2279 Cobb DrSmyrna, GA 30080

Property Details for 2279 Cobb Dr

Year built

1999

Lot size

0.60 AC

Property size (Sq ft)

5,000 SF

Zone code

GC

Property type

Retail space

APN

17034700620

APU

17034700620

Description

This exceptional 5,000 square foot commercial building in Smyrna, Georgia, is available for $905,000 ($181/SF). Situated on a 0.6-acre lot, this free-standing structure boasts a prime location on S Cobb Drive SE, enjoying high visibility and exposure to approximately 30,500 vehicles daily. The building has been recently renovated and offers a versatile layout combining approximately 2,000 square feet of office space with private offices and open work areas, and approximately 3,000 square feet of warehouse space. The property features a new HVAC system, including 3-ton and 5-ton units, ensuring optimal climate control. Zoned General Commercial (City of Smyrna), this property allows for a wide range of commercial uses. The building is currently vacant and offered as a NNN lease. This is a rare opportunity to acquire a well-maintained, high-traffic commercial property in a thriving area of Cobb County, Georgia. The address is 2279 S Cobb Dr SE, Smyrna, GA 30080.

• CAP approach

  CAP return

  Valuation

  6%

  $1,619,295

  6.5%

  $1,494,734

  7%

  $1,387,967

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,114,050

  Geo Method

  $2,457,756

• Alternative Use

  Use

  Valuation

  Residential

  $1,260,864

  Hospitality

  $1,154,944

  Educational

  $960,900

  Medical

  $993,947

  Retail

  $1,494,734

Location Insight

City

Smyrna

County

Cobb

State

Georgia

Latitude

33.8979

Longitude

-84.5392

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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