555 Johnson Ferry RdMarietta, GA 30068

Property Details for 555 Johnson Ferry Rd

Year built

1950

Lot size

0.77 AC

Property size (Sq ft)

1,591 SF

Zone code

GC

Property type

Investment properties

Property subtype

Live-work space

APN

1007000110

APU

1007000110

Description

This exceptional single-story medical office building, situated on a 0.77-acre lot in Marietta, Georgia, presents a compelling investment opportunity. The 1,591-square-foot building, constructed in 1950, features a functional layout including a reception area, private offices, a conference room, break room, restrooms, and ample storage. Its location at 555 Johnson Ferry Rd offers excellent visibility and accessibility to major thoroughfares, making it ideal for various medical practices or professional services. The property is zoned General Commercial (GC) and boasts 16 parking spaces. Located in the desirable East Cobb area, known for its high-income residents, top-rated schools, and strong community spirit, this property benefits from proximity to shopping, parks, and healthcare facilities. The building's single-tenant occupancy and substantial lot size offer significant potential for future expansion or redevelopment within a thriving and stable real estate market. This prime commercial property represents a rare opportunity to establish or expand a business in a highly sought-after location, blending historical charm with modern functionality. The asking price is $1,200,000. The property's APN is 01-0070-0-011-0.

• CAP approach

  CAP return

  Valuation

  6%

  $313,209

  6.5%

  $289,116

  7%

  $268,465

• Comparable approach

  Method

  Valuation

  Relative Method

  $213,270

  Geo Method

  $97,656

• Alternative Use

  Use

  Valuation

  Residential

  $358,504

  Hospitality

  $328,388

  Educational

  $273,215

  Medical

  $282,611

  Retail

  $425,001

Location Insight

City

Marietta

County

Cobb

State

Georgia

Latitude

33.9621

Longitude

-84.4123

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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