3040 Highlands PkwySmyrna, GA 30082

Property Details for 3040 Highlands Pkwy

Year built

2005

Lot size

0.03 AC

Property size (Sq ft)

1,137 SF

Zone code

OD

Property type

Office properties

APN

17068800730

APU

17068800730

Description

This single-tenant office condominium, located at 3040 Highlands Pkwy SE, Suite E, Smyrna, GA 30082, offers 1,100 square feet of versatile space in a one-story building constructed in 2005. The property sits on 0.02 acres and is part of a four-building complex. Its OI zoning makes it suitable for a variety of office uses. The unit's layout is designed for optimal functionality and flexibility, accommodating diverse business needs. Its location in the Smyrna submarket of Georgia provides convenient access to I-285. The space has proven adaptable, successfully housing various businesses over the years. This presents a unique opportunity for businesses seeking a dynamic and functional workspace to support their growth. The property's single-tenant occupancy ensures privacy and control. The asking rate is $22 per square foot per year. This well-maintained property offers a compelling combination of location, functionality, and adaptability, making it an ideal choice for businesses looking to establish or expand their presence in the thriving Smyrna market.

• CAP approach

  CAP return

  Valuation

  6%

  $250,495

  6.5%

  $231,226

  7%

  $214,710

• Comparable approach

  Method

  Valuation

  Relative Method

  $190,768

  Geo Method

  $221,783

• Alternative Use

  Use

  Valuation

  Residential

  $286,720

  Hospitality

  $262,634

  Educational

  $218,509

  Medical

  $226,024

  Retail

  $339,902

Location Insight

City

Smyrna

County

Cobb

State

Georgia

Latitude

33.8285

Longitude

-84.4958

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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