1005 Union Hill RdAlpharetta, GA 30004

  • Industrial properties
  • 35,880 SF

Property Details for 1005 Union Hill Rd

Year built
2001
Lot size
2.80 AC
Property size (Sq ft)
35,880 SF
Zone code
M1
Property type
Industrial properties
APN
042 015
APU
42015

Description

This exceptional 36,840 square foot multi-tenant industrial property, located at 1005-1015 Union Hill Rd, Alpharetta, GA 30004, offers a diverse range of flexible spaces ideal for various businesses. Built in 2001, the property features 26 individual suites, ranging from a minimum of 500 square feet to a maximum contiguous space of 5,000 square feet. Each unit boasts a convenient drive-in garage door and impressive 18-foot ceilings, providing ample space for storage and operations. The flexible design incorporates office space in the front and warehouse/storage space in the rear, catering to a variety of operational needs. The property is zoned M-1 and situated in Forsyth County, offering excellent visibility and accessibility with convenient access to Highway 400. Furthermore, the property includes over half an acre of outdoor storage space, adding significant value and utility. This prime location and versatile space make it an ideal choice for businesses seeking a functional and strategically located facility. The property is classified as Industrial, Office, with subtypes including Flex, Warehouse, and service.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $13,812,300
    6.5%
    $12,749,800
    7%
    $11,839,100
  • Comparable approach

    Method
    Valuation
    Relative Method
    $11,198,000
    Geo Method
    $11,198,000
  • Alternative Use

    Use
    Valuation
    Retail / Commercial
    $6,580,960
    Mixed-Use / Specialty
    $6,591,320
    Hospitality / Lodging
    $4,879,870
    Office
    $6,587,390
    Institutional / Educational
    $6,864,400
    Residential Income
    $8,031,350
    Multifamily
    $9,444,870
    Automotive / Energy
    $5,883,770
    Parking / Income-Based Land
    $1,997,000
    Restaurant / Food Service
    $3,500,380
    Healthcare / Senior Housing
    $6,724,590

Location Insight

City
Alpharetta
County
Forsyth
State
Georgia
Latitude
34.123
Longitude
-84.2327
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
$41,208
$378,000
$1,368,704
$1,746,704
-
$945,000
$3,421,759
$4,366,759

FAQs

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