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    3020 Tift Ave Tifton, GA 31794
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    Property profile & analytics

    3020 Tift Ave, Tifton, GA 31794

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    • Commercial real estate
    • 2,344 SF
    Off-Market
    Property ID
    US22-3409014
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Two Biddies / (Bike/Boat/Book/etc) Store

    Property Details for 3020 Tift Ave

    Property type
    Commercial real estate

    Description

    This exceptional commercial property at 3020 Tift Ave, Tifton, Georgia, presents a unique investment opportunity. The 2,344-square-foot building, originally constructed in 1925, has been thoughtfully renovated to create a versatile and appealing commercial space. The property boasts a blend of historic character and modern functionality, making it ideal for a variety of businesses. Large windows and hardwood floors retain the building's original charm, while the flexible layout allows for adaptable office or retail configurations. Multiple rooms offer diverse usage possibilities, catering to various business needs. Situated on a spacious .69-acre lot (30,056.4 square feet), the property provides ample parking and outdoor space, enhancing its appeal and functionality. The property is located in Tifton, Georgia, zip code 31794, in Tift County, offering convenient access to local amenities and transportation routes. The asking price for this remarkable property is $275,000. This is a rare opportunity to acquire a well-maintained, historically significant commercial building with significant potential for growth and profitability. Don't miss out on this chance to own a piece of Tifton's history while enjoying the benefits of a modern, adaptable commercial space.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Tifton
    County
    Tift
    State
    Georgia
    Longitude
    -83.5032239
    Latitude
    31.4826712

    Comparable in this City

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      Established Business For Sale

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      NNN Lease CVS Pharmacy

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    • $450,000
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      Prime Commercial Land Opportunity

      0.66 acre commercial lot in high-traffic Tifton corridor.
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    • $450,000
      0.66 Acres

      Prime Commercial Land in Tifton

      0.66 acre lot with strong frontage on major corridor.
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      0.20 Acres

      Residential Land in Tifton, GA

      Residential land available for building a dream home.
      603 21St St W, Tifton, GA 31794
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    • $350,000
      Pending

      Highway 41 Development Opportunity

      12.92-acre tract ideal for multi-family or investment development.
      2436 N Us Highway 41, Tifton, GA 31794
      View Details

    Similar Nearby for Sale

    • New
      $745,000
      9,039 SF

      Established Business For Sale

      Commercial property with growth potential in Tifton, Georgia.
      1171 S Main St, Tifton, GA 31794
      View Details
    • Contact for pricing
      10,940 SF

      NNN Lease CVS Pharmacy

      NNN lease CVS with drive-thru and corporate guaranty.
      111 W 8Th St, Tifton, GA 31794
      View Details
    • $450,000
      0.66 Acres

      Prime Commercial Land Opportunity

      0.66 acre commercial lot in high-traffic Tifton corridor.
      Tift Ave N, Tifton, GA 31794
      View Details
    • $450,000
      0.66 Acres

      Prime Commercial Land in Tifton

      0.66 acre lot with strong frontage on major corridor.
      Tift Ave N, Tifton, GA 31794
      View Details
    • Contact for pricing
      0.20 Acres

      Residential Land in Tifton, GA

      Residential land available for building a dream home.
      603 21St St W, Tifton, GA 31794
      View Details
    • $350,000
      Pending

      Highway 41 Development Opportunity

      12.92-acre tract ideal for multi-family or investment development.
      2436 N Us Highway 41, Tifton, GA 31794
      View Details

    Similar Nearby for Lease

    • $7,500 /Mo
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      Prime Commercial Lot For Rent

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    • $7,500 /Mo
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      Prime Commercial Lot For Lease

      0.66 acre commercial lot in high-traffic area.
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      1,600 SF

      Tifton Retail Space For Lease

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      7,667 SF

      Retail Spaces at Tifton Mall

      Retail spaces available, move-in ready movie theatre, coffee drive-thru outparcel.
      458 Virginia Ave N, Tifton, GA 31794
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    • Contact for pricing
      1,000 SF

      Publix-Anchored Retail Center Space

      Retail space in a high-traffic, Publix-anchored shopping center.
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      17,400 SF

      Retail Space in Tifton, Georgia

      Retail property available for rent in Tifton, Georgia.
      216 Virginia Ave N, Tifton, GA 31794
      View Details
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    Tifton, GA 31794
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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