2387 Cobb DrSmyrna, GA 30080

  • Retail properties
  • 5,340 SF
For Lease
$120/SF/YR View listing

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 properties
Property subtype
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • 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
2387 Cobb Dr, Smyrna, Georgia

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

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
$4,128
$81,544
$70,456
$152,000
-
$203,860
$176,140
$380,000

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