Medical Office Building For
For Sale
$530,000
5281 Cleveland Highway, Clermont, GA 30527
Established medical office building available for owner/user in Clermont, GA.
Property Size3,500 SF
Price / SF$151.43
Days on Market320
Property Features for 5281 Cleveland Highway
General Information
Standard status
Active
Size
3,500 SF
Class
C
Property subtype
Office
Building Details
Building Size
3,500 SF
Year Built
2001
Listed By:
Karen Baston · License #GA #323369
(770) 861-8006
Source:
Svn
Added: Nov 21, 2025
Changed: Oct 4
Last Checked: Oct 7 at 10:35AM
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 Karen Baston
Investment Insights
Based on property information with market context.
This established medical office building is available for sale, offering an opportunity for an owner-user. The property is currently occupied by NGPG Family Medicine Clinic, which will be relocating at the end of April 2024. The building features excellent road frontage and is situated near a busy business intersection that includes Wauka Mtn Elementary School, banks, a pharmacy, and retail establishments. Located on Georgia State Highway 129 in Clermont, Georgia, the property is near the intersection of Highway 129 and Highway 52, approximately 10 miles north of Northeast Georgia Medical Center in Gainesville and 13 miles south of Cleveland, Georgia. The property includes a lead-lined room for radiology, an ample waiting room, and surface parking. A lease is in place until May 2024. The building size is 3,500 square feet.
Key Highlights
- Available for owner/user after April 2024.
- Excellent road frontage on GA State Hwy 129 near a busy intersection.
- Established medical office building.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,363
Cap Rate
8.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$947,260
$947.3K
Cap Rate 7%
$676,614
$676.6K
Cap Rate 9%
$526,256
$526.3K
Market Conditions
NOI Build-Up for 3,500 SF
Gross rent
$88.2K $25.20/SF
− Vacancy
−$9.3K −$2.65/SF
EGI
$78.9K $22.55/SF
− OpEx
−$31.6K −$9.02/SF
NOI
$47.4K $13.53/SF
Area
Hall County, GA
Vacancy
10.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$947,260
Cap Rate 7%
$676,614
Cap Rate 9%
$526,256
Alternative Uses
Best Use
Healthcare Medical
$676.6K
$592.0K – $789.4K
NOI $47,363 @ 7.0% cap · market cap 8.94%
Second Best
Office B
$669.8K
$586.1K – $781.5K
NOI $46,888 @ 7.0% cap · market cap 8.85%
Theoretical Best
Office A
$980.2K
$857.7K – $1.14M
NOI $68,613 @ 7.0% cap · market cap 12.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
110
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 30527, GA
4,619
Population
1,580
Households
2.9
Avg Household Size
40
Median Age
29%
College-Educated
94%
High-School Grad
25.4 sq mi
ZIP Area
182
Density / Sq Mi
$108,052
Median Household Income
$47,617
Median Earnings
$918
Median Rent
$306,200
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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Frequently Asked Questions
What type of property is this?
Medical Office Space - Established medical office building available for owner/user in Clermont, GA.
Where is this medical office space located?
The property is located at 5281 Cleveland Highway Clermont, GA.
What is the asking price?
The asking price for this property is $530,000.
What are key features of this property?
This property features: Available for owner/user after April 2024.; Excellent road frontage on GA State Hwy 129 near a busy intersection.; Established medical office building.
