2858 Franklin StAvondale Estates, GA 30002

  • Office properties
  • 3,518 SF
For Lease
$17.16/SF/YR View listing

Property Details for 2858 Franklin St

Year built
1965
Lot size
0.22 AC
Property size (Sq ft)
3,518 SF
Zone code
M
Property type
Office properties
Property subtype
Office buildings
APN
15 248 24 009
APU
1524824009

Description

This exceptional 1,400 square foot office space, located at 2858 Franklin Street in Avondale Estates, Georgia (30002), offers a unique opportunity for a single tenant. Situated on the top floor of a two-story, 6,168 square foot Class B building constructed in 1965 and renovated in 2020, this property boasts three private offices, a spacious reception area, and ample natural light. The space includes an owner's suite with a full bathroom and two additional sizable offices, perfect for a team or departmental separation. While the building does not offer elevators or on-site parking, ample street parking is readily available. The property sits on 0.2 acres and is zoned for M Industrial District. Its prime location in Avondale Estates provides easy access to a vibrant business community, including breweries, live music venues, and restaurants. This meticulously designed space offers comfort, convenience, and undeniable charm, making it an ideal workspace for a variety of businesses. The property is a single-tenant occupancy within a building with no elevators.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $755,891
    6.5%
    $697,746
    7%
    $647,907
  • Comparable approach

    Method
    Valuation
    Relative Method
    $686,221
    Geo Method
    $686,221
  • Alternative Use

    Use
    Valuation
    Residential
    $865,205
    Hospitality
    $792,523
    Educational
    $659,370
    Medical
    $682,047
    Retail
    $1,025,686
2858 Franklin St, Avondale Estates, Georgia

Location Insight

City
Avondale Estates
County
Dekalb
State
Georgia
Latitude
33.7765
Longitude
-84.2729
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
$19,179
$24,960
$391,040
$416,000
-
$62,400
$977,600
$1,040,000

FAQs

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