204 Westover Blvd, Albany, GA 31707
Two-story office building with ample parking in NW Albany.
- Added:
- Mar 31, 2025
- Days on Market:
- 462
- Last Refresh:
- Mar 16 at 1:35 pm
Property Features for 204 Westover Blvd
General Information
- Standard status
- Active
- Size
- 6,177 SF
- Property subtype
- Land
Building Details
- Year Built
- 1995
Listing office Hughey & Neuman, Inc
Listing date Mar 31, 2025
Source Crexi
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 Hughey & Neuman, Inc
HighLights
- 6,000+ sq ft Commercial Office Building
- Excellent Location and Great Visibility in NW Albany
- Opportunity to Sub‑divide into Two Usable Spaces with Separate Entrance
- Ample Parking
- Configured with Multiple Large and Small Offices, Conference Room, Break Room, and IT/Storage Room
- Built in 1995
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $92.7k | $15.00 |
| − Vacancy | −$20.4k | −$3.30 |
| EGI | $72.3k | $11.70 |
| − OpEx | −$18.1k | −$2.93 |
| NOI | $54.2k | $8.78 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Albany
- County
- Dougherty
- State
- Georgia
- Longitude
- -84.2188525
- Latitude
- 31.5917854
