Property profile

5281 Cleveland Hwy Clermont, GA 30527

FOR SALE
Medical Office Space
Property ID
US22-0048713
3,500 SF 0.9 ac lot Built 1996
Entity Owned 19-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This 3,500 square foot Class C medical office building, located at 5281 Cleveland Hwy in Clermont, Georgia (zip code 30527, Hall County), is available for sale. Built in 2001, the property sits on a 0.9-acre lot with permitted commercial zoning. Currently occupied by a medical practice with a lease expiring at the end of April 2024, this presents an excellent owner-user opportunity. The building features a lead-lined room suitable for radiology, a spacious waiting area, and ample surface parking. Its prime location offers excellent road frontage and proximity to a busy intersection with Wauka Mtn Elementary School, banks, a pharmacy, and retail establishments. This well-established medical office building is ready for its next chapter. The building's features include a lead-lined room, ample waiting room space, and convenient surface parking. The property's location provides high visibility and accessibility, making it an attractive investment for medical professionals or investors seeking a strong foothold in a thriving community.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1996
Construction STEEL FRAME
Total area 3,500 SF
Lot 0.9 ac (39,204 SF)
Zoning code H-B
APN 12-031 -002-010
UPID US22-0048713

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Health
  • Physician
  • Physician
  • Physician
  • Physician

Location

5281 Cleveland Hwy Clermont, GA 30527
Clermont metro Census 203 GAINESVILLE, GA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$390k

Owner & transaction history

since 2007
7 recorded transactions
2007
Price N/A
2006
Price N/A
2006
$466,124
2005
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

H-B · Clermont, GA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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