Property profile

2826 Meredyth Dr Albany, GA 31707

OFF-MARKET
Grocery and convenience stores
Property ID
US22-3590892
47,877 SF 6.08 ac lot Built 1992
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1.81-acre lot presents a unique investment opportunity in Albany, GA's thriving Northwest Dougherty County. Situated amidst a vibrant mix of medical offices, retail establishments, and professional spaces, this property offers unparalleled visibility and accessibility. Part of a larger 6.01-acre site currently undergoing development, this lot is being sold individually and is build-ready, eliminating the need for extensive site preparation. The entire site is divided into five individual tracts, offering flexibility for various development projects. While the exact dimensions are subject to final survey, this particular lot measures approximately 1.81 acres. The property boasts significant frontage on both Meredyth Drive and Westover Boulevard, benefiting from high traffic volume. According to the Georgia Department of Transportation, Westover Boulevard sees a daily traffic count of 21,000 vehicles. This strategic location, combined with the surrounding commercial activity, makes this lot ideal for a wide range of commercial ventures. An existing building on the site will be demolished prior to sale. This is a rare chance to establish a presence in one of Albany's most promising commercial areas. Contact us today to learn more about this exceptional opportunity.

Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1992
Construction CONCRETE
Total area 47,877 SF
Lot 6.08 ac (264,845 SF)
Zoning code C3
APN 040-2/00000/111
UPID US22-3590892

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2826 Meredyth Dr Albany, GA 31707-0208
Albany metro Census 502 ALBANY, GA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.76M
Blend (final) Blend
$1.09M

Owner & transaction history

since 2025
3 recorded transactions
2025
$740,000
2014
$3.0M
2012
$3.3M

Zoning & alternative use

C3 · Albany, GA
Top alternative use upside
Medical building $4.4M +14.9%
Commercial (general) $4.3M +13.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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