216 Virginia AveTifton, GA 31794
- Sports & entertainment properties
- 17,574 SF
Property Details for 216 Virginia Ave
- Year built
- 1992
- Construction
- FRAME
- Property size (Sq ft)
- 17,574 SF
- Property type
- Sports & entertainment properties
- Property subtype
- Theaters & concert halls
- APN
- T016-011
- APU
- T016011
Description
This exceptional 17,400-square-foot former movie theatre presents a unique investment opportunity at Tifton Mall in Tifton, Georgia. Located at 216 Virginia Ave N, 31794, this single-story, single-tenancy building boasts a highly visible location directly adjacent to a Publix-anchored center, consistently ranking in the 83rd percentile for Georgia. The property benefits from exceptional visibility from Interstate 75, ensuring high traffic exposure. The building's 17,400 square feet of vacant space offers significant potential for redevelopment or repurposing. The property shares convenient access with the Publix center, which draws an average of 105,000 customers monthly, providing a substantial built-in customer base. This prime retail location is surrounded by established national retailers including T.J. Maxx, Belk, Bealls, Ollie's Bargain Outlet, and Hibbett Sports, further enhancing its desirability and potential for success. The property's previous use as a six-screen movie theatre provides a unique architectural layout and ample space for creative adaptation. This is a rare chance to acquire a substantial retail space in a thriving commercial center with excellent visibility and high foot traffic. The property is move-in ready, offering immediate occupancy and the potential for rapid return on investment.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $2,498,259
- Hospitality
- $2,288,392
- Educational
- $1,903,915
- Medical
- $1,969,394
- Retail
- $2,961,646
Location Insight
- City
- Tifton
- County
- Tift
- State
- Georgia
- Latitude
- 31.459
- Longitude
- -83.5273
- CBSA code
- 45700
- CBSA name
- TIFTON, GA MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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