282 Rucker RdAlpharetta, GA 30004

Property Details for 282 Rucker Rd

Year built

2010

Lot size

1.28 AC

Property size (Sq ft)

8,710 SF

Zone code

OI

Property type

Office buildings

APN

22 387012390170

APU

22387012390170

Description

This exceptional 1,400 square foot office space, situated in a highly desirable location between the affluent communities of Milton, Alpharetta, and Roswell, presents a unique investment opportunity. Currently configured as a general office, this space is ideally suited for conversion into a medical office, aligning perfectly with the building's strategic repositioning as a medical center. An oral surgeon and primary care practice are already established within the building, creating a synergistic environment. The property boasts a total building size of 2,800 square feet, with the potential for expansion into an adjacent 1400 square foot space in mid-2025, providing a total of 2,800 square feet. This expansion opportunity allows for significant growth and customization to meet specific tenant needs. Tenant improvement allowances (TI) will be offered based on a mutually agreeable agreement. The single-tenant building sits on a 1.28-acre lot and is zoned OI. The property features a single suite within a single building, and while there are currently no designated parking spaces, ample parking solutions can be explored. The Assessor's Parcel Number (APN) is 22 387012390170. This property offers a blend of immediate occupancy and future expansion potential in a thriving, affluent area. Don't miss this chance to secure a prime location for your business.

• CAP approach

  CAP return

  Valuation

  6%

  $1,918,919

  6.5%

  $1,771,310

  7%

  $1,644,788

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,461,379

  Geo Method

  $534,620

• Alternative Use

  Use

  Valuation

  Residential

  $2,196,425

  Hospitality

  $2,011,913

  Educational

  $1,673,888

  Medical

  $1,731,456

  Retail

  $2,603,826

Location Insight

City

Alpharetta

County

Fulton

State

Georgia

Latitude

34.0782

Longitude

-84.3543

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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