9701 Ford Ave, Richmond Hill, GA 31324
- Outlet malls
- 45,627 SF
- 12.83 lot acres
Current Use by Public Records
- Shogun Japanese Restaurant / Restaurant
- Happy Wok / Restaurant
- Papa John's Pizza / Restaurant
- Clayton Anderson / Department Store
- Hill on Wheels Bike & Multisport / (Bike/Boat/Book/etc) Store
Property Details for 9701 Ford Ave
- Year built
- 1999
- Construction
- STEEL FRAME
- Lot size
- 12.83 lot acres
- Zone code
- CITY
- Property type
- Outlet malls
- Property subtype
- Shopping centers
- APN
- 053 004 01
- APU
- 5300401
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Nov 14, 2024 | $4,610,000 | Bb&m Investment Properties LLC | Ng Richmond Hill LLC | Warranty Deed | $2.5M · Synovus Bank |
| Mar 2, 2011 | $1,468,000 | Ng Richmond Hill LLC | The Kroger Co | Deed | — |
Description
This exceptional 45,608-square-foot shopping center in Richmond Hill, Georgia, presents a compelling investment opportunity. Boasting a prime location at 9701 Ford Ave, 31324, this single-story, 1999-built Class B property features three national tenants, ensuring 100% occupancy and a strong NOI of $401,307. The property sits on a 12.83-acre lot with ample parking (347 spaces) and benefits from a C2 Commercial zoning designation. The asking price is $4,721,250, representing a compelling $103.52 per square foot and an attractive 8.50% capitalization rate. Situated in Bryan County, within the rapidly growing Savannah MSA, this center enjoys high visibility and traffic counts exceeding 39,000 vehicles per day. Its strategic location near Savannah's bustling port, a major economic driver, further enhances its long-term investment potential. The property's strong fundamentals, coupled with its well-below-replacement-cost pricing and low in-place rents, make it an ideal addition to any portfolio. This is a rare opportunity to acquire a stable, high-performing retail asset in one of Georgia's fastest-growing markets. The property's APN is 053-004-01.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $1,175,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $2,702,000
Market price range: $1.64M - $8.03M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Richmond Hill
- County
- Bryan
- State
- Georgia
- Longitude
- -81.3132
- Latitude
- 31.9531
- CBSA code
- 42340
- CBSA name
- SAVANNAH, GA METROPOLITAN STATISTICAL AREA
