511 Slappey Blvd, Albany, GA 31707
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511 Slappey Blvd, Albany, GA 31707
511 Slappey Blvd, Albany, GA 31707
511 Slappey Blvd, Albany, GA 31707
511 Slappey Blvd, Albany, GA 31707
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511 Slappey Blvd Albany, GA 31707

1.11 Acres Lot


UPDATED:

Key Details

Property Type Commercial

Sub Type Improved Commercial Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 168874

HOA Y/N Yes

Annual Tax Amount $1,806

Tax Year 2025

Lot Size 1.110 Acres

Property Sub-Type Improved Commercial Land

Property Description

Position your portfolio with a high-performing asset. $6,715 / month in income. 9 units. 100% occupied- this is the kind of stabilized investment that delivers from day one! Strategically placed along one of Albany's most highly trafficked commercial corridors, 505, 507, and 511 S Slappey Blvd present a rare opportunity to acquire a fully leased, income-producing asset with immediate cash flow and measurable upside. This offering consists of three contiguous parcels totaling 9,376 sqft. situated on approximately 1.1 acres, delivering strong in-place revenue supported by a diversified tenant base and prime positioning. Anchored by a well-balanced mix of service, retail, and experiential tenants, including a barber shop, formal event center, BBQ restaurant, photography studio, party supply retailer, non-profit organization, hair salon, and professional office users. This diversification enhances income stability and minimizes vacancy risk, while the property's long-standing history of high occupancy underscores its consistent performance. Located along South Slappey Boulevard, the property offers approximately 265 ft. of road frontage and benefits from an estimated 19,100 vehicles per day, providing exceptional visibility and accessibility. Its proximity to Phoebe Putney Memorial Hospital, Southwest Georgia Regional Airport, and Downtown Albany further strengthens tenant demand and long-term investment fundamentals. In addition to its current performance, the property offers compelling value-add opportunities. The far-left unit is positioned for a potential drive-thru conversion, creating the opportunity to increase rents and attract national or high-volume tenants. The adjacent land provides flexibility for expansion, additional units, or supplemental income through food truck leasing, parking, or event-based use- allowing investors to increase revenue without taking on initial lease-up risk. Situated within a designated Opportunity Zone, the property may offer additional tax advantages, further enhancing overall returns. With immediate cash flow, scalable upside, and a highly visible location, this asset represents a strategic acquisition opportunity for investors seeking both stability and growth. The owner has maintained the property to a high standard and is selling to pursue a new venture- creating a limited opportunity to acquire a fully stabilized asset with built-in momentum in one of Albany's most active commercial corridors.

Location

State GA

County Dougherty

Area Dougherty

Zoning Business,City,Commercial,General Commercial,Office/Prof,Other

Exterior

Utilities Available Electricity Available, Phone Available, Sewer Available, Cable Available

Waterfront Description Other

View Y/N No

Water Access Desc Albany Utilities

View Other

Garage No

Building

Lot Description Bus Service, Near Airport, Aerials Available, Cleared, Improved Lots, Level, See Remarks, Site: Shopping Center, Site: Shopping Mall, Site: Strip Mall, Other

Sewer Albany Utilities

Water Albany Utilities

Others

Acceptable Financing Sale Price, Other, Conventional

Listing Terms Sale Price, Other, Conventional


Listed by Compass Georgia
Debbie Kirkland

Debbie Kirkland

Broker License ID: BK3052075

+1(850) 212-0440

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511 Slappey Blvd