1170 Grimes Bridge RdRoswell, GA 30075

Property Details for 1170 Grimes Bridge Rd

Year built

1984

Construction

WOOD

Lot size

0.02 AC

Property size (Sq ft)

768 SF

Zone code

R1

Property type

Office properties

Property subtype

Other office properties

APN

12 209404880033

APU

12209404880033

Description

This move-in ready executive office condo, located at 1170 Grimes Bridge Road Unit 200 in Roswell, Georgia, is priced at $199,900. Built in 1984, this 0.017-acre property is situated in a prime location just off Haynes Bridge Road, within a 35-unit office condo park. The unit has recently undergone renovations, boasting new luxury vinyl plank (LVP) flooring and ceiling tiles. Upgrades also include a new granite sink station and a refreshed bathroom. Ideal for a small business or those seeking a professional out-of-home office space, this property offers a compelling opportunity. Monthly CAM fees of $150 cover trash removal, water, common area maintenance, and common area insurance. Investors will appreciate the absence of rent restrictions. The property's address is 1170 Grimes Bridge Road, Unit 200, Roswell, GA 30075, within Fulton County. This is a fantastic opportunity to acquire a well-maintained, updated office space in a highly desirable location. The property is categorized as an executive office and offers a convenient and professional environment for various business needs. The absence of a cap rate indicates the potential for strong returns on investment. The unit is part of a well-maintained office condo park, providing a secure and professional setting.

• CAP approach

  CAP return

  Valuation

  6%

  $169,200

  6.5%

  $156,184

  7%

  $145,028

• Comparable approach

  Method

  Valuation

  Relative Method

  $128,856

  Geo Method

  $47,140

• Alternative Use

  Use

  Valuation

  Residential

  $193,669

  Hospitality

  $177,399

  Educational

  $147,594

  Medical

  $152,670

  Retail

  $229,591

Location Insight

City

Roswell

County

Fulton

State

Georgia

Latitude

34.0307

Longitude

-84.3431

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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