413 Flint AveAlbany, GA 31701

Property Details for 413 Flint Ave

Year built

2010

Construction

WOOD

Lot size

0.35 AC

Property size (Sq ft)

3,840 SF

Zone code

C2

Property type

Office buildings

APN

000AA/00001/011

APU

000AA00001011

Description

This exceptional 3,926 square foot Class B office building, situated on a 0.35-acre lot in Albany, Georgia (31701), presents a compelling investment opportunity. Built in 2010, the single-story structure boasts a thoughtful layout ideal for various professional uses. The property features eight private offices, a reception area with privacy glass, a conference room, a fire-rated file room, a break room, a mechanical/IT room, a copy/work room, and flexible open space. Two employee/visitor restrooms and two additional private restrooms enhance convenience. Energy-efficient construction includes brick and Hardi siding, vinyl insulated windows, and concrete eaves/soffits. A 30-year roof, fire alarm, security system, security cameras, and a fenced parking lot with an automated gate add to its value. The property's convenient location near downtown government offices and Phoebe Putney Hospital ensures high visibility and accessibility. Zoned C-2, this vacant building offers immediate occupancy. The asking price is $395,000 ($100.61/sq ft), and a gross lease option of $3,900/month is also available. The APN is 000AA/00001/011. This is a turnkey solution for a business seeking a modern, well-maintained office space in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $439,575

  6.5%

  $405,762

  7%

  $376,779

• Comparable approach

  Method

  Valuation

  Relative Method

  $272,986

  Geo Method

  $272,986

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $969,989

  Retail / Commercial

  $463,903

  Mixed-Use / Specialty

  $435,849

  Hospitality / Lodging

  $285,396

  Institutional / Educational

  $443,672

  Residential Income

  $519,096

  Multifamily

  $768,935

  Automotive / Energy

  $380,290

  Parking / Income-Based Land

  $157,317

  Restaurant / Food Service

  $170,345

  Healthcare / Senior Housing

  $474,028

Location Insight

City

Albany

County

Dougherty

State

Georgia

Latitude

31.5804

Longitude

-84.1572

CBSA code

10500

CBSA name

ALBANY, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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