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Property profile & analytics
OFF-MARKET Estimated value $595,000
Office buildings

860 Hampton Rd Mcdonough, GA 30253-6514

3,000 SF 0.67 ac lot Built 2003
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US22-0936038
Property summary
AI-generated overview

This 3,000 square foot Class A medical office building, located at 860 Hampton Rd, McDonough, GA 30253, presents a compelling value-add opportunity. Completely renovated in 2022, including a full medical office build-out, a new roof (2023), and restriped parking (2022), this single-story building boasts 14 parking spaces (including 2 handicap spaces) and excellent visibility on Highway 81/Hampton Road (25,000+ vehicles per day). The property sits on a 0.67-acre lot, zoned C3, and is conveniently located 7.7 miles from Piedmont Henry Hospital (215 beds) and less than half a mile from Interstate-75. With approximately $270,000 invested in recent renovations, this owner-user opportunity offers a pro-forma cap rate of 6.67% and a pro-forma NOI of $66,000. The asking price is $990,000 ($330/sq ft). The building is vacant, with an occupancy date of February 25, 2024. Situated in a thriving retail corridor with numerous new retail and multifamily developments underway, this property benefits from a high-growth submarket and is less than 32 minutes from Downtown Atlanta. The property's Henry County location within the Atlanta MSA offers significant potential for growth and return on investment. Built in 2003, this fee-simple property is ready for immediate occupancy.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2003
Construction WOOD
Total area 3,000 SF
Lot 0.67 ac (29,185 SF)
Zoning code C3
APN 092-01004006
UPID US22-0936038
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
Current use
Occupant on record · Public records
  • Atlanta Plus Urgent Care - McDonough Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$555k
CAP Approach CAP
$660k
Comparable Approach Comparable
$656k
Blend (final) Blend
$595k
Owner & transaction history
Mcdonough Medical Group LLC · 5 yrs held
Mcdonough Medical Group LLC
since 2021
Last sale
$550,000
5 recorded transactions
2021
$550,000
2017
$620,000
2015
Price N/A
2012
$1.5M
1969
Price N/A
Zoning & alternative use
C3 · Mcdonough, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Zoning Code Title 17
Top alternative use upside
Retail stores $695,000 +44.0%
Commercial (general) $685,000 +42.3%
Auto repair, garage $620,000 +28.6%
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