410 Broad Ave Albany, GA 31701-2571
- Office buildings
- 45,360 SF
- 3.14 lot acres
Current Use by Public Records
- SunTrust Mortgage / Bank / Mortgage Lender
- Suntrust Investment Services / Atm / Bank
- US Secret Services / Federal Government Office
- Truist - ATM / Atm
- Truist / Bank / Atm
Property Details for 410 Broad Ave
- Year built
- 1977
- Construction
- CONCRETE
- Lot size
- 3.14 lot acres
- Property size
- 45,360 SF
- Zone code
- C2
- Property type
- Office buildings
- APN
- 0000B/00001/014
- APU
- 0000B00001014
Description
This exceptional investment opportunity presents a 47,759 square foot Class B office building situated on a sizable 4.13-acre lot in Albany, Georgia. Known as The Truist Building, this multi-tenant property boasts 46,565 square feet of net rentable space, currently at 40% occupancy. The building, constructed in 1977, comprises four stories and features a total of fifteen units. The property includes a separate detached drive-thru facility and offers ample parking with 165 spaces, presenting potential for expansion. Strategically located on West Broad Avenue, North Monroe Street, and North Jefferson Street, the building benefits from high visibility and convenient access. The asking price is $2,250,000, translating to $47.11 per square foot. The property is currently leased to a credit-rated tenant, SunTrust Bank, and is situated within designated Federal and State Opportunity Zones, enhancing its investment appeal. This presents a substantial value-add opportunity for a discerning investor seeking a well-located, multi-tenant office building in a growing market. The property consists of one building across four parcels.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $775,000
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Location Insight
- Map
- Local Demand
- City
- Albany
- County
- Dougherty
- State
- Georgia
- Longitude
- -84.1573
- Latitude
- 31.5764
- CBSA code
- 10500
- CBSA name
- ALBANY, GA METROPOLITAN STATISTICAL AREA
