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    Property profile & analytics
    OFF-MARKET Estimated value $1,285,000
    Medical Office Space

    150 Medical Way, Riverdale, GA 30274-2533

    22,086 SF 3.4 ac lot Built 1978
    Entity Owned 3-yr Hold Absentee Owner Free & Clear
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Dr. Jonathan Hill Physician
    • Myron Falkner Physician
    • Life Cycle OB GYN - Dr. Harrington Physician
    • Wellness Around the World Chiropractic Alternative Medicine Practice
    • Rohit Mohan Khanna 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
    $1.29M
    Owner & transaction history
    Wapcorp INC · 3 yrs held
    Wapcorp INC
    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
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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