1686 Roswell RdMarietta, GA 30062

Property Details for 1686 Roswell Rd

Year built

1986

Lot size

1.31 AC

Property size (Sq ft)

18,180 SF

Zone code

OI

Property type

Medical offices

Property subtype

Medical centers

APN

16117001130

APU

16117001130

Description

This exceptional three-story commercial building, totaling 18,180 square feet, presents a unique investment opportunity. Strategically located approximately one mile east of I-75 on Highway 120 (loop), and a third of a mile east on Highway 120/Roswell Road in Marietta, Georgia, this property boasts a prominent position within East Cobb County, offering easy access to downtown Atlanta. The building sits on a 1.31-acre lot (56,889 square feet) providing ample parking for approximately 40-45 vehicles. Each floor comprises 6,060 square feet. The terrace level (6,060 sq ft) features two bathrooms and underwent a complete remodel in 2018. The main floor (6,060 sq ft), currently occupied by a medical office, also includes two bathrooms and could become available with sufficient notice to the tenant. The upper floor (6,060 sq ft) is currently a shell space, ready for build-out to suit a new tenant's or owner's specifications. This presents an ideal opportunity for a medium-sized business seeking approximately 18,000 square feet of space in a convenient, high-visibility location. With proper notification, the owner will assist with the relocation of the current tenant to facilitate a seamless transition for the new buyer. Detailed floor plans and additional photographs are available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $4,005,276

  6.5%

  $3,697,178

  7%

  $3,433,094

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,050,272

  Geo Method

  $3,546,191

• Alternative Use

  Use

  Valuation

  Residential

  $4,584,500

  Hospitality

  $4,199,378

  Educational

  $3,493,833

  Medical

  $3,613,992

  Retail

  $5,434,852

Location Insight

City

Marietta

County

Cobb

State

Georgia

Latitude

33.9557

Longitude

-84.5017

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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