1610 Alice StWaycross, GA 31501

  • Healthcare properties
  • 1,860 SF
For Sale
$235,000 View listing

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
1610 Alice St, Waycross, Georgia

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,732
$15,856
$52,598
$68,454
-
$39,641
$131,495
$171,136

FAQs

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