2387 Cobb DrSmyrna, GA 30080

Property Details for 2387 Cobb Dr

Year built

1963

Lot size

0.28 AC

Property size (Sq ft)

5,340 SF

Zone code

GC

Property type

Retail space

APN

17034700850

APU

17034700850

Description

This exceptional executive office suite, totaling 45 square feet, presents a unique opportunity for a single tenant. Located at the highly visible corner of S. Cobb Drive and Windy Hill in Smyrna, this property benefits from exceptional daily traffic counts exceeding 23,300 vehicles on S. Cobb Drive and 29,500 on Windy Hill. The 0.28-acre lot houses a single building with no shared suites, ensuring privacy and exclusivity. The GC zoning allows for a variety of uses, making it ideal for a professional office or small retail business. This prime location offers unparalleled visibility and exposure, surrounded by established national and regional tenants including Subway, McDonald's, Wells Fargo, SunTrust Bank, Walgreens, Starbucks, and Chick-fil-A, ensuring high foot traffic and brand recognition. The property itself offers no on-site parking. This compact yet strategically positioned space is perfect for a business seeking a high-impact presence in a thriving commercial area. The single-tenant occupancy ensures a focused and controlled environment. This is an excellent opportunity to establish a presence in a bustling and well-established commercial district.

• CAP approach

  CAP return

  Valuation

  6%

  $1,729,407

  6.5%

  $1,596,376

  7%

  $1,482,349

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,257,806

  Geo Method

  $2,624,884

• Alternative Use

  Use

  Valuation

  Residential

  $1,346,602

  Hospitality

  $1,233,481

  Educational

  $1,026,241

  Medical

  $1,061,536

  Retail

  $1,596,376

Location Insight

City

Smyrna

County

Cobb

State

Georgia

Latitude

33.895

Longitude

-84.5382

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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