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34368325
34366955

1656 US HWY 221 N, Douglas, GA 28640 For Sale

Virtual Properties Realty
Listed by Virtual Properties Realty
$1,950,000
15 days on market
Updated 15 days ago

Gas station with Real estate and 5.5 acres lot for sale

Details
Property Type Retail, Land
Sub Type Convenience Store, Commercial (+1)
Square Footage 2,322
Pumps 6
Cap Rate 9.00%
NOI $10,900
Occupancy 100%
Tenancy Vacant
Year Built 1988
Acreage 7.500
Zoning C
Parking Spaces 20 spaces
Parking per 1,000 SqFt 8.61
Investment Type Owner/User
Ground Lease No

Retail | 9.00% CAP | 2,322 SqFt

Marketing description

Outstanding opportunity to acquire a profitable gas station business with significant real estate upside in a prime Douglas location. This package includes the gas station business, building, and approximately 7.5+ acres of additional land, creating multiple opportunities for future commercial development and income growth.

Investment highlights

  • Inside Sales: ~ $75,000/month
  • Lottery Commission: ~ $3,000/month
  • Gas Volume: ~ 12,000 gallons/month
  • ATM Income: ~$500/month
  • Air Machine Income: ~ $500/month
  • Additional Lot Income: ~ $1,500/month
  • COAM Farming Machines): opportunity expected to be available in ~9 months
  • Open Gas Contract at Closing
  • 3 Fuel Pumps with 6 Nozzles
  • Currently operated primarily by employees
  • Excellent opportunity for an owner-operator to increase profitability and improve operations
  • High-visibility location directly on US Hwy 221 N in Douglas, GA
  • Strong community presence with a large residential neighborhood located directly behind the store
  • Excellent street frontage and easy access
  • Limited direct competition in the immediate area
  • Strong long-term growth potential
  • Gas station building and business
  • Approximately 5.5 acres of commercial land adjoining the property, ideal for future commercial development
  • Additional 1.5-acre lot generating ~ $1,500/month in income
  • Additional 0.5-acre parcel located behind the gas station
  • Total package offers substantial land value and development potential (~7.5+ acres total)

Listing Contacts

Virtual Properties Realty
Listed by Virtual Properties Realty

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$10,900.00
$908.33/mo

Valuation Metrics

0
DSCR
0.56%
Cap Rate
0.56%
ROI

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Additional Information

Name
Alkesh Limbachia
License
380337
Brokerage
VIRTUAL PROPERTIES REALTY
Brokerage Phone
7704955050
Title
REAL ESTATE SALESPERSON
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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