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Property profile & analytics
OFF-MARKET Estimated value $560,000
Medical Office Space

403 Permian Way Ste A Villa Rica, GA 30180-3226

2,497 SF 0.4 ac lot Built 2007
Entity Owned 18-yr Hold ~ Est. High Equity
Property ID
US22-0808103
Property summary
AI-generated overview

This exceptional 2,497 square foot Class B medical office condo is ideally situated at 403 Permian Way, Villa Rica, Georgia, 30180, within the Lake Pointe Professional Park. Currently configured as a primary care clinic, this property presents a fantastic investment opportunity at $699,000, or $279.94 per square foot. The building boasts a prime location in Douglas County, offering convenient access for patients and staff. The property is zoned for commercial use, providing flexibility for a variety of medical or related professional uses. With its established presence and functional layout, this turnkey medical office condo is ready for immediate occupancy. The spacious interior provides ample room for examination rooms, waiting areas, administrative offices, and support spaces. The building's exterior is well-maintained and presents a professional image. This is a rare opportunity to acquire a profitable medical office space in a thriving community. Serious inquiries are encouraged to explore this exceptional investment prospect. The property is located at 33.73031216771127 latitude and -84.89563934935907 longitude.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2007
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,497 SF
Lot 0.4 ac (17,424 SF)
APN 0146-02-5- -00024
UPID US22-0808103
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
  • PREMIER CARE FAMILY MEDICINE Pediatrician Physician
  • JOSETTE ETIENNE FNP-C Physician
  • Dr. Maria J. Orig, MD Physician
  • Kortni Kilgore Physician
  • Garten Jay H MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$525k
CAP Approach CAP
$555k
Comparable Approach Comparable
$558k
Blend (final) Blend
$560k
Owner & transaction history
Veranet Real LLC · 18 yrs held
Veranet Real LLC
since 2007
Last sale
$585,000
3 recorded transactions
2007
$430,900
2007
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $560,000 +8.3%
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