729 Westover BlvdAlbany, GA 31707

Property Details for 729 Westover Blvd

Year built

1998

Construction

STEEL FRAME

Lot size

2.30 AC

Property size (Sq ft)

6,280 SF

Zone code

M2

Property type

Retail properties

Property subtype

Auto shops

APN

00308/00001/11A

APU

003080000111A

Description

This exceptional 11,000-square-foot commercial property in Albany, Georgia, presents a unique investment opportunity. Situated on a 2.3-acre lot at 729 S Westover Blvd, zip code 31707, this Class C building, constructed in 1986, offers a versatile blend of manufacturing, flex, and warehouse space, ideal for a variety of businesses. The property features a single tenancy, providing a cohesive and efficient layout. The building's interior is thoughtfully divided into distinct areas, maximizing functionality. A 2,480-square-foot office/showroom area includes two private offices, a showroom, and a sales counter, perfect for client interaction and administrative functions. The remaining 6,800 square feet comprises a shop/warehouse space, equipped with essential amenities such as an office, breakroom, and bathroom. Efficient loading and unloading are facilitated by two dock doors and two drive-in doors, while a 20-foot clear height ensures ample space for storage and operations. The property benefits from a fully fenced lot, providing security and privacy. Its strategic location on Westover Road offers excellent accessibility and high visibility, with a daily traffic count of 9,610 vehicles. This property is ready for immediate occupancy and presents a compelling opportunity for businesses seeking a well-maintained and strategically located industrial space.

• CAP approach

  CAP return

  Valuation

  6%

  $932,441

  6.5%

  $860,715

  7%

  $799,235

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,125,042

  Geo Method

  $1,125,042

• Alternative Use

  Use

  Valuation

  Residential

  $726,045

  Hospitality

  $665,054

  Educational

  $553,317

  Medical

  $572,346

  Retail

  $860,715

Location Insight

City

Albany

County

Dougherty

State

Georgia

Latitude

31.5538

Longitude

-84.2257

CBSA code

10500

CBSA name

ALBANY, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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