1686 Roswell RdMarietta, GA 30062

  • Healthcare properties
  • 18,180 SF
For Sale
$2,200,000 View listing

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
Healthcare properties
Property subtype
Medical offices
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • 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
1686 Roswell Rd, Marietta, Georgia

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

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
$4,738
$250,720
$309,360
$560,080
-
$626,800
$773,400
$1,400,200

FAQs

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