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    706 Houston Rd Warner Robins, GA 31093-2197

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    706 Houston Rd Warner Robins, GA 31093-2197


    • Outlet malls
    • 12,000 SF
    • 1.05 lot acres
    Off-Market
    Last Sale Dec 19, 2024
    $1,335,900
    Property ID
    US22-1716410
    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
    $1,335,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Dollar Tree / Discount Store

    Property Details for 706 Houston Rd

    Year built
    1983
    Construction
    STEEL FRAME
    Lot size
    1.05 lot acres
    Property size
    12,000 SF
    Zone code
    C2
    Property type
    Outlet malls
    Property subtype
    Shopping centers
    APN
    0W046A 002000
    APU
    0W046A002000

    Description

    This exceptional investment opportunity presents a fee-simple 12,000 square foot Dollar Tree store in Warner Robins, Georgia. Located at 706 N Houston Rd, this single-tenant property boasts a strong 9.2-year remaining lease term (expiring January 31, 2034), with four 5-year renewal options. The property, built in 2014, sits on a 1.05-acre lot and generates a substantial net operating income (NOI) of $108,000, resulting in an attractive 7.75% cap rate. The asking price is $1,393,548, translating to $116.13 per square foot. The lease is a net lease (NN+), minimizing landlord responsibilities. The property benefits from excellent visibility and accessibility, situated in a high-density area with over 80,886 people within a 5-mile radius and an average household income exceeding $66,888. Dollar Tree, a financially stable company with an investment-grade credit rating, provides significant security and growth potential. This is a rare opportunity to acquire a well-performing retail property with a long-term lease and a strong tenant in a thriving market. The property's financial performance, combined with the tenant's creditworthiness and lease terms, makes this an ideal investment for those seeking stable, long-term returns.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,335,000
      ML approach
      $1,335,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,368,000
      Market price range: $536k - $2.45M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,480,000
      Current use
      AUTO REPAIR, GARAGE
      $1,905,000
      Change: +29% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $1,765,000
      Change: +19% Conversion: Moderate
      MEDICAL BUILDING
      $1,420,000
      Change: -4% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,380,000
      Change: -7% Conversion: Easy
      WAREHOUSE, STORAGE
      $1,250,000
      Change: -15% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    Warner Robins
    County
    Houston
    State
    Georgia
    Longitude
    -83.641
    Latitude
    32.6271
    CBSA code
    47580
    CBSA name
    WARNER ROBINS, GA METROPOLITAN STATISTICAL AREA

    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
    $6,869
    $48,120
    $160,200
    $208,320
    -
    $120,300
    $400,500
    $520,800
    More about this property
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