16 Oak StRoswell, GA 30075

Property Details for 16 Oak St

Year built

1950

Construction

WOOD

Lot size

0.16 AC

Property size (Sq ft)

914 SF

Zone code

I1

Property type

Office buildings

APN

12 191304140488

APU

12191304140488

Description

This exceptional 1,750 square foot commercial property, located at 16 Oak St in Roswell's desirable submarket, presents a unique opportunity for a single tenant. The building, a Class B property, boasts a recent 2024 renovation, offering modern and updated interiors. The two-story structure features a total of 10 parking spaces for convenient access. The entire 1,750 square feet is currently vacant and ready for immediate occupancy. Situated on a 0.35-acre lot, the building is zoned NX and offers flexibility for various office uses, including creative, traditional, and medical office spaces. The monthly rent is $4,000. Tenants are responsible for their own insurance covering liability and damages, as well as property taxes for the City of Roswell and Fulton County. The tenant will also reimburse the owner for their property insurance. This stand-alone building provides excellent visibility and accessibility, making it an ideal location for businesses seeking a prime Roswell address. The property's convenient location on Oak Street, near Atlanta St, ensures easy access to major transportation routes and local amenities. Don't miss this chance to secure this fully renovated and updated office space in the heart of Roswell.

• CAP approach

  CAP return

  Valuation

  6%

  $201,365

  6.5%

  $185,876

  7%

  $172,599

• Comparable approach

  Method

  Valuation

  Relative Method

  $153,353

  Geo Method

  $56,101

• Alternative Use

  Use

  Valuation

  Residential

  $230,486

  Hospitality

  $211,124

  Educational

  $175,653

  Medical

  $181,694

  Retail

  $273,237

Location Insight

City

Roswell

County

Fulton

State

Georgia

Latitude

34.0201

Longitude

-84.3611

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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