2718 Upland CtAlbany, GA 31721

  • Office buildings
  • 2,160 SF
For Sale
$595,000 View listing

Property Details for 2718 Upland Ct

Year built
2006
Construction
STEEL FRAME
Lot size
1.72 AC
Property size (Sq ft)
2,160 SF
Zone code
C3
Property type
Office buildings
APN
00306/00015/011
APU
30600015011

Description

This exceptional 5,960 square foot commercial/light industrial property, situated on a 1.72-acre lot at 2718 Upland Court in Albany, Georgia, presents a unique investment opportunity. The property boasts well-maintained office space totaling 2,160 square feet, perfect for administrative functions or client meetings. In addition to the office space, two separate shop/storage buildings, each measuring 1,900 square feet, provide ample room for equipment, inventory, or workshop activities. These buildings were constructed in 2010 and 2016, ensuring modern functionality and structural integrity. Extensive yard space offers significant potential for truck and equipment parking and storage, a key advantage for businesses requiring substantial outdoor operational space. Currently owner-occupied, the property is available for sale, offering flexibility for potential buyers. The seller is also open to considering a sale-leaseback arrangement or a partial lease, encompassing the office space and one of the shop buildings. This versatile property is ideally suited for contractors, trucking companies, or other businesses requiring a blend of office, shop, and yard space. Its excellent condition and diverse potential uses make it a highly attractive proposition in the Albany market. The property's location in Albany, GA provides easy access to major transportation routes and a thriving business community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $218,172
    6.5%
    $201,389
    7%
    $187,004
  • Comparable approach

    Method
    Valuation
    Relative Method
    $153,554
    Geo Method
    $153,554
  • Alternative Use

    Use
    Valuation
    Residential
    $249,723
    Hospitality
    $228,745
    Educational
    $190,313
    Medical
    $196,858
    Retail
    $296,042

Location Insight

City
Albany
County
Dougherty
State
Georgia
Latitude
31.5741
Longitude
-84.2239
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
$5,970
$8,240
$120,880
$129,120
-
$20,600
$302,200
$322,800

FAQs

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