for a new venture. The lot size is 0.62 acres. This is a redevelopment investment opportunity with a 0.03% cap rate. Owner financing may be available. The property has no gas pumps and no air rights. Lease options are month-to-month. This is a fee simple estate ownership. The property's historic charm and prime location near Albany State University make it an attractive investment for entrepreneurs seeking a unique and high-visibility location.
Property profile
VerifiedCap rate & NOI
Current use
-
Loan Service
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C3 · Albany, GAZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C3 in Albany, GA.
Registration is required before the official district profile is shown.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight