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Property profile & analytics
FOR LEASE
Outlet malls

518 W Ogeechee St Sylvania, GA 30467

21,250 SF 1.92 ac lot Built 1987
Entity Owned 4-yr Hold Free & Clear
Property ID
US22-3590310
Property summary
AI-generated overview

This exceptional retail opportunity presents a 21,250 square foot free-standing commercial building located at 518 W Ogeechee Street in Sylvania, Georgia, 30467. Currently, 10,016 square feet of space is available for lease. The building is situated on a 1.92-acre lot and benefits from its location just north of the intersection of Pine Street (US Hwy 41) and I-75, providing exceptional visibility and accessibility. This property is adjacent to a Piggly Wiggly anchored shopping center, ensuring high foot traffic and a strong retail environment. The building itself is a former Family Dollar store, constructed of masonry and metal, and sits on a 0.87+/- acre lot. It is zoned for Highway Commercial use and boasts a daily vehicle count of over 4,026 on US Highway 41. The property's Parcel ID is U16 24A and is conveniently located within an Opportunity Zone. Owners are willing to subdivide the building to accommodate tenant needs. This is a rare opportunity to secure a prominent retail location in a thriving area.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1987
Construction STEEL FRAME
Total area 21,250 SF
Lot 1.92 ac (83,635 SF)
Zoning code 2
APN S06 024
UPID US22-3590310
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
$480k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.08M
Blend (final) Blend
$780k
Owner & transaction history
Bmg Yeild Fund 2020 LLC · 4 yrs held
Bmg Yeild Fund 2020 LLC
since 2021
2 recorded transactions
2021
Price N/A
2005
$610,000
Zoning & alternative use
2 · Sylvania, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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