153 Slappey BlvdAlbany, GA 31701

Property Details for 153 Slappey Blvd

Year built

1954

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.97 AC

Property size (Sq ft)

6,180 SF

Zone code

C2

Property type

Office properties

Property subtype

Office buildings

APN

000GG/00054/001

APU

000GG00054001

Description

This exceptional 6,180 square-foot commercial property, situated on 0.97 acres at 153 N Slappey Blvd in Albany, Georgia, presents a compelling investment opportunity. Boasting a highly desirable location within the Brooks Plaza shopping center, this property benefits from an estimated 30,000 vehicles per day passing by, ensuring high visibility and accessibility. Currently configured as two separate suites, the building's previous uses as a pawn shop and loan company office demonstrate its adaptability. The versatile floor plan lends itself to a wide range of commercial applications, including retail, office space, or other suitable businesses. Key features include three convenient driveway cuts for easy access, and a secure, fenced-in area ideal for storage. The property's location within an Opportunity Zone adds further investment appeal. This is a rare chance to acquire a well-positioned commercial property in a thriving area of Albany, offering significant potential for growth and return on investment. The property's size and location make it an ideal choice for a variety of commercial ventures. Don't miss this chance to own a piece of Albany's commercial landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $624,213

  6.5%

  $576,197

  7%

  $535,040

• Comparable approach

  Method

  Valuation

  Relative Method

  $439,336

  Geo Method

  $439,336

• Alternative Use

  Use

  Valuation

  Residential

  $714,484

  Hospitality

  $654,464

  Educational

  $544,506

  Medical

  $563,232

  Retail

  $847,009

Location Insight

City

Albany

County

Dougherty

State

Georgia

Latitude

31.5787

Longitude

-84.1767

CBSA code

10500

CBSA name

ALBANY, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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