1683 Washington Rd East Point, GA 30344-4265
- Medical offices
- 1,377 SF
- 0.14 lot acres
May 08, 2025
Current Use by Public Records
- A+ Family Foot & Leg Care Specialists / Podiatrist / Medical Clinic
- Tracy Mayberry / Podiatrist
- Tracy Smith Mayberry / Podiatrist
- A Plus Family Foot & Leg Care / Podiatrist
Property Details for 1683 Washington Rd
- Year built
- 1963
- Construction
- WOOD
- Lot size
- 0.14 lot acres
- Property size
- 1,377 SF
- Zone code
- CR
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 14 015700120370
- APU
- 14015700120370
Description
This 1,377-square-foot, single-story building, constructed in 1963 and renovated in 2022, presents a compelling owner-user opportunity in East Point, Georgia. Located at 1683 Washington Rd, this Class B property sits on a 6,150-square-foot lot and boasts 12 parking spaces. Currently vacant, the building offers significant potential for redevelopment, given its CR zoning designation. The Commercial Redevelopment (CR) zoning encourages innovative mixed-use developments, making this property suitable for a variety of uses, including medical offices, restaurants, and retail spaces. The property's location within a high-traffic area, with convenient access to public transportation, restaurants, and retail shops, enhances its appeal. The building's interior features reception areas, exam rooms, and private offices, making it particularly well-suited for medical practices. With a 5-mile population of 172,064 and a 1-mile average household income of $66,804, this location offers a strong demographic profile. The asking price is $340,000, translating to $246.91 per square foot. This property represents an excellent investment opportunity for owner-occupants seeking a high-visibility location with ample parking and redevelopment potential. The property's history includes over 20 years of established owner-occupied use as a medical office. The Fulton County APN is 14-0157-0012-037-0.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $255,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $305,000
- 6.5%
- $280,000
- 7%
- $260,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $191,000
Market price range: $170k - $595k -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $375,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $375,000 Change: +0% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $350,000 Change: -7% Conversion: Difficult
- OFFICE BUILDING
- $320,000 Change: -14% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- East Point
- County
- Fulton
- State
- Georgia
- Longitude
- -84.4438
- Latitude
- 33.6758
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA