150 Medical WayRiverdale, GA 30274

Property Details for 150 Medical Way

Year built

1978

Lot size

3.40 AC

Property size (Sq ft)

22,086 SF

Zone code

C

Property type

Medical offices

Property subtype

Medical centers

APN

13-140C- A-028

APU

13140CA028

Description

The Professional Center, located in the North Clayton/Airport submarket of Clayton County, presents a unique leasing opportunity. This single-story, Class C medical office building totals 21,800 square feet and sits on a generous 3.43-acre lot. Built in 1978, the property currently offers 12,731 square feet of vacant space, ideal for a variety of medical practices or related businesses. The available space ranges from 7,098 to 12,731 square feet, providing flexibility for tenants with varying needs. The building features ample parking, with a parking ratio of 4.00 spaces per unit. The property's location in the North Clayton/Airport submarket offers convenient access to major transportation routes and a strong patient base. This is a multi-tenant building, providing opportunities for synergy and collaboration with other medical professionals. The substantial size of the available space, combined with the ample parking and convenient location, makes this an exceptional opportunity for expansion or relocation. The property's existing infrastructure provides a solid foundation for a thriving medical practice. Serious inquiries are encouraged to explore this significant leasing opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $2,809,207

  6.5%

  $2,593,114

  7%

  $2,407,892

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,308,095

  Geo Method

  $4,308,095

• Alternative Use

  Use

  Valuation

  Residential

  $3,215,461

  Hospitality

  $2,945,345

  Educational

  $2,450,492

  Medical

  $2,534,769

  Retail

  $3,811,878

Location Insight

City

Riverdale

County

Clayton

State

Georgia

Latitude

33.5772

Longitude

-84.3949

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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