201 4th St, Adel, GA 31620-2731
This remarkable 0.46-acre property at 201 E 4th Street in Adel, Georgia, presents a unique investment opportunity. Built in 1963, this two-story building is a prominent landmark in the heart of downtown Adel, boasting exceptional curb appeal and immediate recognition within the community. Previously utilized as a bank branch and Federal Savings & Loan, its rich history offers a compelling foundation for a variety of exciting ventures. The expansive interior space provides ample room for creative adaptation, making it suitable for a diverse range of commercial uses. Imagine transforming this iconic structure into a vibrant restaurant and bar, a sophisticated professional office building, a modern financial institution, or even a stylish apartment complex. The possibilities are truly limitless, allowing for a personalized vision to breathe new life into this historic gem. The property's prime downtown location ensures high visibility and accessibility, providing a significant advantage for any business seeking to establish a strong presence in Adel. This is a rare chance to acquire a piece of Adel's heritage and shape its future. The asking price is $499,500.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.