2202 Abbey CtAlpharetta, GA 30004

Property Details for 2202 Abbey Ct

Year built

1999

Construction

WOOD

Lot size

0.03 AC

Property size (Sq ft)

1,130 SF

Zone code

OI

Property type

Office properties

Property subtype

Other office properties

APN

22 386011670913

APU

22386011670913

Description

This 1,130 square foot traditional office condo is located in the desirable Crabapple Village Office Park at the Alpharetta/Milton border. The single-story, Class C building, constructed in 1999 and renovated in 2014, offers a corner suite layout within a duplex building, providing ample natural light. The space features a reception area with a high trey ceiling and adjoining front office, a coffee bar with sink and cabinetry, and a restroom. Four private offices are included, with two rear offices featuring connecting French doors. A separate teledata room provides additional storage. Surface parking is available directly at the unit's entrance, along with central mailboxes and overnight drop boxes. The property is zoned O-I. The total building square footage is 2,260 square feet. This location offers convenient access to numerous amenities, including restaurants, coffee shops, car services, grocery stores, and banking facilities. A 3-5 year lease term is preferred, with a 4% annual rent increase. Landlord pays condo fees, property taxes, HVAC, and system repairs

• CAP approach

  CAP return

  Valuation

  6%

  $248,953

  6.5%

  $229,803

  7%

  $213,388

• Comparable approach

  Method

  Valuation

  Relative Method

  $189,593

  Geo Method

  $69,359

• Alternative Use

  Use

  Valuation

  Residential

  $284,955

  Hospitality

  $261,017

  Educational

  $217,163

  Medical

  $224,632

  Retail

  $337,810

Location Insight

City

Alpharetta

County

Fulton

State

Georgia

Latitude

34.0865

Longitude

-84.356

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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