Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    42 Surrey Plz Hawkinsville, GA 31036-4633
    Property profile & analytics

    42 Surrey Plz, Hawkinsville, GA 31036-4633

    View on Map
    • Community centers
    • 44,135 SF
    • 7.30 lot acres
    Off-Market
    Property ID
    US22-3225139
    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
    $810,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Community centers

    Property Details for 42 Surrey Plz

    Year built
    1992
    Construction
    TYPE NOT SPECIFIED
    Lot size
    7.30 lot acres
    Zone code
    COMMERCIAL
    Property type
    Community centers
    Property subtype
    Shopping centers
    APN
    H0200060005
    APU
    H0200060005

    Description

    Located 45 miles south of Macon, GA, in Hawkinsville, this retail center offers a 7,680 sq ft space for lease within a larger 42,680 sq ft building. The property, known as Surrey Plaza, is a multi-tenant retail center anchored by a Food Lion grocery store. This prime location benefits from high foot traffic due to its proximity to Ace Hardware and a strong tenant mix including national and local businesses such as Diva's Beauty Supply, Snap Fitness, and Domino's. The center enjoys a high customer visit frequency of 9.49, indicating a strong and established customer base. This presents a unique opportunity for businesses seeking high visibility and access to a loyal customer demographic in a vibrant community. The available space is ideal for a variety of retail uses and offers excellent potential for growth and profitability. The property is situated in Pulaski County and provides easy access for customers and employees. This is a turnkey opportunity to establish or expand your business in a thriving retail environment. The existing tenant mix provides a synergistic environment, attracting a diverse range of shoppers. The available space offers significant potential for a business looking to capitalize on the established success of Surrey Plaza.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $810,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Hawkinsville
    County
    Pulaski
    State
    Georgia
    Longitude
    -83.4793
    Latitude
    32.29

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $28,258
    $131,918
    $718,376
    $850,294
    -
    $329,795
    $1,795,939
    $2,125,734

    Comparable in this City

    • Value Estimation by Request
      11,450 SF

      135 Un St

      MINI-MALL
      135 Un St, Hawkinsville, GA 31036
      View Details
    • Value Estimation by Request
      10,588 SF

      8 Cochran Hwy

      WHOLESALE OUTLET, DISCOUNT STORE
      8 Cochran Hwy, Hawkinsville, GA 31036-5621
      View Details
    • Value Estimation
      $785,000
      7,699 SF

      2925 Us Hwy 341st S

      WHOLESALE OUTLET, DISCOUNT STORE
      2925 Us Hwy 341st S, Hawkinsville, GA 31036-9682
      View Details
    • Value Estimation by Request
      5,376 SF

      90 Commerce St

      RESTAURANT
      90 Commerce St, Hawkinsville, GA 31036-8417
      View Details
    • Value Estimation by Request
      2,426 SF

      26 A B Houston St

      AUTO REPAIR, GARAGE
      26 A B Houston St, Hawkinsville, GA 31036
      View Details
    • Value Estimation by Request
      2,400 SF

      92 Broad St

      CONVENIENCE STORE
      92 Broad St, Hawkinsville, GA 31036-4814
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      14,820 SF

      Prime Retail Location on Broad

      High-visibility retail space in Hawkinsville's commercial corridor.
      126 Broad St, Hawkinsville, GA 31036
      View Details
    • Contact for pricing
      1,490 SF

      Commercial Property in Hawkinsville, GA

      Commercial property on a large lot suitable for various businesses.
      131 Jackson St S, Hawkinsville, GA 31036
      View Details
    • $325,000
      5.00 Acres

      Versatile Commercial Lot in Hawkinsville

      5-acre corner lot with residential, commercial, and storage spaces.
      51 Louie Blount Rd, Hawkinsville, GA 31036
      View Details
    • $325,000
      5.00 Acres

      Versatile 5-Acre Corner Lot

      Mixed-use property with residential, commercial, and storage space.
      51 Louie Blount Rd, Hawkinsville, GA 31036
      View Details
    • Contact for pricing
      2,786 SF

      Restaurant and Warehouse in Hawkinsville

      Commercial building with restaurant and warehouse for sale.
      109 Broad St, Hawkinsville, GA 31036
      View Details
    • $325,000

      Restaurant Building with Commissary Potential

      Commercial building with kitchen and additional metal building for sale.
      109 Broad St, Hawkinsville, GA 31036
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    42 Surrey Plz
    Hawkinsville, GA 31036-4633
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    42 Surrey Plz, Hawkinsville, GA, 31036
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!