705 Mccollum Ln Albany, GA 31705
- Office buildings
- 4,000 SF
- 5.00 lot acres
Current Use by Public Records
- Office buildings
Property Details for 705 Mccollum Ln
- Year built
- 1969
- Construction
- STEEL FRAME
- Lot size
- 5.00 lot acres
- Property size
- 4,000 SF
- Zone code
- C3
- Property type
- Office buildings
- APN
- 00136/00001/27C
- APU
- 001360000127C
Description
This exceptional commercial property in Albany, GA, presents a unique investment opportunity. The auction features two separate buildings, ideal for owner-occupancy or investment. 705A McCollum Lane encompasses 5,191 square feet, combining 1,256 square feet of office space with a 3,934-square-foot warehouse. This building, situated on 1.5 acres with road frontage, boasts 14 roll-up bay doors, reception space, multiple offices, restrooms, and storage. Separately, 705B McCollum Lane offers 4,049 square feet of extensively renovated office space on 3.5 acres. Recent upgrades include modern IT and phone integrations, energy-efficient improvements, and neutral finishes. This building features private and shared offices, IT closets, storage rooms, a fire room, kitchen/break room, ADA-compliant restrooms, and a 1,920-square-foot covered concrete port with direct access to McCollum Lane. Both buildings total 9,240 square feet on approximately 5 acres and are zoned C3 Commercial, offering convenient access to major highways. Each building has its own septic system. The property is being sold at auction, with the listed price serving as a reference only. The final sale price will be determined through competitive online bidding concluding Tuesday, January 28th. GA #AU-C003205.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $315,000
- ML approach
- $360,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $314,000
- AI Estimate
- $282,000
Market price range: $160k - $760kMarket price range: $161k - $672k -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $455,000 Current use
- MEDICAL BUILDING
- $370,000 Change: -19% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Albany
- County
- Dougherty
- State
- Georgia
- Longitude
- -84.0755
- Latitude
- 31.5957
- CBSA code
- 10500
- CBSA name
- ALBANY, GA METROPOLITAN STATISTICAL AREA