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2016 E 16TH AVE
CORDELE, GA 31015-5309
Asking Price
Contact for price
Asset Type
Commercial Mixed-use
Class
Class B
What's Special
0.76 AC | Flexible HC Commercial Zoning | Public Utilities Available <p>• 0.76-acre commercial land lot in Cordele, GA</p><p>• Flexible HC commercial zoning</p><p>• Public utilities available</p><p>• Level, street-grade site</p><p>• Long-term 90-year ground lease opportunity available at $5,000/month</p><p>• Positioned along 16th Avenue E near existing hospitality and commercial activity</p>
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547