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    FOR SALE
    Office buildings

    1103 Gordon Ave W, Albany, GA 31707

    1,330 SF 0.14 ac lot Built 1955
    Individually Owned 10-yr Hold Free & Clear
    Property ID
    US22-3485253
    1103 Gordon Ave W, Albany, GA 31707 For Sale
    $45,000 1,330 SF
    1103 Gordon Ave W, Albany, GA 31707
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    Property summary
    AI-generated overview

    This exceptional 1,330 square foot commercial office building is ideally situated in Albany, Georgia, near the corner of Slappey and Gordon Streets. Boasting a desirable brick exterior and a durable shingle roof, this property presents a compelling investment opportunity. The building currently generates income with an existing tenant, ensuring a steady return on investment from day one. The 0.14-acre lot provides ample space for parking and potential future expansion. The asking price of $65,000 makes this a highly competitive offering in the current market. This well-maintained structure is ready for immediate occupancy and offers a strong foundation for continued success. The convenient location provides excellent visibility and accessibility, making it an attractive option for a variety of businesses. The property's solid construction and proven income stream make it an ideal choice for investors seeking a reliable and profitable addition to their portfolio. Don't miss this chance to acquire a turnkey commercial property in a thriving area. The building's current condition and established tenancy offer immediate returns, minimizing risk and maximizing potential for future growth. Serious inquiries are encouraged to explore this exceptional investment opportunity further. The property is priced to sell and offers a rare combination of location, income, and value.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1955
    Construction WOOD
    Total area 1,330 SF
    Lot 0.14 ac (6,098 SF)
    Zoning code C1
    APN 0000H/00040/017
    UPID US22-3485253
    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
    Current use
    Occupant on record · Public records
    • S South Slappy Tax Accounting Firm Tax Preparation
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Alexander J Rowe · 10 yrs held
    Alexander J Rowe
    since 2016
    3 recorded transactions
    2016
    2012
    $40,000
    2012
    Zoning & alternative use
    C1 · Albany, GA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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