131 Village PkwyMarietta, GA 30067

Property Details for 131 Village Pkwy

Lot size

0.14 AC

Zone code

R-40

Property type

Office properties

Property subtype

Other office properties

APN

1007300160

APU

1007300160

Description

This exceptional Marietta, GA office property, located at 131 Village Parkway NE, Building 4, offers 6,000 square feet of flexible space, perfect for a variety of businesses. The building, constructed in 1982 and boasting a Class C rating, features three stories with 10-foot ceilings and is situated on a 0.02-acre lot. The property is zoned C2 and designated as an Office Condo, providing multiple tenancy options ranging from 1,000 to 6,000 contiguous square feet. Currently, all 6,000 square feet are vacant and ready for immediate occupancy. The building includes three suites, each offering at least four office spaces, storage closets, a break room/storage area, and two bathrooms. A reception area is also available. Amenities include ample parking (25+ spaces), three separate entrances, and a community association that covers water, trash, sewer, and exterior maintenance. Tenants are responsible for all other utilities and services. The property's convenient location within the Villages at Papermill offers easy access to a variety of professional offices, restaurants, services, and stores. The building's features include a main-level entrance for easy access, and lower-level amenities such as a large training room equipped with a white screen and projectors. Property taxes are $1.20 per square foot. This is an excellent opportunity to secure a well-maintained office space in a prime Marietta location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,186,493

  6.5%

  $1,095,225

  7%

  $1,016,994

• Comparable approach

  Method

  Valuation

  Relative Method

  $807,904

  Geo Method

  $369,937

• Alternative Use

  Use

  Valuation

  Residential

  $1,358,078

  Hospitality

  $1,243,993

  Educational

  $1,034,987

  Medical

  $1,070,582

  Retail

  $1,609,980

Location Insight

City

Marietta

County

Cobb

State

Georgia

Latitude

33.9499

Longitude

-84.4146

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].