2020 Grassland PkwyAlpharetta, GA 30004

Property Details for 2020 Grassland Pkwy

Year built

2004

Lot size

2.81 AC

Property size (Sq ft)

17,188 SF

Zone code

M1

Property type

Industrial properties

APN

040 138

APU

40138

Description

This exceptional 17,500-square-foot distribution facility in Alpharetta, Georgia, presents a rare owner-user opportunity. Located at 2020 Grassland Pkwy, Forsyth County, zip code 30004, this 2004-built industrial building boasts high-quality construction, including masonry exterior, 4 dock-high doors, and one grade-level door, plus ±22' clear heights. The property sits on a substantial 2.81-acre lot (APN 040 138), zoned M1, offering significant expansion capabilities and ample outdoor storage potential—a highly sought-after feature in this market. With a total building square footage of 122,404 square feet and a net rentable area of 17,500 square feet, the asking price is $3,675,000 ($210/sq ft). The land value is $30.02 per square foot. The property benefits from its irreplaceable location within one mile of State Route 9 and close proximity to GA-400, providing excellent access to major transportation arteries. This Alpharetta submarket is experiencing historically low vacancy rates and strong rental rate growth, making this a compelling investment for owner-occupiers seeking a high-quality, strategically located industrial asset with expansion potential. The limited supply of industrial space under 20,000 square feet in this area further underscores the unique value proposition of this property.

• Alternative Use

  Use

  Valuation

  Residential

  $3,452,631

  Hospitality

  $3,162,592

  Educational

  $2,631,239

  Medical

  $2,721,731

  Retail

  $4,093,038

Location Insight

City

Alpharetta

County

Forsyth

State

Georgia

Latitude

34.1422

Longitude

-84.2396

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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