1030 Gordon AveAlbany, GA 31701

Property Details for 1030 Gordon Ave

Year built

1964

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

7.03 AC

Property size (Sq ft)

64,800 SF

Zone code

C3

Property type

Strip malls

Property subtype

Neighborhood centers

APN

000DD/00029/001

APU

000DD00029001

Description

South Slappey Village offers a prime retail opportunity in a thriving shopping center. This multi-tenant strip center totals 99,724 square feet, with 3,088 square feet currently available for lease. The property boasts excellent visibility and accessibility, situated conveniently near South Slappey Blvd (US Hwy 19). A significant advantage is the recent opening of a new Food for Less grocery store, drawing substantial foot traffic and enhancing the overall appeal of the center. This established center provides a strong foundation for new businesses seeking high visibility and a proven customer base. The available space presents a versatile opportunity for a variety of retail uses, benefiting from the existing synergy and established customer flow generated by the anchor tenant. Further details regarding lease terms and specifications are available online. The property's location on a major highway ensures high traffic volume and easy access for customers. This is an exceptional chance to establish a presence in a successful and growing retail environment. Interested parties should visit the provided website for complete information and specifications.

• CAP approach

  CAP return

  Valuation

  6%

  $9,621,368

  6.5%

  $8,881,263

  7%

  $8,246,888

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,608,713

  Geo Method

  $11,608,713

• Alternative Use

  Use

  Valuation

  Residential

  $7,491,678

  Hospitality

  $6,862,336

  Educational

  $5,709,384

  Medical

  $5,905,738

  Retail

  $8,881,263

Location Insight

City

Albany

County

Dougherty

State

Georgia

Latitude

31.5674

Longitude

-84.1749

CBSA code

10500

CBSA name

ALBANY, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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