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Property profile & analytics
OFF-MARKET Estimated value $945,000
Community centers

2509 Plant Ave Waycross, GA 31501-6088

21,344 SF 1.6 ac lot Built 1986
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US22-2562880
Property summary
AI-generated overview

This exceptional investment opportunity presents a thriving 13-space shopping center ideally situated on a busy Waycross, GA highway. The 1.6-acre property boasts 12 established tenants, providing a strong and consistent rental income stream. Detailed rent rolls are available upon request, contingent on providing proof of funds or a bank pre-approval letter. The property has benefited from recent upgrades, including a relatively new roof, a parking lot resurfaced within the last three years, and a recently installed HVAC system. This ensures minimal immediate capital expenditure requirements for the new owner. The center's long-standing popularity and high visibility guarantee continued success. This is a rare chance to acquire a well-maintained, income-producing asset in a desirable location with a proven track record. The property's established tenant base and recent improvements make it an attractive investment for both seasoned and emerging commercial real estate investors. The high traffic count of the highway ensures maximum exposure for all tenants, contributing to the overall profitability of the center. This is a turnkey operation ready for immediate ownership and income generation. Serious inquiries only, please.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1986
Construction STEEL FRAME
Total area 21,344 SF
Lot 1.6 ac (69,696 SF)
Zoning code COMMERCIAL
APN 054A-01-023
UPID US22-2562880
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
Current use
Occupant on record · Public records
  • Crawford's Jewelers (Bike/Boat/Book/etc) Store
  • Vita-Mart Inc (Bike/Boat/Book/etc) Store Pharmacy
  • Smoke City (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.03M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$945k
Owner & transaction history
Radiance Investments LLC · 4 yrs held
Radiance Investments LLC
since 2022
Last sale
$950,000
3 recorded transactions
2022
$950,000
2007
$1.0M
1969
Price N/A
Zoning & alternative use
COMMERCIAL · Waycross, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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