1535 Oak Industrial LnCumming, GA 30041

  • Industrial properties
  • 12,500 SF
For Sale
$1,150,000 View listing

Property Details for 1535 Oak Industrial Ln

Year built
2000
Lot size
41.00 AC
Property size (Sq ft)
12,500 SF
Zone code
M1
Property type
Industrial properties
Property subtype
Other industrial properties
APN
132 103
APU
132103

Description

This exceptional investment opportunity presents a 6,250-square-foot flex building situated on a 0.154-acre lot at 1535 Oak Industrial Lane Unit 500, Cumming, GA 30041. Constructed in 2000, this single-unit building boasts a desirable location in a commercial and light industrial area, easily accessible off Ronald Reagan Blvd., near SR 400 and SR 141. The property features 20-foot ceilings and two dock-high doors, providing ample space for various industrial or commercial uses. Approximately 714 square feet of the building is dedicated to finished office space, complementing the substantial warehouse area. The property is currently tenant-occupied, generating a potential gross rental income of $75,000 annually. Zoned M-1 (Light Industrial), this warehouse offers a strong return on investment. The asking price for this well-maintained property is $1,150,000. This represents a compelling opportunity for investors seeking a stable, income-producing asset in a thriving Georgia market. The property's strategic location and functional design make it an attractive option for a wide range of businesses. Don't miss this chance to acquire a high-quality, tenant-occupied warehouse in a prime location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,510,931
    Hospitality
    $2,300,000
    Educational
    $1,913,573
    Medical
    $1,979,383
    Retail
    $2,976,668
1535 Oak Industrial Ln, Cumming, Georgia

Location Insight

City
Cumming
County
Forsyth
State
Georgia
Latitude
34.1565
Longitude
-84.1608
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
$16,555
$36,000
$639,120
$675,120
-
$90,000
$1,597,800
$1,687,800

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