3540 Cobb PkwyAcworth, GA 30101

Property Details for 3540 Cobb Pkwy

Year built

2009

Lot size

1.17 AC

Property size (Sq ft)

17,844 SF

Zone code

NRC

Property type

Healthcare properties

Property subtype

Medical offices

APN

20010900210

APU

20010900210

Description

This exceptional three-story medical office building, totaling 18,000 square feet, presents a unique investment opportunity in Acworth, Georgia. Situated on a one-acre lot at 3540 Cobb Pkwy NW, 30101, this Class B property boasts excellent visibility and accessibility, benefiting from its location on Cobb Parkway, a high-traffic thoroughfare with approximately 46,000 vehicles per day, and a signalized intersection. The building, constructed in 2009, features two suites, with 6,000 square feet currently available for lease. Ample parking is provided, with a ratio of 4.2 spaces per 1,000 square feet. The property is located in the Kennesaw/Town Center submarket of Cobb County and offers prominent building and monument signage opportunities, ensuring high visibility for tenants. This is an ideal location for medical practices seeking a well-maintained, conveniently located space with strong visibility in a thriving community. The building's multiple tenancy structure offers flexibility and potential for diverse medical practices. The available space presents a significant opportunity for expansion or establishment of a new medical practice.

• CAP approach

  CAP return

  Valuation

  6%

  $3,774,084

  6.5%

  $3,483,770

  7%

  $3,234,929

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,906,609

  Geo Method

  $3,480,651

• Alternative Use

  Use

  Valuation

  Residential

  $4,319,874

  Hospitality

  $3,956,982

  Educational

  $3,292,162

  Medical

  $3,405,385

  Retail

  $5,121,142

Location Insight

City

Acworth

County

Cobb

State

Georgia

Latitude

34.0411

Longitude

-84.6929

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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