500 Jefferson StAlbany, GA 31701
- Healthcare properties
- 1,075 SF
Property Details for 500 Jefferson St
- Year built
- 1963
- Construction
- CONCRETE
- Lot size
- 0.28 AC
- Property size (Sq ft)
- 1,075 SF
- Zone code
- C5
- Property type
- Healthcare properties
- Property subtype
- Medical offices
- APN
- 000CC/00025/001
- APU
- 000CC00025001
Description
This exceptional 1,100 square foot commercial property, located at 500 Jefferson Street N in Albany, Georgia, presents a fantastic investment opportunity. Situated on a corner lot, this newly renovated building enjoys high visibility and proximity to key establishments such as Phoebe Putney Hospital Main Campus, Watson Spence, and The Bread House, as well as numerous churches and the downtown Albany area. The interior boasts four private offices, a dedicated reception area, a spacious waiting room (suitable for use as a conference room), and a convenient break room. Recent upgrades include fresh interior and exterior paint, modern light fixtures, and ample on-site parking for staff and clients. The building's strategic location and updated features make it ideal for a variety of professional uses. This is a turnkey operation ready for immediate occupancy. The asking price for this well-maintained commercial space is $169,000. Interested parties should inquire directly for detailed information regarding terms and availability. This property offers a rare blend of convenience, functionality, and aesthetic appeal in a thriving Albany commercial district. Don't miss this chance to acquire a valuable asset in a desirable location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $108,581
- 6.5%
- $100,228
- 7%
- $93,069
-
Comparable approach
- Method
- Valuation
- Relative Method
- $76,422
- Geo Method
- $76,422
-
Alternative Use
- Use
- Valuation
- Residential
- $124,283
- Hospitality
- $113,843
- Educational
- $94,716
- Medical
- $97,973
- Retail
- $147,336
Location Insight
- City
- Albany
- County
- Dougherty
- State
- Georgia
- Latitude
- 31.5834
- Longitude
- -84.1556
- CBSA code
- 10500
- CBSA name
- ALBANY, GA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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