3368 Greystone WayValdosta, GA 31605

Property Details for 3368 Greystone Way

Year built

2005

Construction

WOOD

Lot size

0.13 AC

Property size (Sq ft)

2,999 SF

Zone code

PPD

Property type

Healthcare properties

Property subtype

Medical offices

APN

0109A-218

APU

0109A218

Description

This exceptional 0.13-acre commercial property, located at 3368 Greystone Way in Valdosta, Georgia, presents a unique investment opportunity. Priced at $550,000, the building is situated within the prestigious Greystone Professional Office Center and offers a versatile space ideally suited for medical practices. Previously used as a physical therapy clinic, the property boasts a significant advantage: an in-ground pool perfect for aquatic therapy. The building's interior comprises two large main rooms, five examination rooms, and three restrooms (one with a shower). Additional features include a spacious break room, a welcoming reception area, and an upstairs office area suitable for administrative tasks or storage. Constructed entirely of brick, the building offers both durability and aesthetic appeal. Its handicap-accessible design ensures inclusivity, and the corner lot provides ample parking. The flexible layout allows for the potential to house two separate offices, making it an attractive option for expansion or multi-tenant occupancy. This turnkey property offers a compelling combination of functionality, unique amenities, and a desirable location within an established professional center. The property's features and location make it a strong contender for healthcare professionals seeking a well-equipped and conveniently located space.

• CAP approach

  CAP return

  Valuation

  6%

  $472,198

  6.5%

  $435,875

  7%

  $404,741

• Comparable approach

  Method

  Valuation

  Relative Method

  $213,199

  Geo Method

  $213,199

• Alternative Use

  Use

  Valuation

  Residential

  $540,485

  Hospitality

  $495,081

  Educational

  $411,902

  Medical

  $426,068

  Retail

  $640,736

Location Insight

City

Valdosta

County

Lowndes

State

Georgia

Latitude

30.8824

Longitude

-83.2953

CBSA code

46660

CBSA name

VALDOSTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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