374 Racetrack Rd Rd McDonough, GA 30252
This exceptional, newly renovated 3,000 square foot brick building presents a unique investment opportunity. Ideally situated on a 0.36-acre lot at 374 Racetrack Road, this single-tenant property boasts a spacious layout perfect for various professional uses. Currently configured as a medical office, the building features four individual offices with built-in cabinetry and sinks, a dedicated lab space with sink, two restrooms, a break room, a reception area with built-in desk, a spacious lobby, multiple private offices, and a conference room. The property is handicap accessible and highly energy-efficient, thanks to spray foam insulation in the attic. Recent renovations have resulted in a modern and attractive interior with contemporary finishes, including quality flooring, fresh paint, and tasteful lighting. Ample parking is provided with 90 spaces. The property benefits from a high-traffic location, with over 16,000 cars passing daily, and is just two miles from I-75 Interstate, offering excellent visibility and accessibility. A $510 monthly CAM fee covers water, sewer, fire sprinkler phone line, landscaping, parking lot maintenance, directory advertising, property taxes, and dumpster service. The property is zoned C-1 and has an APN of 10801017022. Current tenants represent diverse professional sectors including medical, insurance, legal, and building/development. This property offers a compelling combination of modern amenities, convenient location, and strong tenant occupancy.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.