
150 Pearl DR, Lafayette, GA 30728
Annie Shahan Property (Walmart Plaza) · Walker County
Key Facts
Description
Prime Investment Opportunity | High-Visibility 20K SF Retail Strip Center - Lafayette, GA SUMMER PROMOTION, IF UNDER CONTRACT BEFORE THE 4th of July: $1,950,000 + PLUS HUGE BUYER INCENTIVE!!! THE SELLER IS OFFERING THE BUYER A $50k CONCESSION CREDITAT CLOSING IF UNDER CONTRACT BEFORE THE 4TH OF JULY 2026 (CLOSING COSTS AND/OR RENOVATIONS AFTER CLOSING) . SCHEDULE YOUR PRIVATE TOUR SOON SO YOU DO NOT MISS THIS PURCHASE PERK... ***LEASING OPTIONS ALSO AVAILABLE*** Discover an exceptional opportunity to own a well-positioned commercial retail strip center on 3 level acres with ample paved parking, ideally located just off Highway 27 adjacent to the Walmart Supercenter in Lafayette, GA. Offered at UNDER $2 million, this property delivers strong income potential, flexibility, and long-term upside in a rapidly growing market. The center offers a versatile mix of unit sizes, including: One 3,000 SF restaurant space (currently The Best Grill, formerly Rafael's) Two 5,000 SF flex spaces suitable for retail, office, gym, warehouse, or service use One 7,000 SF end-cap unit with the option to subdivide Three spaces are available for immediate occupancy, providing value-add potential for investors or ideal configurations for an owner-user. The prominent corner unit is leased on a new 5-year term to a thriving restaurant that opened in January 2025, delivering instant and reliable income. Positioned within a high-traffic retail corridor surrounded by Walmart, national chains, and popular dining options, the property enjoys excellent visibility, easy access, and consistent consumer activity. Adding to its appeal, a new 200+ home residential subdivision is currently under development directly behind the center, further strengthening future tenant demand and long-term appreciation. Property Highlights: Level 3-acre commercial site with generous parking Multiple income streams with expansion and lease-up potential Strong visibility and access from Hwy 27 Surrounded by established national and local retailers New residential growth driving increased traffic and demand Whether you're seeking a stabilized investment with upside or a strategic owner-user opportunity, this retail center offers outstanding potential. Contact the listing agents today to schedule a tour or to inquire about leasing one of the remaining spaces.
Property Information
Property Type
Commercial Sale
Sub-Type
Mixed Use
Structure Type
Mixed Use / Office / Retail / Warehouse
Year Built
2007
Living Area
20,000 sq ft
Lot Size
3.04 acres
Garage Spaces
100
Parking Spaces
100
Days on Market
402
MLS® Listing#
10506561
Property Features
Interior
Cooling
Heating
Flooring
Parking
Lot Features
Construction
Roof
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$8,583
Tax year 2023
Parcel Number
10034 006
Directions
Take HWY 27 South (Martha Berry HWY) to LaFayette Walmart Plaza. Turn Right on Pearl Drive. The Shopping Center is inside the plaza on the right with sign on property.
Affordability Calculator
$390,000
Estimated monthly payment
$10,379/mo
Principal $1,560,000 · Est. interest $2,176,339 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Lafayette, GA
- $278,333
- Median Listing Price
- 63
- Median Days on Market
- 1,600
- Median Sq Ft
- $160
- Median Price / Sq Ft
- 117
- Active Listings
- This home’s price is 601% above the area median.
- Its price per sq ft is 39% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Lafayette, GA.
Location
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Points of Interest in Lafayette, GA
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 316 Chestnut Street A, LaFayette, GA | $1,400,000 | 20 | 17 | 10,352 |
| 4582 Highway N 27, LaFayette, GA | $1,400,000 | 16 | 26 | 1,050 |
| 109 & 106 Gasque DR 2, LaFayette, GA | $1,635,000 | — | — | 25,000 |
Moving Cost Estimate
EXIT Agents in Lafayette
Listing Courtesy: Crye-Leike, Realtors - 6788451200












