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150 Medical Way Riverdale, GA 30274

Medical Office Space Google Maps
22,086 SF 3.4 ac lot Built 1978
Entity Owned 3-yr Hold Absentee Owner Free & Clear
Estimated value (blended)
$1.40M
Range $1.26M – $1.53M (±10%)
Property ID US22-4137780

Property summary

AI-generated overview

The Professional Center, located in the North Clayton/Airport submarket of Clayton County, presents a unique leasing opportunity. This single-story, Class C medical office building totals 21,800 square feet and sits on a generous 3.43-acre lot. Built in 1978, the property currently offers 12,731 square feet of vacant space, ideal for a variety of medical practices or related businesses. The available space ranges from 7,098 to 12,731 square feet, providing flexibility for tenants with varying needs. The building features ample parking, with a parking ratio of 4.00 spaces per unit. The property's location in the North Clayton/Airport submarket offers convenient access to major transportation routes and a strong patient base. This is a multi-tenant building, providing opportunities for synergy and collaboration with other medical professionals. The substantial size of the available space, combined with the ample parking and convenient location, makes this an exceptional opportunity for expansion or relocation. The property's existing infrastructure provides a solid foundation for a thriving medical practice. Serious inquiries are encouraged to explore this significant leasing opportunity.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1978
Total area 22,086 SF
Lot 3.4 ac (148,104 SF)
Zoning code C
APN 13-140C- A-028
UPID US22-4137780

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Physician
  • Physician
  • Alternative Medicine Practice
  • Physician

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.30M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.03M
Blend (final) Blend
$1.40M

Owner & transaction history

since 2023
Last sale
$1.2M
5 recorded transactions
2023
$1.2M
2019
$400,000
2019
$80,600
2018
$45,000
2006
$1.7M

Zoning & alternative use

C · Riverdale, GA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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