403 Permian WayVilla Rica, GA 30180

Property Details for 403 Permian Way

Year built

2007

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.40 AC

Property size (Sq ft)

2,497 SF

Property type

Medical offices

Property subtype

Medical centers

APN

0146-02-5- -00024

APU

14602500024

Description

This exceptional 2,497 square foot Class B medical office condo is ideally situated at 403 Permian Way, Villa Rica, Georgia, 30180, within the Lake Pointe Professional Park. Currently configured as a primary care clinic, this property presents a fantastic investment opportunity at $699,000, or $279.94 per square foot. The building boasts a prime location in Douglas County, offering convenient access for patients and staff. The property is zoned for commercial use, providing flexibility for a variety of medical or related professional uses. With its established presence and functional layout, this turnkey medical office condo is ready for immediate occupancy. The spacious interior provides ample room for examination rooms, waiting areas, administrative offices, and support spaces. The building's exterior is well-maintained and presents a professional image. This is a rare opportunity to acquire a profitable medical office space in a thriving community. Serious inquiries are encouraged to explore this exceptional investment prospect. The property is located at 33.73031216771127 latitude and -84.89563934935907 longitude.

• CAP approach

  CAP return

  Valuation

  6%

  $488,033

  6.5%

  $450,492

  7%

  $418,314

• Comparable approach

  Method

  Valuation

  Relative Method

  $422,817

  Geo Method

  $487,065

• Alternative Use

  Use

  Valuation

  Residential

  $558,610

  Hospitality

  $511,683

  Educational

  $425,715

  Medical

  $440,356

  Retail

  $662,223

Location Insight

City

Villa Rica

County

Douglas

State

Georgia

Latitude

33.7304

Longitude

-84.8953

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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