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    57 Martin Luther King Drive Reynolds, GA 31076

    Sponsored
    Source: https://www.cbcworldwide.com
    For Sale
    $890,000

    7,608± SF Multi-Tenant Medical Office For Sale or Lease

    Property size:
    7,608 SF

    Description

    Added:
    Apr 10, 2025
    Days on Market:
    271
    INVESTMENT OPPORTUNITY (1/2 Building Leased to Mercer Medicine)
    7,608± SF Multi-Tenant Medical Office Building Divided into Two Units
    Unit 1: 3,750± SF (Leased) Tenant: Mercer Medicine Base Lease Rate: $3,200 Per Month
    Unit 2: 3,858± SF (Available) Lease Rate: $11.00/PSF Foyer Three (3) private offices Three (3) large open rooms Kitchen Storage room Four (4) restrooms; one with shower
    Great location for daycare, dance studio, physical rehabilitation facility, medical supplies sales 0.90 acres; fenced rear courtyard Built in 2000 Four HVAC units Parking available in front and side of building 2024 Property Tax Bill $4,550 Fire Alarm Alarm System

    Property Features for 57 Martin Luther King Drive

    General Information

    Property type
    Other office properties
    Square Feet
    7,608 SF
    Price / Square Foot
    $116
    Elevators
    N/A
    Lot Size
    39,204 SF

    Building Details

    Year Built
    2000
    Buildings
    1
    Stories
    1
    Units
    2
    Location Intelligence

    Current Use by Public Records

    Mercer Medicine Taylor ... Medical Clinic

    Suggested Use

    Restaurant Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Pharmacy Clothing Store Hotel & Motel Nail Salon Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Reynolds
    State
    Georgia
    Longitude
    -84.096477
    Latitude
    32.563223

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      Medical Office Investment Opportunity

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      57 Martin Luther King Dr, Reynolds, GA 31076
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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Office property - 7,608± SF Multi-Tenant Medical Office For Sale or Lease
    Where is this office property located?
    The property is located at 57 Martin Luther King Drive Reynolds, GA.
    What is the asking price?
    The asking price for this property is $890,000.
    (478) 746-8171
    Request Owner's contact information
    57 Martin Luther King Drive Reynolds, GA 31076
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    Reynolds, GA 31076
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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
    57 Martin Luther King Drive Reynolds, GA 31076
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