1002 Williams StHogansville, GA 30230

Property Details for 1002 Williams St

Year built

2006

Lot size

1.00 AC

Property size (Sq ft)

5,669 SF

Property type

Medical offices

Property subtype

Medical centers

APN

0214 000027A

APU

0214000027A

Description

This 5,740-square-foot, single-tenant medical office building, constructed in 2006, sits on one acre of land in Troup County, Georgia. The property boasts 45 parking spaces and is conveniently located off I-85 (Exit 28), providing excellent accessibility. Its strategic location places it within a thriving commercial area, adjacent to a new 148-unit townhome development currently under construction. Nearby national and regional retailers include Ingles, Love's Travel Station, Wendy's, McDonald's, and Marathon Gas, ensuring high visibility and foot traffic. Hogansville's position between Atlanta and Columbus, Georgia's two largest cities, offers a strong regional draw. Furthermore, the property benefits from proximity to significant healthcare infrastructure, being only 20 minutes from the new 583-bed Piedmont Hospital in Newnan. This presents a unique opportunity for medical professionals or investors seeking a well-positioned, readily available space in a growing community. The building is a single-story structure offering ample space for a variety of medical uses. The entire 5,740 square feet is currently vacant, providing a blank canvas for a new tenant to customize the space to their specific needs. The property's convenient location and proximity to major transportation routes and healthcare facilities make it an attractive investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $721,063

  6.5%

  $665,596

  7%

  $618,054

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,105,795

  Geo Method

  $1,105,795

• Alternative Use

  Use

  Valuation

  Residential

  $825,340

  Hospitality

  $756,007

  Educational

  $628,989

  Medical

  $650,620

  Retail

  $978,427

Location Insight

City

Hogansville

County

Troup

State

Georgia

Latitude

33.1593

Longitude

-84.8733

CBSA code

29300

CBSA name

LAGRANGE, GA-AL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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