500 Jefferson StAlbany, GA 31701

  • Healthcare properties
  • 1,075 SF
For Sale
$169,000 View listing

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
500 Jefferson St, Albany, Georgia

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

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
$1,739
$12,120
$25,200
$37,320
-
$30,300
$63,000
$93,300

FAQs

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