2400 Lake Park DrSmyrna, GA 30080

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 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.

• 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

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