4901 Olde Towne PkwyMarietta, GA 30068

Property Details for 4901 Olde Towne Pkwy

Year built

1998

Lot size

2.15 AC

Property size (Sq ft)

27,648 SF

Zone code

OS

Property type

Office buildings

APN

1008600470

APU

1008600470

Description

This exceptional Class A, three-story executive office building, located at 4901 Olde Towne Parkway in Marietta, Georgia (zip code 30068), presents a compelling owner-user or investment opportunity. Boasting 25,800 square feet of space, the building currently enjoys 95% occupancy. The asking price is $4,000,000, translating to a price per square foot of $155.04. Completely renovated in 2018, the property features a multi-tenant configuration and offers a private setting with ample parking. Security features include a secured building and private entrances accessible from the terrace level. A passenger elevator provides convenient access to all three floors. The building's prime location in East Cobb offers easy access to major thoroughfares and nearby amenities. Its strategic position directly across from the new Northside Hospital East Cobb Medical Campus and in close proximity to the Wellstar Health East Cobb Center makes it highly desirable. The newly renovated lobbies add to the building's sophisticated appeal. Convenient access to Sandy Springs, Roswell, and the Perimeter area further enhances its desirability. This is a rare opportunity to acquire a high-quality, well-located office building in a thriving market.

• CAP approach

  CAP return

  Valuation

  6%

  $5,442,868

  6.5%

  $5,024,186

  7%

  $4,665,316

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,706,146

  Geo Method

  $1,697,034

• Alternative Use

  Use

  Valuation

  Residential

  $6,229,990

  Hospitality

  $5,706,638

  Educational

  $4,747,856

  Medical

  $4,911,142

  Retail

  $7,385,554

Location Insight

City

Marietta

County

Cobb

State

Georgia

Latitude

33.9695

Longitude

-84.4093

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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