1306 Concord RdSmyrna, GA 30080

Property Details for 1306 Concord Rd

Year built

1910

Construction

FRAME

Lot size

0.40 AC

Property size (Sq ft)

1,987 SF

Zone code

CBD

Property type

Investment properties

Property subtype

Live-work space

APN

17052300250

APU

17052300250

Description

This exceptional 1,987-square-foot commercial property, located at 1306 Concord Rd SE in Smyrna, Georgia, 30080, presents a unique leasing opportunity. Situated in the Central Business District (CBD), this single-tenant space boasts high visibility due to its location on Concord Rd SE, which sees 23,343 vehicles per day. The building, constructed in 1910 and recently renovated, offers a blend of traditional and creative office space, making it suitable for a variety of businesses. The layout includes five private offices, a reception area, a break room, and a private restroom. The property sits on 0.4 acres of land and features a building floor area ratio (FAR) of 6.03. Ample parking is provided with 12 spaces available on-site. This one-story building offers a versatile space ideal for businesses seeking a prominent location in a thriving area with easy access to Downtown Smyrna. The property is zoned for Central Business District (CBD) uses, allowing for a range of potential tenants. This is an excellent opportunity to secure a well-maintained, conveniently located commercial space in a high-traffic area.

• CAP approach

  CAP return

  Valuation

  6%

  $437,760

  6.5%

  $404,086

  7%

  $375,223

• Comparable approach

  Method

  Valuation

  Relative Method

  $333,382

  Geo Method

  $387,584

• Alternative Use

  Use

  Valuation

  Residential

  $501,067

  Hospitality

  $458,975

  Educational

  $381,862

  Medical

  $394,995

  Retail

  $594,007

Location Insight

City

Smyrna

County

Cobb

State

Georgia

Latitude

33.8799

Longitude

-84.5158

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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