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    2807 Meredyth Dr Albany, GA 31707

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    2807 Meredyth Dr Albany, GA 31707


    • Turn key restaurants
    • 8,693 SF
    • 1.71 lot acres
    Albany Commercial Building - Prime Location For Sale
    $850,000
    8,738 SF

    Albany Commercial Building - Prime Location

    Spacious Restaurant/Event Space, 8,738 sq ft

    2807 Meredyth Dr, Albany, GA 31707
    View Listing
    Property ID
    US22-3741493
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 2807 Meredyth Dr

    Year built
    2000
    Construction
    STEEL FRAME
    Lot size
    1.71 lot acres
    Property size
    8,693 SF
    Zone code
    C2
    Property type
    Turn key restaurants
    APN
    040-2/00000/38F
    APU
    04020000038F

    Description

    This exceptional commercial property, located at 2807 Meredyth Drive in Albany, Georgia, presents a unique investment opportunity. Situated on a 1.71-acre lot, this 8,738 square foot building boasts a prime location adjacent to Phoebe Putney Meredyth Campus and enjoys close proximity to a variety of amenities including banks, retail shops, professional offices, and restaurants. Originally constructed in 2000, the property has served as a successful restaurant and event venue. The building features a striking exterior of concrete panel and ribbed metal walls, capped with an oval metal roof and supported by a concrete slab foundation. Ample parking is provided with 91 spaces. The property's impressive frontage on Meredyth Drive exceeds 50 feet. Exterior features include a 413 square foot front porch canopy, a rear covered walkway, an east side canopy, and a convenient loading area at dock height. The interior layout is well-designed and includes a main dining area, a raised dining area, a saloon-bar, two customer handicap-accessible restrooms, an office with an adjacent handicap-accessible restroom, employee locker and restroom areas, a large custom kitchen equipped with two building coolers, three smaller private dining rooms, an exterior patio dining area, and a dedicated food storage room. The property is zoned C-2 for commercial use and offers significant potential for a variety of businesses. The electrical room and other essential infrastructure are also included.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $380,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $744,000
      Market price range: $495k - $1.33M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Albany
    County
    Dougherty
    State
    Georgia
    Longitude
    -84.2188
    Latitude
    31.6095
    CBSA code
    10500
    CBSA name
    ALBANY, GA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $27,662
    $171,000
    $422,724
    $593,724
    -
    $427,500
    $1,056,810
    $1,484,310
    View Listing
    More about this property
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