6247 Joe Frank Harris PkwyAdairsville, GA 30103

Property Details for 6247 Joe Frank Harris Pkwy

Year built

1940

Lot size

0.51 AC

Property size (Sq ft)

2,419 SF

Zone code

C1

Property type

Office properties

Property subtype

Other office properties

APN

A002-0007-028

APU

A0020007028

Description

This exceptional 2,404 square foot executive office building, located at 6247 Joe Frank Harris Parkway in Adairsville, Georgia, presents a unique investment opportunity. Built in 1940, the property boasts a highly desirable location with 243 feet of frontage on Joe Frank Harris Parkway, offering excellent visibility and accessibility. Situated on a 0.51-acre lot, it's conveniently located just 1.25 miles from I-75 and a quarter-mile from Highway 140, ensuring easy commutes for employees and clients. The building's interior comprises eight individual offices and two restrooms, providing ample space for a variety of business needs. Previously used as a chiropractic office, the space is adaptable to various professional uses. The asking price is $435,000, with a triple net lease (NNN) rate of $15 per square foot. Operating expenses are estimated at $2.25 per square foot. This property offers a strong potential for return on investment due to its prime location and versatile layout. The property is zoned for retail and office use, making it suitable for a wide range of businesses. The building's prominent location on a busy highway ensures high traffic volume and excellent exposure. This is a rare opportunity to acquire a well-positioned commercial property in a growing area.

• CAP approach

  CAP return

  Valuation

  6%

  $511,629

  6.5%

  $472,273

  7%

  $438,539

• Comparable approach

  Method

  Valuation

  Relative Method

  $394,031

  Geo Method

  $471,850

• Alternative Use

  Use

  Valuation

  Residential

  $585,618

  Hospitality

  $536,423

  Educational

  $446,298

  Medical

  $461,647

  Retail

  $694,241

Location Insight

City

Adairsville

County

Bartow

State

Georgia

Latitude

34.3745

Longitude

-84.9314

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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