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    OFF-MARKET
    Office buildings

    705 Mccollum Ln, Albany, GA 31705-1509

    4,000 SF 5 ac lot Built 1969
    Individually Owned 1-yr Hold Free & Clear
    Property ID
    US22-3177990
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1969
    Construction STEEL FRAME
    Total area 4,000 SF
    Lot 5 ac (217,800 SF)
    Zoning code C3
    APN 00136/00001/27C
    UPID US22-3177990
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Viola E Buford Family Ltd Partnersh · 1 yrs held
    Viola E Buford Family Ltd Partnersh
    since 2025
    Last sale
    $379,500
    3 recorded transactions
    2025
    $379,500
    2011
    $199,500
    2008
    Zoning & alternative use
    C3 · Albany, GA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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