3890 Johns Creek PkwySuwanee, GA 30024

  • Medical offices
  • 51,660 SF

Property Details for 3890 Johns Creek Pkwy

Year built
1999
Lot size
2.66 AC
Property size (Sq ft)
51,660 SF
Zone code
CBD
Property type
Medical offices
Property subtype
Medical centers
APN
140 041
APU
140041

Description

This exceptional Class B medical office building, situated at 3890 Johns Creek Parkway in Suwanee, Georgia, offers a prime opportunity for medical professionals. The property boasts a total of 52,090 square feet and is conveniently located in the heart of Johns Creek, just off McGinnis Ferry Road, providing excellent visibility and accessibility. Currently, there is one suite available, totaling 1,344 square feet, perfect for a variety of medical practices. The building features a multi-tenant occupancy structure within Gwinnett County. This presents a unique chance to establish or expand a medical practice in a thriving community. The building's strategic location ensures high traffic volume and easy access for patients. The 1,344 square foot space is ready for immediate occupancy and offers a versatile layout adaptable to various medical specialties. The property's Class B designation reflects its well-maintained condition and functional design. With its convenient location and ample space, this medical office building presents a compelling investment opportunity in a high-demand market. The zip code is 30024. The property is located at 34.0677619 latitude and -84.1627206 longitude.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $9,066,082
    6.5%
    $8,368,691
    7%
    $7,770,928
  • Comparable approach

    Method
    Valuation
    Relative Method
    $10,076,800
    Geo Method
    $10,076,800
  • Alternative Use

    Use
    Valuation
    Residential
    $10,377,177
    Hospitality
    $9,505,438
    Educational
    $7,908,413
    Medical
    $8,180,396
    Retail
    $12,301,976

Location Insight

City
Suwanee
County
Forsyth
State
Georgia
Latitude
34.0677
Longitude
-84.1629
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
$116,749
$478,800
$2,709,360
$3,188,160
-
$1,197,000
$6,773,400
$7,970,400

FAQs

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