1610 Alice StWaycross, GA 31501
- Healthcare properties
- 1,860 SF
Property Details for 1610 Alice St
- Year built
- 1952
- Construction
- WOOD
- Lot size
- 0.26 AC
- Property size (Sq ft)
- 1,860 SF
- Zone code
- COMMERCIAL
- Property type
- Healthcare properties
- Property subtype
- Medical offices
- APN
- WA15-02-044
- APU
- WA1502044
Description
This exceptional 1,860 square foot medical office building, situated on a 0.26-acre lot at 1610 Alice Street in Waycross, Georgia, presents a unique investment opportunity. Recently and completely renovated, the property boasts fresh paint, new flooring, updated lighting, modern bathroom fixtures, and stylish cabinetry throughout. The layout is highly functional, featuring a spacious waiting area with a reception window, providing excellent patient flow. Beyond the reception area, a back hallway leads to two well-appointed offices or exam rooms, a public restroom, and a convenient kitchen/breakroom with a staff restroom. A sizable office area offers ample counter and cabinet storage, enhancing efficiency and organization. An additional room at the rear of the building, accessible via its own private entrance, provides versatile space that could serve as an extra office, conference room, or flexible area to accommodate evolving business needs. Both restrooms are half baths. The property's prime location, just blocks from the local hospital, ensures high visibility and convenient access for patients and staff. This turnkey operation is ready for immediate occupancy and presents a compelling opportunity for medical professionals or investors seeking a high-return property in a thriving community. The asking price is $235,000.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $297,600
- 6.5%
- $274,708
- 7%
- $255,086
-
Comparable approach
- Method
- Valuation
- Relative Method
- $126,499
- Geo Method
- $126,499
-
Alternative Use
- Use
- Valuation
- Residential
- $340,638
- Hospitality
- $312,022
- Educational
- $259,599
- Medical
- $268,527
- Retail
- $403,820
Location Insight
- City
- Waycross
- County
- Ware
- State
- Georgia
- Latitude
- 31.2227
- Longitude
- -82.3485
- CBSA code
- 48180
- CBSA name
- WAYCROSS, GA MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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