Property profile

606 Academy Ave Dublin, GA 31021

FOR LEASE
Medical Office Space
Property ID
US22-3810978
6,494 SF 0.61 ac lot Built 1963
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 6,494 square foot medical office building, located at 606 Academy Avenue in Dublin, Georgia, presents a unique investment opportunity. Built in 1963, the single-story structure sits on a 0.61-acre lot and is currently vacant, offering immediate occupancy. The property's zoning is Commercial, allowing for a variety of medical or professional uses. The building features ample parking on the sides and rear, providing convenient access for patients and staff. Its strategic location offers significant advantages, being within three miles of Fairview Park Hospital and the Veterans Medical Center. This prime location also places the property minutes from Downtown Dublin and numerous amenities, including Garbutt Construction Company, Christ Chapel Church, Delta Life, Alexander's Office Center, Moose Lodge, South Central Health District Dental Clinic, the USPS, Piggly Wiggly, and a diverse range of other retail establishments, medical/professional offices, and restaurants. The property's previous use as a radiology office suggests its suitability for similar medical practices. This is a rare opportunity to acquire a well-situated, sizable medical office building in a thriving community. The single-tenant occupancy allows for streamlined management and potential for long-term lease agreements. The property's size and location make it an ideal choice for a variety of healthcare providers or related businesses seeking a prominent presence in Dublin, Georgia. The 31021 zip code ensures easy access to a large patient base.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1963
Construction CONCRETE
Total area 6,494 SF
Lot 0.61 ac (26,572 SF)
Zoning code COMMERCIAL
APN D16C-147
UPID US22-3810978

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
  • Medical Clinic
  • Physician

Location

606 Academy Ave Dublin, GA 31021
Dublin metro Census 950800 DUBLIN, GA MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$205k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$230k

Owner & transaction history

since 2023
Last sale
$205,000
2 recorded transactions
2023
$205,000
2006
$275,000

Zoning & alternative use

COMMERCIAL · Dublin, 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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