1040 Morningside DrPerry, GA 31069

Property Details for 1040 Morningside Dr

Year built

2003

Construction

STEEL FRAME

Lot size

1.01 AC

Property size (Sq ft)

5,860 SF

Zone code

OI

Property type

Medical offices

Property subtype

Medical centers

APN

0P0440 069000

APU

0P0440069000

Description

This exceptional single-tenant medical office building, totaling 6,424 square feet, is situated on a spacious 1.01-acre lot. Built in 2003, the one-story building offers a versatile layout ideal for a variety of medical practices. The property features four well-appointed exam rooms, providing ample space for patient consultations. Two private offices offer administrative areas or additional consultation space. The inclusion of two surgical suites allows for a range of procedures, enhancing the building's functionality. Five restrooms ensure convenience for both staff and patients. A dedicated laboratory and a sizable storage room complete the comprehensive suite of spaces. The building's single-tenant occupancy provides a unique opportunity for a practice seeking a dedicated and expansive space. The property's ample size and strategic layout offer significant potential for growth and expansion. The 1.01-acre lot provides ample parking and potential for future development. This turnkey medical office building presents a rare opportunity to acquire a fully functional and well-equipped space in a desirable location. The property is ready for immediate occupancy, offering a seamless transition for any medical practice seeking a new home.

• CAP approach

  CAP return

  Valuation

  6%

  $844,738

  6.5%

  $779,758

  7%

  $724,061

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,143,050

  Geo Method

  $1,143,050

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,639,430

  Retail / Commercial

  $820,279

  Mixed-Use / Specialty

  $801,271

  Hospitality / Lodging

  $566,926

  Institutional / Educational

  $827,250

  Residential Income

  $967,883

  Multifamily

  $1,249,990

  Automotive / Energy

  $709,072

  Parking / Income-Based Land

  $260,583

  Restaurant / Food Service

  $382,421

  Healthcare / Senior Housing

  $838,182

Location Insight

City

Perry

County

Houston

State

Georgia

Latitude

32.4572

Longitude

-83.7124

CBSA code

47580

CBSA name

WARNER ROBINS, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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