JeffCroweCRE
Commercial

233 E Broad Avenue

Albany, GA 31705

Location

233 E Broad Avenue, Albany GA 31705

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List Price$599,752
TypeWarehouse
Building37,538 SF
Lot1.75 Ac
Building

Improved commercial

37,538 SF building

Warehouse · Commercial · C-3 · $16 / SF · 1.75 ac lot

Data last updated: October 5, 2026 at 8:00 PM EST
ACTIVE
FMLS #7824115
Listing Provided By Its Already Sold · 323-251-1570
Description

Property Description

Its Already Sold Realty is pleased to present 233 E Broad Avenue, a versatile commercial property located in Albany, Georgia. Situated on approximately 1.75 acres, the site features a 37,538 SF warehouse constructed in 1940, offering 16' average ceiling heights and a functional layout suitable for a wide range of commercial operations. Zoned C-3 Commercial, the property supports numerous retail, office, service, and general commercial uses. The building includes three bathrooms and is equipped with active power, electricity, and water, providing a solid foundation for redevelopment or immediate occupancy. Positioned along East Broad Avenue, the site benefits from strong visibility and convenient access to downtown Albany and major transportation routes. As the economic and logistics hub of Southwest Georgia, Albany offers strategic connectivity via U.S. Highway 82 and key regional corridors, enabling efficient access to Interstate 75, Interstate 10, and major Southeast markets. The city’s diverse economic base—including retail, healthcare, manufacturing, and distribution—supports a stable commercial environment. Major employers such as Phoebe Putney Health System, Procter & Gamble, and Marine Corps Logistics Base Albany reinforce the region’s economic strength and sustained demand for commercial facilities.
Tax Advantage

Opportunity Zone Property

Tract 13095000200

This property is located inside a federally designated Qualified Opportunity Zone. Long-term investors may still access meaningful capital-gains benefits — primarily the potential exclusion of post-investment appreciation after a 10-year hold — when structured through a Qualified Opportunity Fund.

  • ExcludePotential permanent exclusion of post-investment appreciation if held 10+ years through a Qualified Opportunity Fund
  • TransitionCurrent zone designations remain in effect through 2028; new permanent OZ 2.0 rules begin January 2027
  • StructureBenefits require investment via a Qualified Opportunity Fund and satisfaction of holding-period and improvement tests

Opportunity Zone benefits depend on timing, fund structure, holding period, and substantial-improvement tests. The original deferral of pre-investment gains ends December 31, 2026. New rules (OZ 2.0) begin January 1, 2027. This is educational only — not tax, legal, or investment advice. Confirm current eligibility and structure with your CPA and counsel before acting.

View all Opportunity Zone properties →IRS Opportunity Zones overview ↗

Listing facts

Structured MLS fields. Remark language is not verified.

Year built
1940
Zoning
C-3
Price / SF
$16
Price / acre
$342,715
Days on market
21
Loading
Delivery Door, Dock
Road frontage
421 ft
Owner pays
All Utilities
Taxes
$4,379
Tax year
2025
Opportunity zone
Yes

Utilities & systems

As reported on the listing. Confirm service and capacity on site.

Available

  • Electricity

Heating

  • Electric
  • Forced Air

Cooling

  • Central Air

Market intelligence

MLS market activity. Not an appraisal. Individual comps are not listed.

Likely selling price$560,000Range $540,000–$600,000 · Last ask adjusted by how comparable properties have typically closed after similar time on market. -6.6% vs current ask.
Current ask$599,7521d at this price
Market valueUnavailableNot enough highly similar local closed sales to quote a defensible market-value range.
Market signalNeutralLimited listing history so far. The estimate reflects observed market-clearing behavior, not an appraisal or property-specific value opinion.

Commercial Analysis

Key metrics and property characteristics

List Price$599,752
Building Size37,538 SF
Price / SF$16
Lot Size1.75 Acres
Price / Acre$342,715
ZoningC-3
Property SubtypeWarehouse
Year Built1940

Inquire about this listing

233 E Broad Avenue

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Disclaimer

Important Investment Information

Financial and property metrics are taken from the MLS listing when available. Cap rates or other calculated figures may be estimated. All figures are for screening only — verify with current financials and physical inspection.

Any estimated or modeled figures represent the independent analysis of Jeff Crowe / Century 21 The Avenues and are not supplied by FMLS or the listing broker.

This website and its content are for informational and educational purposes only. Nothing on this site constitutes financial, investment, tax, or real estate advice. All information is deemed reliable but not guaranteed. You should always conduct your own thorough due diligence, verify all data independently, review the physical condition of the property, and consult with your own qualified attorney, accountant, and investment advisor before making any purchase decision.