2950 Angellette DrAustell, GA 30106

  • Industrial properties
  • 10,615 SF
For Sale
$1,800,000 View listing

Property Details for 2950 Angellette Dr

Year built
1975
Lot size
1.73 AC
Property size (Sq ft)
10,615 SF
Zone code
HI
Property type
Industrial properties
Property subtype
Manufacturing properties
APN
19093900150
APU
19093900150

Description

This exceptional investment opportunity presents a 10,615-square-foot warehouse situated on a spacious 1.73-acre lot in Austell, Georgia. The property, located at 2950 Angellette Dr, 30106, is zoned HI and offers a compelling sale-leaseback arrangement. The pre-engineered metal building features a single tenant occupancy, convenient front loading, and boasts impressive specifications including a 23-foot clear ceiling height. Functionality is maximized with five drive-in doors and two dock platforms, ensuring efficient loading and unloading. The warehouse is equipped for heavy industrial use, featuring ample paved outside storage and six cranes: one five-ton, one three-ton, and four one-ton cranes, all with a 20-foot clear under hook. The asking price is $1,800,000, representing an attractive 8.00% cap rate. This property presents a strong return on investment with its strategic location in Cobb County and its robust infrastructure. The sale-leaseback structure provides a secure income stream and minimizes vacancy risk. This is an ideal opportunity for investors seeking a stable, high-yield industrial asset. Contact us today to learn more about this exceptional property.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,569,798
    Hospitality
    $2,353,921
    Educational
    $1,958,434
    Medical
    $2,025,788
    Retail
    $3,046,454
2950 Angellette Dr, Austell, Georgia

Location Insight

City
Austell
County
Cobb
State
Georgia
Latitude
33.8524
Longitude
-84.6385
CBSA code
12060
CBSA name
ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,222
$91,136
$205,200
$296,336
-
$227,840
$205,200
$433,040

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