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Property profile & analytics
OFF-MARKET
Land

558 8Th St Griffin, GA 30224

0.53 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 0.53 ac (23,087 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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