1703 Broad AveAlbany, GA 31705

Property Details for 1703 Broad Ave

Year built

1930

Construction

WOOD

Lot size

0.22 AC

Property size (Sq ft)

1,500 SF

Zone code

C1

Property type

Retail properties

Property subtype

Other retail properties

APN

000II/00005/012

APU

000II00005012

Description

This exceptional 9,583 square foot commercial lot is situated on a prominent corner of East Broad Avenue in Albany, Georgia, offering unparalleled visibility and accessibility. Located in a high-traffic area, this property benefits from its position on a busy two-lane city street with convenient access to public transportation and the bypass. Its strategic location places it just a block away from a newly constructed Pilot station and Jack's restaurant, ensuring high foot traffic and potential customer base. While the existing building on the site is not currently functional, this presents a unique opportunity for redevelopment or new construction tailored to a variety of commercial uses. The property's history as a successful produce stand speaks to its inherent commercial viability. The asking price for this prime commercial land is $22,500. This is an ideal location for entrepreneurs seeking a high-visibility site with established nearby amenities in a thriving area of Albany. The property is zoned for commercial use (verification recommended). The lot size provides ample space for development, making it a highly attractive investment opportunity. Don't miss this chance to secure a prime commercial location in a rapidly growing area.

• CAP approach

  CAP return

  Valuation

  6%

  $222,717

  6.5%

  $205,585

  7%

  $190,900

• Comparable approach

  Method

  Valuation

  Relative Method

  $268,720

  Geo Method

  $268,720

• Alternative Use

  Use

  Valuation

  Residential

  $173,418

  Hospitality

  $158,850

  Educational

  $132,162

  Medical

  $136,707

  Retail

  $205,585

Location Insight

City

Albany

County

Dougherty

State

Georgia

Latitude

31.5759

Longitude

-84.1062

CBSA code

10500

CBSA name

ALBANY, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].