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    705 Mccollum Ln Albany, GA 31705

    For Sale
    $459,000

    Prime Office & Warehouse Space - 9,240 SF

    Property size:
    5,191 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional commercial property in Albany, GA, presents a unique investment opportunity. The auction features two separate buildings, ideal for owner-occupancy or investment. 705A McCollum Lane encompasses 5,191 square feet, combining 1,256 square feet of office space with a 3,934-square-foot warehouse. This building, situated on 1.5 acres with road frontage, boasts 14 roll-up bay doors, reception space, multiple offices, restrooms, and storage. Separately, 705B McCollum Lane offers 4,049 square feet of extensively renovated office space on 3.5 acres. Recent upgrades include modern IT and phone integrations, energy-efficient improvements, and neutral finishes. This building features private and shared offices, IT closets, storage rooms, a fire room, kitchen/break room, ADA-compliant restrooms, and a 1,920-square-foot covered concrete port with direct access to McCollum Lane. Both buildings total 9,240 square feet on approximately 5 acres and are zoned C3 Commercial, offering convenient access to major highways. Each building has its own septic system. The property is being sold at auction, with the listed price serving as a reference only. The final sale price will be determined through competitive online bidding concluding Tuesday, January 28th. GA #AU-C003205.

    Property Features for 705 Mccollum Ln

    General Information

    Property type
    Other commercial real estate
    Square Feet
    5,191 SF
    Lot Size
    217,800 SF

    Building Details

    Year Built
    1969
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Wholesale Shop Auto Repair Shop Hotel & Motel Auto Parts Store Department Store Food Market Accounting Firm Shopping Mall Parking Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Dougherty
    State
    Georgia
    Longitude
    -84.07528
    Latitude
    31.59567

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Office & Warehouse Space - 9,240 SF
    Where is this commercial real estate located?
    The property is located at 705 Mccollum Ln Albany, GA.
    What is the asking price?
    The asking price for this property is $459,000.
    (229) 890-2437
    Request Owner's contact information
    705 Mccollum Ln Albany, GA 31705
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    705 Mccollum Ln Albany, GA 31705
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