848 Cobb DrMarietta, GA 30060

Property Details for 848 Cobb Dr

Year built

1948

Lot size

0.29 AC

Property size (Sq ft)

1,860 SF

Zone code

GC

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

17022000140

APU

17022000140

Description

This Marietta, GA commercial property, located at 848 S Cobb Dr, offers 1,957 square feet of versatile space, ideal for retail or office use. The single-story, 1948-built building sits on a 0.29-acre lot and boasts 11 parking spaces, a significant advantage given its high-traffic location on S Cobb Dr (38,200 vehicles per day). Zoned GC (General Commercial), it allows for a wide range of commercial uses. The property has a rich history, having housed a successful retail business for 44 years. Its prime location offers easy access to Lockheed Martin/Dobbins ARB (0.25 miles away) and Chattahoochee Tech (one block north). The building presents an excellent opportunity for a business seeking a well-established location with ample parking and high visibility. The asking price is $745,000. The property is classified as Class C and features a mix of creative, executive, and traditional office subtypes.

• CAP approach

  CAP return

  Valuation

  6%

  $409,781

  6.5%

  $378,259

  7%

  $351,241

• Comparable approach

  Method

  Valuation

  Relative Method

  $312,074

  Geo Method

  $362,812

• Alternative Use

  Use

  Valuation

  Residential

  $469,041

  Hospitality

  $429,639

  Educational

  $357,455

  Medical

  $369,748

  Retail

  $556,041

Location Insight

City

Marietta

County

Cobb

State

Georgia

Latitude

33.9324

Longitude

-84.5495

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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