This exceptional 7,000-square-foot commercial property, located at 3050 Mansell Road in Alpharetta, Georgia (zip code 30022), presents a unique investment opportunity. The building sits on a 0.952-acre lot and is zoned Ret. Its versatile design encompasses retail, office, and industrial uses, currently configured as a single-tenant space. The property features a combination of executive office and warehouse space, making it ideal for a variety of businesses. Currently, a portion of the building is leased to a restaurant, offering immediate income potential for an owner-occupant. The property's prime location in Alpharetta, near North Point Mall, ensures high visibility and accessibility. The building itself is well-maintained, minimizing immediate capital expenditure needs. While the property currently has no designated parking spaces, the ample lot size offers potential for future development. The property's Asset Parcel Number (APN) is 12 262006850342. This is a single-tenant building with no additional suites. This versatile property is perfect for an owner-occupant seeking a strategic location and a blend of office and warehouse space. Its proximity to North Point Mall provides excellent access to a large consumer base and significant foot traffic. The existing restaurant tenant provides a stable income stream, further enhancing the investment potential.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$3,227,578
6.5%
$2,979,303
7%
$2,766,496
Comparable approach
Method
Valuation
Relative Method
$4,213,725
Geo Method
$1,541,517
Alternative Use
Use
Valuation
Residential
$2,513,154
Hospitality
$2,302,035
Educational
$1,915,266
Medical
$1,981,135
Retail
$2,979,303
Location Insight
City
Alpharetta
County
Fulton
State
Georgia
Latitude
34.0379
Longitude
-84.2962
CBSA code
12060
CBSA name
ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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