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    Medical Office Building Title is generated by Realmo AI

    150 Medical Way, Riverdale, GA 30274

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    For Sale
    $2,802,000

    Medical office building for sale with ample acreage for a planned campus-style setup.

    Type:Office
    Property size:
    14,010 SF
    Lot size:
    3.40 Acres
    Price / SF:
    $200/SF
    Added:
    Jun 24, 2026
    Days on Market:
    5
    Last Refresh:
    Jun 25 at 8:40 pm

    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

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    Matt Orville
    Matt Orville

    Listing office

    Listing date Jun 24, 2026

    Source Lee-associates

    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

    HighLights

    • Medical office space for sale with 14,010 SF building size
    • Set on 3.4 acres of land
    • Built in 1978

    Overview

    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.

    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 (±1% cap)
    NOI $203,131 @ 7.0% cap · market cap 7.25%
    Second Best
    Office B
    $2.68M
    $2.35M – $3.13M (±1% cap)
    NOI $187,609 @ 7.0% cap · market cap 6.70%
    Theoretical Best
    Office A
    $3.92M
    $3.43M – $4.57M (±1% cap)
    NOI $274,143 @ 7.0% cap · market cap 9.78%
    Zoning and permitted uses should be independently verified with local authorities.
    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

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Riverdale
    County
    Clayton
    State
    Georgia
    Longitude
    -84.3948379
    Latitude
    33.5772322

    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
    More about this property
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