1453 Terrell Mill RdMarietta, GA 30067

  • Retail properties
  • 80,645 SF
For Lease

Property Details for 1453 Terrell Mill Rd

Year built
2011
Lot size
8.38 AC
Property size (Sq ft)
80,645 SF
Zone code
PSC
Property type
Retail properties
Property subtype
Strip malls
APN
17092300160
APU
17092300160

Description

This 8,900 square foot multi-tenant retail property located at 1453 Terrell Mill Road in Marietta, Georgia, offers a fantastic opportunity for businesses seeking a vibrant commercial location. Currently, 1,400 square feet of retail space is available for lease within this established center in Cobb County. The property is categorized as Street Retail, providing excellent visibility and accessibility for customers. The building's total size is 8,900 square feet, indicating a well-established and potentially thriving retail environment. The address is conveniently situated in Marietta, Georgia, zip code 30067, offering easy access to local amenities and a strong customer base. This property presents a unique chance to establish or expand a retail business in a high-traffic area. The available space is ideal for a variety of retail uses, and its location within a larger commercial center provides potential for synergy and shared customer traffic. The 1,400 square foot space offers ample room for customization to suit specific business needs. Interested parties are encouraged to inquire about lease terms and availability. This is a prime opportunity to secure a well-located retail space in a thriving Marietta community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $23,337,744
    6.5%
    $21,542,534
    7%
    $20,003,780
  • Comparable approach

    Method
    Valuation
    Relative Method
    $27,241,862
    Geo Method
    $39,641,148
  • Alternative Use

    Use
    Valuation
    Residential
    $18,171,932
    Hospitality
    $16,645,393
    Educational
    $13,848,771
    Medical
    $14,325,052
    Retail
    $21,542,534
1453 Terrell Mill Rd, Marietta, Georgia

Location Insight

City
Marietta
County
Cobb
State
Georgia
Latitude
33.9163
Longitude
-84.4676
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
$195,600
$2,308,168
$3,691,832
$6,000,000
-
$5,770,420
$9,229,580
$15,000,000

FAQs

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