You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $565,000
Turn key restaurants

2807 Meredyth Dr Albany, GA 31707-2290

8,693 SF 1.71 ac lot Built 2000
Entity Owned 15-yr Hold Free & Clear
Property ID
US22-3741493
Property summary
AI-generated overview

This exceptional commercial property, located at 2807 Meredyth Drive in Albany, Georgia, presents a unique investment opportunity. Situated on a 1.71-acre lot, this 8,738 square foot building boasts a prime location adjacent to Phoebe Putney Meredyth Campus and enjoys close proximity to a variety of amenities including banks, retail shops, professional offices, and restaurants. Originally constructed in 2000, the property has served as a successful restaurant and event venue. The building features a striking exterior of concrete panel and ribbed metal walls, capped with an oval metal roof and supported by a concrete slab foundation. Ample parking is provided with 91 spaces. The property's impressive frontage on Meredyth Drive exceeds 50 feet. Exterior features include a 413 square foot front porch canopy, a rear covered walkway, an east side canopy, and a convenient loading area at dock height. The interior layout is well-designed and includes a main dining area, a raised dining area, a saloon-bar, two customer handicap-accessible restrooms, an office with an adjacent handicap-accessible restroom, employee locker and restroom areas, a large custom kitchen equipped with two building coolers, three smaller private dining rooms, an exterior patio dining area, and a dedicated food storage room. The property is zoned C-2 for commercial use and offers significant potential for a variety of businesses. The electrical room and other essential infrastructure are also included.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2000
Construction STEEL FRAME
Total area 8,693 SF
Lot 1.71 ac (74,488 SF)
Zoning code C2
APN 040-2/00000/38F
UPID US22-3741493
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$380k
CAP Approach CAP
by Request
Comparable Approach Comparable
$745k
Blend (final) Blend
$565k
Owner & transaction history
Phoebe Putney Health System INC · 15 yrs held
Phoebe Putney Health System INC
since 2010
1 recorded transaction
2010
$1.1M
Zoning & alternative use
C2 · Albany, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2807 Meredyth Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message