120 Trinity PlAthens, GA 30607

Property Details for 120 Trinity Pl

Year built

1989

Construction

STEEL FRAME

Lot size

1.05 AC

Property size (Sq ft)

11,428 SF

Zone code

C-O

Property type

Medical offices

Property subtype

Medical centers

APN

11-1-A2 B-015

APU

111A2B015

Description

This exceptional Class A medical office building, totaling 14,633 square feet, is situated on a 1.05-acre lot at 120 Trinity Pl, Athens, GA 30607. Built in 1989 and renovated in 1996, this three-story facility offers a unique opportunity for owner-users. The main floor comprises 8,570 square feet of adaptable medical office space designed for efficient patient flow. The second floor, dedicated to administrative functions, features 3,803 square feet including workstations, a conference room, kitchen/lounge, and additional rooms. A lower level, encompassing 2,260 square feet, previously served as an ambulatory surgery center and offers separate rear entrances under a covered area, ideal for physical/radiation therapies, allied health, rehabilitative, or cosmetic procedures. The building includes one elevator and two staircases. Four x-ray/MRI rooms are equipped with lead-lined walls and doors. The property is conveniently located minutes from area hospitals and is zoned C-O. Currently vacant, this property presents a compelling investment opportunity for a medical practice seeking a well-appointed, strategically located facility. The asking price is $4,200,000.

• CAP approach

  CAP return

  Valuation

  6%

  $2,005,559

  6.5%

  $1,851,285

  7%

  $1,719,051

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,319,828

  Geo Method

  $1,319,828

• Alternative Use

  Use

  Valuation

  Residential

  $2,295,594

  Hospitality

  $2,102,752

  Educational

  $1,749,465

  Medical

  $1,809,632

  Retail

  $2,721,390

Location Insight

City

Athens

County

Clarke

State

Georgia

Latitude

33.9769

Longitude

-83.4159

CBSA code

12020

CBSA name

ATHENS-CLARKE COUNTY, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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