Brick Medical Office
For Sale
$1,025,000
275 Professional Ct, Riverdale, GA 30274
Professional suites combine private rooms, shared work areas, conference space, and on-site parking.
Property Size6,583 SF
Lot Size0.94 Acres
Price / SF$155.70
Days on Market59
Property Features for 275 Professional Ct
General Information
Standard status
Active
Size
6,583 SF
Lot size
0.94 Acres
Additional Details
Highway Access
Yes
Building Details
Year Built
2001
Buildings
1
Building Size
6,583 SF
Construction
brick
Listing Agency:
NAI Elrod Group
Listed By:
Brian Elrod · License ##251606
(706) 553-1000
Source:
Jetsetrealty
Added: Aug 17
Changed: Oct 12
Last Checked: Oct 12 at 10:01PM
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 NAI Elrod Group
Investment Insights
Based on property information with market context.
This 6,583 SF medical office property occupies a 0.935-acre site in a brick building constructed in 2001. The interior includes enclosed offices, administrative areas with cubicle stations, conference space, kitchen and break areas, and storage. Multiple entrances serve the suites and support flexible circulation for occupants. The site includes parking, accessible entry points, and mature landscaping.
Positioned on Professional Court in Riverdale, the property is located within an established medical corridor in Clayton County. The setting provides visibility and convenient access to I-75, with retail, dining, and residential areas throughout the surrounding county. The existing configuration supports continued medical office occupancy, multi-specialty group use, or other professional office applications.
Positioned on Professional Court in Riverdale, the property is located within an established medical corridor in Clayton County. The setting provides visibility and convenient access to I-75, with retail, dining, and residential areas throughout the surrounding county. The existing configuration supports continued medical office occupancy, multi-specialty group use, or other professional office applications.
Key Highlights
- 6,583 SF medical office building on 0.935 acres
- Brick construction completed in 2001
- Multiple suite entrances with accessible entry points
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$88,153
Cap Rate
8.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,763,060
$1.8M
Cap Rate 7%
$1,259,329
$1.3M
Cap Rate 9%
$979,478
$979.5K
Market Conditions
NOI Build-Up for 6,583 SF
Gross rent
$157.1K $23.87/SF
− Vacancy
−$39.6K −$6.02/SF
EGI
$117.5K $17.85/SF
− OpEx
−$29.4K −$4.46/SF
NOI
$88.2K $13.39/SF
Area
Clayton County, GA
Vacancy
25.20%
Lease Rate
$23.87 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,763,060
Cap Rate 7%
$1,259,329
Cap Rate 9%
$979,478
Alternative Uses
Best Use
Healthcare Medical
$1.36M
$1.19M – $1.59M
NOI $95,447 @ 7.0% cap · market cap 9.31%
Second Best
Office B
$1.26M
$1.10M – $1.47M
NOI $88,153 @ 7.0% cap · market cap 8.60%
Theoretical Best
Office A
$1.84M
$1.61M – $2.15M
NOI $128,814 @ 7.0% cap · market cap 12.57%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
836
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30274, GA
34,537
Population
14,299
Households
2.4
Avg Household Size
34
Median Age
21%
College-Educated
87%
High-School Grad
10.2 sq mi
ZIP Area
3,386
Density / Sq Mi
$50,455
Median Household Income
$33,141
Median Earnings
$1,241
Median Rent
$157,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
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Similar Off Market Nearby
- Allied Animal Healthcare — 6709 Powers St, Riverdale, GA 30274
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Professional suites combine private rooms, shared work areas, conference space, and on-site parking.
Where is this medical office space located?
The property is located at 275 Professional Ct Riverdale, GA.
What is the asking price?
The asking price for this property is $1,025,000.
What are key features of this property?
This property features: 6,583 SF medical office building on 0.935 acres; Brick construction completed in 2001; Multiple suite entrances with accessible entry points
