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Property profile & analytics
OFF-MARKET Estimated value $640,000
Medical Office Space

116 Rosedale Ave Thomasville, GA 31792-6655

4,869 SF 0.77 ac lot Built 1995
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US22-1253875
Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1995
Construction WOOD
Total area 4,869 SF
Lot 0.77 ac (33,541 SF)
Zoning code R-2
APN 008 013007
UPID US22-1253875
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
  • Garland Sophia Employment Agency
  • Winbush Shonta Employment Agency
  • Indigo Family Health, LLC Medical Clinic
  • Amy Elizabeth Geer Pediatrician Physician
  • Bonny S Voyles Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$770k
CAP Approach CAP
by Request
Comparable Approach Comparable
$575k
Blend (final) Blend
$640k
Owner & transaction history
Indigo Investment Properties · 4 yrs held
Indigo Investment Properties
since 2022
Last sale
$645,000
3 recorded transactions
2022
$645,000
2022
Price N/A
2019
Price N/A
Zoning & alternative use
R-2 · Thomasville, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

(6) R-2 Multifamily residential. The pu rpose of this district is to p rovide o rderly development of high density residential areas for one (1), two (2), and multifamily dwellings as well as professional o ffices, such areas being protected from the en croachment of those uses w hich are incompatible to a desirable residential-professional environment. (7)…

Zone name Multifamily Residential
General category RESIDENTIAL
Zone area 480.10 ac
Source Chapter 22
Top alternative use upside
Commercial (general) $690,000 +25.9%
Office building $660,000 +20.0%
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