2400 Lake Park DrSmyrna, GA 30080
- Office properties
- 109,872 SF
Property Details for 2400 Lake Park Dr
- Year built
- 1981
- Lot size
- 3.23 AC
- Property size (Sq ft)
- 109,872 SF
- Zone code
- MU
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 17078000080
- APU
- 17078000080
Description
This exceptional four-story Class B office building, located at 2400 Lake Park Drive in Smyrna, Georgia, offers a prime opportunity for businesses seeking executive office space in the desirable Cumberland/Galleria submarket. The property boasts a total of 102,197 square feet, situated on a generous 9.5-acre lot. Currently, there is 30,825 square feet of vacant space available, divisible into units as small as 1,200 square feet and offering contiguous spaces up to 9,456 square feet. Built in 1983, the building provides ample parking with a ratio of 4 spaces per 1,000 square feet. The property's location in Cobb County, zip code 30080, offers convenient access to major transportation routes and amenities. This multi-tenant building presents a versatile solution for companies of various sizes, seeking modern executive office space in a thriving business district. The building's substantial size and flexible lease options make it an ideal choice for businesses looking to expand or establish a presence in this highly sought-after area of metro Atlanta. Inquire today to learn more about this exceptional leasing opportunity.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $21,629,732
- 6.5%
- $19,965,906
- 7%
- $18,539,770
-
Comparable approach
- Method
- Valuation
- Relative Method
- $14,728,070
- Geo Method
- $21,431,632
-
Alternative Use
- Use
- Valuation
- Residential
- $24,757,724
- Hospitality
- $22,677,942
- Educational
- $18,867,782
- Medical
- $19,516,674
- Retail
- $29,349,882
Location Insight
- City
- Smyrna
- County
- Cobb
- State
- Georgia
- Latitude
- 33.897
- Longitude
- -84.4836
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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