4390 Cobb DrSmyrna, GA 30082

Property Details for 4390 Cobb Dr

Year built

2018

Lot size

1.34 AC

Property size (Sq ft)

12,620 SF

Zone code

NS

Property type

Day care centers & nurseries

APN

17062100210

APU

17062100210

Description

This exceptional .6-acre commercial property in Smyrna, Georgia, presents a unique opportunity for investors and developers. Located at 4390 South Cobb Drive SE, 30082, this pad-ready site is zoned for commercial use and offers significant potential for a retail or office building up to 4,000 square feet. The asking price is $850,000. Infrastructure is complete, including storm water management (quality and underground detention), all utilities to the pad, a completed curb cut and deceleration lane, curb and gutter work, and paved parking lot. This location boasts excellent visibility on South Cobb Drive, a major thoroughfare with a daily traffic count of 30,400 vehicles. The seller is open to a build-to-suit arrangement. This turnkey opportunity eliminates the complexities and delays often associated with site preparation, allowing for a swift and efficient development process. Seize this chance to establish a thriving business in a high-traffic area with all the necessary infrastructure already in place.

• CAP approach

  CAP return

  Valuation

  6%

  $2,717,782

  6.5%

  $2,508,722

  7%

  $2,329,528

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,435,017

  Geo Method

  $2,830,906

• Alternative Use

  Use

  Valuation

  Residential

  $3,182,420

  Hospitality

  $2,915,080

  Educational

  $2,425,312

  Medical

  $2,508,722

  Retail

  $3,772,708

Location Insight

City

Smyrna

County

Cobb

State

Georgia

Latitude

33.8465

Longitude

-84.5056

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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