Freestanding Medical Office with
1101 Russell Parkway, Warner Robins, GA 31088
For Sale
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A converted commercial building offers a reception area, four exam rooms, physician offices, and administrative space.
Property Size2,856 SF
Lot Size1.29 Acres
Price / SF$227.24
Days on Market51
Property Features for 1101 Russell Parkway
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Zoning
Additional Details
Asking Price
Building Details
Buildings
Building Size
Listing Agency:
The Summit Group
Listed By:
Douglas Rex Yoder · License GA #340570
Source:
Crexi
Added: Sep 21
Changed: Nov 6
Last Checked: Nov 8 at 7:12AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Summit Group
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Investment Insights
Based on property information with market context.
This freestanding medical office occupies approximately 1.29 acres and contains about 2,856 square feet. Its layout includes reception and waiting areas, four exam rooms, physician and administrative offices, three restrooms, a break room, and vault storage. A covered canopy of approximately 680 square feet supports drive-through capability, and the site has 25 parking spaces. The property is zoned C-2 Commercial.
The building sits along Russell Parkway in Warner Robins, within an established commercial corridor. Nearby businesses include Kroger, Walgreens, and Sonny’s BBQ.
The building sits along Russell Parkway in Warner Robins, within an established commercial corridor. Nearby businesses include Kroger, Walgreens, and Sonny’s BBQ.
Key Highlights
- Approximately 2,856 SF freestanding medical building on approximately 1.29 acres
- Four exam rooms, reception and waiting areas, physician and administrative offices
- Approximately 680 SF covered canopy with drive‑through capability
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,679
Cap Rate
5.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$673,580
$673.6K
Cap Rate 7%
$481,129
$481.1K
Cap Rate 9%
$374,211
$374.2K
Market Conditions
NOI Build-Up for 2,856 SF
Gross rent
$62.7K $21.96/SF
− Vacancy
−$6.6K −$2.31/SF
EGI
$56.1K $19.65/SF
− OpEx
−$22.5K −$7.86/SF
NOI
$33.7K $11.79/SF
Area
Houston County, GA
Vacancy
10.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$673,580
Cap Rate 7%
$481,129
Cap Rate 9%
$374,211
Alternative Uses
Best Use
Healthcare Medical
$481.1K
$421.0K – $561.3K
NOI $33,679 @ 7.0% cap · market cap 5.19%
Second Best
Office B
$427.6K
$374.1K – $498.8K
NOI $29,930 @ 7.0% cap · market cap 4.61%
Theoretical Best
Office A
$616.4K
$539.4K – $719.2K
NOI $43,150 @ 7.0% cap · market cap 6.65%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
464
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 31088, GA
57,034
Population
24,167
Households
2.4
Avg Household Size
36
Median Age
36%
College-Educated
94%
High-School Grad
29.4 sq mi
ZIP Area
1,940
Density / Sq Mi
$81,507
Median Household Income
$44,764
Median Earnings
$1,224
Median Rent
$189,700
Median Home Value
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Market
Average Price Trend$/SF for Medical Office Space in Warner Robins, GA
Properties on Market for Medical Office Space in Warner Robins
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Medical Office Space - A converted commercial building offers a reception area, four exam rooms, physician offices, and administrative space.
Where is this medical office space located?
The property is located at 1101 Russell Parkway Warner Robins, GA.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Approximately 2,856 SF freestanding medical building on approximately 1.29 acres; Four exam rooms, reception and waiting areas, physician and administrative offices; Approximately 680 SF covered canopy with drive‑through capability
