390 1st NE Ave Cairo, GA 39828-2119
This exceptional 2,400 square foot office building presents a unique investment opportunity in the heart of Cairo, Georgia. Situated just two blocks from Broad Street in a thriving downtown industrial area, this property offers unparalleled versatility and potential. The building, originally a well-constructed home, has been thoughtfully converted into a functional and efficient office space, featuring multiple rooms ideal for various professional uses. Its past use as both an insurance office and a medical office speaks to its adaptability. The existing layout includes dedicated exam rooms, a testament to its suitability for healthcare practices. However, the space's flexible design allows for a wide range of professional applications, making it an attractive option for numerous businesses. The 0.59-acre lot provides ample space for parking and potential future expansion. The building's solid construction and prime location combine to create a compelling investment prospect with significant upside potential. This is a rare opportunity to acquire a well-maintained, versatile commercial property in a desirable downtown location. The asking price of $220,000 reflects the property's value and potential for strong returns. Don't miss this chance to secure a valuable asset in a growing market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.