This exceptional Class B medical office condo, located at 6572 River Park Dr #102 in Riverdale, Georgia (zip code 30274), presents a fantastic investment opportunity. The 4,500 square foot space is currently offered for sale by owner at $360,000, representing a price per square foot of $80. The property boasts a well-designed layout ideal for medical practices, featuring a dedicated reception/waiting area to ensure patient comfort and efficient workflow. Six examination rooms provide ample space for patient consultations and examinations. A fully equipped lab and on-site X-ray facilities enhance the property's functionality and appeal to potential buyers. Additional features include a dedicated practice manager's office, two private doctor's offices for enhanced privacy and consultations, a convenient conference room for meetings and collaborative work, and a comfortable break room for staff. This turnkey medical office condo is ready for immediate occupancy and presents a rare opportunity to acquire a well-established medical facility in a thriving location. The property's prime location in Clayton County, Georgia offers easy access to major transportation routes and a strong patient base. This is an excellent opportunity for medical professionals seeking to establish or expand their practice. The asking price reflects the property's excellent condition and prime location.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$2,327,014
6.5%
$2,148,013
7%
$1,994,584
Comparable approach
Method
Valuation
Relative Method
$3,568,623
Geo Method
$3,568,623
Alternative Use
Use
Valuation
Residential
$2,663,536
Hospitality
$2,439,785
Educational
$2,029,872
Medical
$2,099,683
Retail
$3,157,579
Location Insight
City
Riverdale
County
Clayton
State
Georgia
Latitude
33.5754
Longitude
-84.3985
CBSA code
12060
CBSA name
ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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