606 Academy AveDublin, GA 31021

Property Details for 606 Academy Ave

Year built

1963

Construction

CONCRETE

Lot size

0.61 AC

Property size (Sq ft)

6,494 SF

Zone code

COMMERCIAL

Property type

Healthcare properties

Property subtype

Medical offices

APN

D16C-147

APU

D16C147

Description

This exceptional 6,494 square foot medical office building, located at 606 Academy Avenue in Dublin, Georgia, presents a unique investment opportunity. Built in 1963, the single-story structure sits on a 0.61-acre lot and is currently vacant, offering immediate occupancy. The property's zoning is Commercial, allowing for a variety of medical or professional uses. The building features ample parking on the sides and rear, providing convenient access for patients and staff. Its strategic location offers significant advantages, being within three miles of Fairview Park Hospital and the Veterans Medical Center. This prime location also places the property minutes from Downtown Dublin and numerous amenities, including Garbutt Construction Company, Christ Chapel Church, Delta Life, Alexander's Office Center, Moose Lodge, South Central Health District Dental Clinic, the USPS, Piggly Wiggly, and a diverse range of other retail establishments, medical/professional offices, and restaurants. The property's previous use as a radiology office suggests its suitability for similar medical practices. This is a rare opportunity to acquire a well-situated, sizable medical office building in a thriving community. The single-tenant occupancy allows for streamlined management and potential for long-term lease agreements. The property's size and location make it an ideal choice for a variety of healthcare providers or related businesses seeking a prominent presence in Dublin, Georgia. The 31021 zip code ensures easy access to a large patient base.

• CAP approach

  CAP return

  Valuation

  6%

  $1,270,557

  6.5%

  $1,172,822

  7%

  $1,089,049

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,266,720

  Geo Method

  $1,266,720

• Alternative Use

  Use

  Valuation

  Residential

  $1,454,299

  Hospitality

  $1,332,130

  Educational

  $1,108,317

  Medical

  $1,146,434

  Retail

  $1,724,048

Location Insight

City

Dublin

County

Laurens

State

Georgia

Latitude

32.5351

Longitude

-82.9118

CBSA code

20140

CBSA name

DUBLIN, GA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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