410 Columbia AveRincon, GA 31326

  • Retail properties
  • 49,544 SF
For Lease

Property Details for 410 Columbia Ave

Year built
1986
Construction
TYPE NOT SPECIFIED
Lot size
5.20 AC
Property size (Sq ft)
49,544 SF
Zone code
GC
Property type
Retail properties
Property subtype
Strip malls
APN
R2570046
APU
R2570046

Description

Fort Howard Square, a thriving retail center in Effingham County, offers an exceptional opportunity for businesses seeking high-traffic locations. This multi-tenant property boasts a total of 113,652 square feet and currently has at least one retail space available, ranging in size from 1 to 23,275 square feet. The center enjoys a prime location in one of Savannah's fastest-growing submarkets, directly across from a newly constructed Kroger Marketplace, ensuring high visibility and convenient access for customers. Fort Howard Square is anchored by a strong roster of national retailers, including Dollar Tree, Goodwill, Bealls, and Harbor Freight Tools, creating a synergistic environment and attracting a substantial customer base. The center's impressive customer loyalty is evidenced by a remarkable 5.84 visits per person, demonstrating its ability to draw and retain shoppers. This presents a unique chance to establish or expand your business within a successful and well-established retail environment. The available space offers flexibility for various retail concepts, making it an ideal investment opportunity in a dynamic and rapidly developing area. Interested parties should inquire about available space and lease terms.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $15,091,322
    6.5%
    $13,930,451
    7%
    $12,935,419
  • Comparable approach

    Method
    Valuation
    Relative Method
    $11,161,594
    Geo Method
    $8,491,108
  • Alternative Use

    Use
    Valuation
    Residential
    $11,750,857
    Hospitality
    $10,763,722
    Educational
    $8,955,290
    Medical
    $9,263,276
    Retail
    $13,930,451
410 Columbia Ave, Rincon, Georgia

Location Insight

City
Rincon
County
Effingham
State
Georgia
Latitude
32.2778
Longitude
-81.2284
CBSA code
42340
CBSA name
SAVANNAH, 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
$29,290
$357,889
$754,570
$1,112,459
-
$894,722
$1,886,425
$2,781,147

FAQs

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