860 Concord RdSmyrna, GA 30080

  • Mixed-use properties
  • 1,092 SF
For Sale
$650,000 View listing

Property Details for 860 Concord Rd

Year built
1963
Lot size
0.32 AC
Property size (Sq ft)
1,092 SF
Zone code
GC
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
17041300250
APU
17041300250

Description

This exceptional retail property, located at 860 Concord Rd SE in Smyrna, Georgia (zip code 30080), presents a lucrative investment opportunity. Priced at $650,000, this QSR/fast-food ready building offers an ideal setup for a thriving business. The property boasts a significant advantage with over 30 parking spaces conveniently located in the rear, ensuring ample customer parking. A key feature is the inclusion of a wrap-around drive-thru window, perfectly suited for quick and efficient service, maximizing customer convenience and throughput. The building's location within Cobb County, Georgia, makes it easily accessible and highly visible to potential customers. This property is zoned for retail use, making it suitable for a variety of restaurant concepts, from quick-service restaurants to other food-related businesses. The strategic location and convenient features make this a compelling investment opportunity for those seeking a high-return property in a desirable market. The property's address is easily verifiable through standard mapping services using the provided latitude and longitude coordinates (33.87471356012907, -84.52835375473846). This turnkey solution offers immediate potential for a successful business venture.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $240,581
    6.5%
    $222,075
    7%
    $206,212
  • Comparable approach

    Method
    Valuation
    Relative Method
    $183,218
    Geo Method
    $213,006
  • Alternative Use

    Use
    Valuation
    Residential
    $275,373
    Hospitality
    $252,240
    Educational
    $209,861
    Medical
    $217,078
    Retail
    $326,450
860 Concord Rd, Smyrna, Georgia

Location Insight

City
Smyrna
County
Cobb
State
Georgia
Latitude
33.8746
Longitude
-84.5285
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
$3,495
$99,460
$29,240
$128,700
-
$248,650
$73,100
$321,750

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