6564 Professional PlRiverdale, GA 30274

Property Details for 6564 Professional Pl

Year built

1982

Lot size

0.97 AC

Property size (Sq ft)

6,273 SF

Zone code

C

Property type

Medical offices

Property subtype

Medical centers

APN

13-140C- A-041

APU

13140CA041

Description

This 7,473 square foot, two-story medical office building in Riverdale, GA, presents a compelling owner-user opportunity. Located on a 0.97-acre lot with 54 parking spaces, the property boasts excellent visibility and convenient access to I-75, situated less than a mile from Southern Regional Medical Center. Built in 1982, the Class C building features three individually metered suites, ideal for a variety of medical practices. The interior includes seven exam rooms with sinks, a large procedure room accommodating a C-arm, and a lead-lined x-ray room. A second-floor administrative area is accessible via stairs. The property benefits from monument signage and is near major retailers such as Kroger, Walmart, and The Home Depot, as well as Southlake Mall. The asking price is $750,000 ($100.36/sq ft), and the property is zoned CB. The net rentable area is 7,437 square feet. This vacant building offers a chance to establish a thriving medical practice in a high-demand location. A virtual tour and drone footage are available online. The property is suitable for a 1031 exchange.

• CAP approach

  CAP return

  Valuation

  6%

  $797,888

  6.5%

  $736,512

  7%

  $683,904

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,223,611

  Geo Method

  $1,223,611

• Alternative Use

  Use

  Valuation

  Residential

  $913,275

  Hospitality

  $836,555

  Educational

  $696,004

  Medical

  $719,940

  Retail

  $1,082,673

Location Insight

City

Riverdale

County

Clayton

State

Georgia

Latitude

33.5761

Longitude

-84.3958

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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