2279 Cobb DrSmyrna, GA 30080

  • Retail properties
  • 5,000 SF
For Sale
$905,000 View listing

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 properties
Property subtype
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • 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
2279 Cobb Dr, Smyrna, Georgia

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

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
$6,615
$135,908
$107,652
$243,560
-
$339,770
$269,130
$608,900

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