255 Village PkwyMarietta, GA 30067

  • Office properties
  • 54,289 SF
For Lease

Property Details for 255 Village Pkwy

Year built
1983
Lot size
6.13 AC
Property size (Sq ft)
54,289 SF
Zone code
NRC
Property type
Office properties
Property subtype
Office buildings
APN
1007300250
APU
1007300250

Description

This exceptional retail opportunity is located at 255 Village Parkway in Marietta, Georgia, within the vibrant Paper Mill Village. The property offers a total of 51,712 square feet of commercial space, with multiple units currently available for lease. Individual spaces range from a minimum of 990 square feet to a maximum contiguous space of 3,487 square feet, providing flexibility for a variety of retail businesses. Currently, there are 7,515 square feet of vacant space ready for immediate occupancy. The property is situated in Cobb County, Georgia, with a convenient zip code of 30067. This location offers excellent visibility and accessibility, making it an ideal choice for businesses seeking high foot traffic and strong community presence. The property's multiple tenancy structure provides a diverse and thriving retail environment. Interested parties are encouraged to inquire about available space and lease terms. This is a prime opportunity to establish or expand your retail presence in a desirable Marietta location. The property is categorized as retail commercial space.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $10,687,495
    6.5%
    $9,865,380
    7%
    $9,160,710
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,277,306
    Geo Method
    $3,332,259
  • Alternative Use

    Use
    Valuation
    Residential
    $12,233,072
    Hospitality
    $11,205,428
    Educational
    $9,322,784
    Medical
    $9,643,409
    Retail
    $14,502,109
255 Village Pkwy, Marietta, Georgia

Location Insight

City
Marietta
County
Cobb
State
Georgia
Latitude
33.9507
Longitude
-84.4132
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
$83,817
$1,830,976
$949,024
$2,780,000
-
$4,577,440
$2,372,560
$6,950,000

FAQs

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