Medical Office
150 Medical Way Riverdale, GA 30274
150 Medical Way, Riverdale, GA, 30274
$2,802,000
For Sale
$2,802,000
Medical office building for sale with ample acreage for a planned campus-style setup.
Property Size14,010 SF
Lot Size3.40 Acres
Price / SF$200
Days on Market29
Property Features for 150 Medical Way
General Information
- Standard status
- Active
- Size
- 14,010 SF
- Lot size
- 3.40 Acres
- Property subtype
- Office
Building Details
- Year Built
- 1978
Listing agency
(714) 788-0430
Listed by
Matt Orville
(714) 788-0430
Source
Lee-associates
Added: Jun 24 Updated: Jul 10 at 2:05PM Checked: Jul 22 at 4:55AM
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 Matt Orville
Investment Insights
Based on property information with market context.
This offering is a medical office building totaling 14,010 square feet, situated on 3.4 acres, and presented for sale as a dedicated office asset. The property is positioned to serve healthcare and related professional uses where a medical office layout is required.
The building is located at 150 Medical Way in Riverdale, GA 30274. With the asset set on multiple acres, the site provides room for an established medical campus approach rather than a tightly constrained urban footprint.
For buyers seeking a facility designed for medical office operations, the building’s size and dedicated medical-office positioning make it suitable for a range of healthcare practice configurations. The acreage supports the practical needs of an office owner or operator who wants space on site, with room to accommodate the day-to-day requirements of a medical user, all within a single, for-sale package. Please contact for additional details on the interior layout and current buildout, as those specifics were not provided here.
The building is located at 150 Medical Way in Riverdale, GA 30274. With the asset set on multiple acres, the site provides room for an established medical campus approach rather than a tightly constrained urban footprint.
For buyers seeking a facility designed for medical office operations, the building’s size and dedicated medical-office positioning make it suitable for a range of healthcare practice configurations. The acreage supports the practical needs of an office owner or operator who wants space on site, with room to accommodate the day-to-day requirements of a medical user, all within a single, for-sale package. Please contact for additional details on the interior layout and current buildout, as those specifics were not provided here.
Key Highlights
- Medical office space for sale with 14,010 SF building size
- Set on 3.4 acres of land
- Built in 1978
Local Financial Insights For Healthcare Medical
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 | $378.3k | $27.00 |
| − Vacancy | −$39.7k | −$2.84 |
| EGI | $338.6k | $24.17 |
| − OpEx | −$135.4k | −$9.67 |
| NOI | $203.1k | $14.50 |
14,010 SF · lease $27.00/SF/yr · vacancy 10.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$2.90M
$2.54M – $3.39M
NOI $203,131 @ 7.0% cap · market cap 7.25%
Second Best
Office B
$2.68M
$2.35M – $3.13M
NOI $187,609 @ 7.0% cap · market cap 6.70%
Theoretical Best
Office A
$3.92M
$3.43M – $4.57M
NOI $274,143 @ 7.0% cap · market cap 9.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Dr. Jonathan Hill
Physician
Myron Falkner
Physician
Life Cycle OB ...
Physician
Wellness Around the World ...
Alternative Medicine Practice
Rohit Mohan Khanna
Physician
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FAQs
What type of property is this?
Medical Office Space - Medical office building for sale with ample acreage for a planned campus-style setup.
Where is this medical office space located?
The property is located at 150 Medical Way Riverdale, GA.
What is the asking price?
The asking price for this property is $2,802,000.
What are key features of this property?
This property features: Medical office space for sale with 14,010 SF building size; Set on 3.4 acres of land; Built in 1978
