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Property profile & analytics

705 Mccollum Ln Albany, GA 31705

  • Office buildings
  • 4,000 SF
  • 5.00 lot acres
For Sale
Last Sale
Mar 10, 2025
$379,500
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US22-3177990
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

  • 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

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $315,000
    ML approach
    $360,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $314,000
    Market price range: $160k - $760k
    AI Estimate
    $282,000
    Market price range: $161k - $672k
  • Alternative Use

    Use
    Estimation
    OFFICE BUILDING
    $455,000
    Current use
    MEDICAL BUILDING
    $370,000
    Change: -19% Conversion: Easy

Get a detailed, property-specific valuation — fast and free


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

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
$5,138
$20,000
$91,120
$111,120
-
$50,000
$227,800
$277,800
More about this property
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