558 8Th St Griffin, GA 30224
This exceptional 0.53-acre commercial land parcel presents a unique investment opportunity in Griffin, Georgia. Ideally situated just one block from Wellstar Spalding Regional Medical Center, this level, square lot boasts 165 feet of frontage on S 8th St, providing excellent visibility and accessibility. The property's address is 558 S 8th St, Griffin, GA 30224, and its APN is 023 16012A. Zoned PCD, this site is perfectly suited for the development of a medical office building, capitalizing on the high demand for healthcare services in the area. All utilities are readily available, simplifying the construction process and minimizing development costs. The location's proximity to the hospital creates an irreplaceable advantage, ensuring high patient traffic and a strong potential for rental income or immediate occupancy. This is a rare opportunity to acquire a prime piece of commercial real estate in a thriving medical corridor. The asking price for this exceptional property is $225,000.
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.