200 Gordon AveThomasville, GA 31792

Property Details for 200 Gordon Ave

Year built

1900

Construction

WOOD

Lot size

0.51 AC

Property size (Sq ft)

5,705 SF

Zone code

C-2

Property type

Office buildings

APN

008 002001

APU

8002001

Description

This stunning 6,201 square foot executive office building, located at 200 Gordon Ave in Thomasville, Georgia, presents a unique investment opportunity. Built in 1900, this two-story building sits on a 0.51-acre lot and boasts a wealth of original character, including exposed brick, hardwood floors, and wood paneling. The property's prime location offers exceptional convenience, situated near the hospital and within walking distance of downtown Thomasville and Paradise Park. The interior layout is highly functional, featuring 14 clinical offices, 4 staff offices, and 4 waiting areas, catering to a variety of business needs. Additional amenities include a large multipurpose room, a full kitchen, a half kitchen, two full bathrooms, and three half bathrooms. Beyond the main building, the property includes a valuable three-bay garage and an attached multipurpose area equipped with plumbing, adding significant versatility. This property is currently used as office space, but its size and location offer immense potential for diverse uses. The asking price for this exceptional property is $549,000. This is a rare chance to own a piece of Thomasville's rich history and establish a thriving business in a highly desirable location. The property's zip code is 31792.

• CAP approach

  CAP return

  Valuation

  6%

  $809,484

  6.5%

  $747,216

  7%

  $693,844

• Comparable approach

  Method

  Valuation

  Relative Method

  $405,568

  Geo Method

  $405,568

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,664,020

  Retail / Commercial

  $815,532

  Mixed-Use / Specialty

  $782,864

  Hospitality / Lodging

  $535,616

  Institutional / Educational

  $803,227

  Residential Income

  $939,776

  Multifamily

  $1,292,100

  Automotive / Energy

  $688,480

  Parking / Income-Based Land

  $266,989

  Restaurant / Food Service

  $343,659

  Healthcare / Senior Housing

  $833,332

Location Insight

City

Thomasville

County

Thomas

State

Georgia

Latitude

30.8331

Longitude

-83.9772

CBSA code

45620

CBSA name

THOMASVILLE, GA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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