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500 Jefferson St Albany, GA 31701-2355

OFF-MARKET Medical Office Space Google Maps
1,075 SF 0.28 ac lot Built 1963
Entity Owned Free & Clear
Estimated value (blended)
$105k
Range $95k – $116k (±10%)
Property ID US22-2172191

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1963
Construction CONCRETE
Total area 1,075 SF
Lot 0.28 ac (12,197 SF)
Zoning code C5
APN 000CC/00025/001
UPID US22-2172191

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Discount Store Grocery & Convenience Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$105k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$105k

Owner & transaction history

since 2025
Last sale
$103,500
4 recorded transactions
2025
$135,000
2024
$103,500
2021
$50,000
2021
Price N/A

Zoning & alternative use

C5 · Albany, GA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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