2256 Rockbridge RdStone Mountain, GA 30087

Property Details for 2256 Rockbridge Rd

Year built

1964

Construction

WOOD

Lot size

2.75 AC

Property size (Sq ft)

1,846 SF

Zone code

OI-OFFICE-INSTITUTIONAL

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

6-058 -013

APU

6058013

Description

This exceptional two-story, 1,846 sq ft Class B office building presents a unique investment opportunity in Stone Mountain, GA. Situated on a generous 2.75-acre lot, this property offers significant potential for future development. Built in 1964 and renovated in 2004, the building features one unit and boasts a new roof (2022). Its prime location offers easy access to major highways including Hwy 78, I-20, I-85, and I-285, ensuring effortless commuting. Enjoy proximity to stunning parks like Stone Mountain, Deshong, and Yellow River, as well as the Stone Mountain Golf Club. The property's strategic location near the Amazon Business Center and a new Costco development adds to its appeal. This versatile property, suitable for executive, medical, or traditional office use, is only 45 minutes from Atlanta, combining suburban tranquility with urban accessibility. The property's APN is 6-058-013. This is a rare opportunity to acquire a well-maintained office building with substantial land for future expansion in a rapidly growing area. Asking price: $949,000.

• CAP approach

  CAP return

  Valuation

  6%

  $396,639

  6.5%

  $366,128

  7%

  $339,976

• Comparable approach

  Method

  Valuation

  Relative Method

  $360,081

  Geo Method

  $360,081

• Alternative Use

  Use

  Valuation

  Residential

  $453,999

  Hospitality

  $415,861

  Educational

  $345,991

  Medical

  $357,890

  Retail

  $538,208

Location Insight

City

Stone Mountain

County

Gwinnett

State

Georgia

Latitude

33.8179

Longitude

-84.1058

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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