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    Property profile & analytics

    Medical Way Riverdale, GA 30274

    • Medical Office Space
    • 8,046 SF
    • 0.78 lot acres
    OFF-MARKET
    Value Estimations
    $955,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US22-1272727
    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

    • Medical Office Space

    Property Details for Medical Way

    Year built
    1984
    Lot size
    0.78 lot acres
    Property size
    8,046 SF
    Zone code
    C
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    13-140C- A-036
    APU
    13140CA036

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $996,000
      Market price range: $672k - $1.56M
      AI Estimate
      $674,000
      Market price range: $375k - $1.03M

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $1,025,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $1,135,000
      Change: +11% Conversion: Difficult
      WAREHOUSE, STORAGE
      $1,115,000
      Change: +9% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $995,000
      Change: -3% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Riverdale
    County
    Clayton
    State
    Georgia
    Longitude
    -84.3947
    Latitude
    33.5779
    CBSA code
    12060
    CBSA name
    ATLANTA-SANDY SPRINGS-MARIETTA, 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
    2024
    $16,057
    $40,760
    $370,840
    $411,600
    -
    $101,900
    $927,100
    $1,029,000

    Comparable in this City

    • Value Estimation
      $1,265,000
      6,318 SF

      107 Uppr Riverdale SW Rd

      MEDICAL BUILDING • 6,318 SF
      107 Uppr Riverdale SW Rd, Riverdale, GA 30274-2504
      View Details
    • Value Estimation by Request
      3,887 SF

      253 Uppr Riverdale SW Rd

      MEDICAL BUILDING • 3,887 SF
      253 Uppr Riverdale SW Rd, Riverdale, GA 30274-4945
      View Details
    • Value Estimation by Request
      1,665 SF

      6223 Church St

      MEDICAL BUILDING • 1,665 SF
      6223 Church St, Riverdale, GA 30274-1614
      View Details
    • Value Estimation
      $2,130,000
      12,772 SF

      255 Professional Ct

      MEDICAL BUILDING • 12,772 SF
      255 Professional Ct, Riverdale, GA 30274-2531
      View Details
    • Value Estimation by Request
      2,382 SF

      6567 Professional Pl

      MEDICAL BUILDING • 2,382 SF
      6567 Professional Pl, Riverdale, GA 30274-2519
      View Details
    • Value Estimation by Request
      3,093 SF

      6330 Church St

      MEDICAL BUILDING • 3,093 SF
      6330 Church St, Riverdale, GA 30274-1617
      View Details

    Similar Nearby for Sale

    • $1,050,000
      4,579 SF

      Riverdale Medical Office Building

      Fully Leased, Newly Renovated, High ROI
      207 Upper Riverdale Rd, Riverdale, GA 30274
      View Details
    • $1,025,000
      6,583 SF

      Professional Office Building in Riverdale

      6,583 SF office building in established medical corridor.
      275 Professional Ct, Riverdale, GA 30274
      View Details
    • $2,802,000

      Medical Office Space For Sale

      14,010 SF medical office space on 3.4 acres.
      150 Medical Way, Riverdale, GA 30274
      View Details
    • $250,000
      Pending

      Commercial Building in Growing Riverdale

      Commercial building with great parking and space in growing Riverdale.
      478 Upper Riverdale Rd SW, Riverdale, GA 30274
      View Details
    • Contact for pricing
      1.17 Acres

      Commercial Property in Busy Area

      Commercial property with large rooms in a busy Riverdale area.
      710 King Rd, Riverdale, GA 30274
      View Details
    • $2,200,000
      4,316 SF

      Versatile Office Space in Riverdale

      Commercial property with accessibility, functionality, and professional charm.
      6338 Church St, Riverdale, GA 30274
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Medical Office Sublease Opportunity

      Prime medical office space for sublease in Riverdale, Georgia.
      34 Upper Riverdale Rd SW, Riverdale, GA 30274
      View Details
    • Contact for pricing

      Riverdale Medical Office Sublease Opportunity

      Prime medical office space available for sublease in Riverdale, GA.
      34 Upper Riverdale Rd SW, Riverdale, GA 30274
      View Details
    • $500 /Mo
      2,930 SF

      Professional Office Building on Highway

      Professional office building on Highway 138 in Riverdale, GA.
      136 Highway 138 SW, Riverdale, GA 30274
      View Details
    • Contact for pricing
      1,960 SF

      Retail Space Available For Rent

      Retail space available for rent in Riverdale, Georgia.
      7016-7038 Highway 85, Riverdale, GA 30274
      View Details
    • $4,900 /Mo

      Automotive Repair Shop For Rent

      4,800 SF automotive repair shop on Highway 85.
      8108 Highway 85, Riverdale, GA 30274
      View Details
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    Medical Way
    Riverdale, GA 30274
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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