Property profile & analytics
410 Broad Ave Albany, GA 31701-2571
- Office buildings
- 45,360 SF
- 3.14 lot acres
OFF-MARKET
Value Estimations
$3,160,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US22-2955459
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.
Current Use by Public Records
- SunTrust Mortgage / Loan Service / Bank
- Suntrust Investment Services / Financial Advisor
- US Secret Services / Federal Government Office
- Truist - ATM / Atm
- Truist / Bank / Loan Service
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
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,143,000
- AI Estimate
- $3,199,000
Market price range: $1.29M - $4.87MMarket price range: $1.62M - $6.31M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $2,710,000 Current use
- MEDICAL BUILDING
- $4,175,000 Change: +54% Conversion: Easy
- COMMERCIAL (GENERAL)
- $4,105,000 Change: +51% Conversion: Easy
- AUTO REPAIR, GARAGE
- $3,540,000 Change: +31% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $3,535,000 Change: +30% Conversion: Difficult
Get a detailed, property-specific valuation — fast and free
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
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
$30,686
$16,320
$642,320
$658,640
-
$40,800
$1,605,800
$1,646,600
