1026 Keith Dr Perry, GA 31069-2947
This exceptional investment opportunity presents a 45-bed assisted living facility situated on a 2.01-acre lot in Perry, Georgia. The property encompasses three buildings totaling 18,860 square feet, constructed between 1988 and 1995. Each building is single-story, offering convenient accessibility. The property is zoned C-2, providing flexibility for various uses. Currently operating as an assisted living facility, the seller is open to including the business in the sale, presenting a turnkey opportunity for a buyer interested in continuing its current operation. Alternatively, the property's location within Perry's medical district, adjacent to Houston Healthcare Perry Hospital and numerous medical providers, makes it exceptionally well-suited for repurposing into traditional or medical offices. The property boasts ample paved parking and 300 feet of frontage on Keith Drive (1026 Keith Dr, Perry, GA 31069). Convenient access to I-75 is ensured via proximity to exits 136 and 138 (3 and 4 miles respectively). All utilities are available on-site. The asking price is $2,235,000, translating to $118.50 per square foot. This property offers a compelling blend of existing functionality and significant redevelopment potential in a thriving medical hub. The APN is 0P0440 054000.
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Autumn Terrace Nursing Home Retirement Community
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Shrider Management Group Inc Business Management Consultant
(4) C-2, General commercial district. The C-2 district is intended to provide a commercial district designed to serve the automobile, its passengers, and highway users and to provide community shopping facilities consisting of a wide variety of sales and service facilities and locations that will be accessible to all shoppers and highway users or both. (5) C…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C2 · Perry, GA(4) C-2, General commercial district. The C-2 district is intended to provide a commercial district designed to serve the automobile, its passengers, and highway users and to provide community shopping facilities consisting of a wide variety of sales and service facilities and locations that will be accessible to all shoppers and highway users or both. (5) C-3, Central business district (CBD). The C-3 district is intended to preserve downtown Perry as the city's center accommodating a unique mix of retail, entertainment, office, service, cultural, government, civic, and residential uses. The intent of the district is to preserve and encourage pedestrian-oriented development, including specialty and neighborhood-oriented retail and higher density residential options. District uses and standards are also intended to encourage future development in a manner compatible with the traditional character of the downtown and with nearby residential areas. January 1, 2018; revised through 02/17/2026 Article 3 Page 65 (6) M-1, Wholesale and Light Industrial District. The M-1 District is intended for wholesale and light industrial uses where resultant noise, odors, pollution, and congestion are minimized. Residential development is prohibited. This district is not suitable for heavy industrial uses. (7) M-2, General industrial district. The M-2 district is intended to create and protect areas for industrial uses. (C) Special base zoning districts. (1) GU, Governmental Use District. The purpose of GU district is to acknowledge and designate properties owned by the United States of America, State of Georgia, Houston County Board of Commissioners, Houston County Board of Education, Peach County Board of Commissioners, Peach County Board of Education, or the City of Perry. (2) PUD, planned unit development district. The PUD planned unit development district is intended to allow for unique and integrated mixed-use developments which are suitable in location and character, and which cannot be achieved in other base zoning districts established in this ordinance. The PUD district is not intended to be used as an alternative to obtaining variance(s) for developments unable to comply with other development standards required by this ordinance. (3) FBC, Form Based Code. The Form Based Code is comprised of the IMU, Interstate Mixed Use District; the MUC, Mixed Use Center District; the NMU, Neighborhood Mixed Use District; the FBR, Form Based Residential District; and the OS, Open Space District.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
