609 Bankhead HwyCarrollton, GA 30117

Property Details for 609 Bankhead Hwy

Year built

1988

Construction

STEEL FRAME

Lot size

1.88 AC

Property size (Sq ft)

2,880 SF

Zone code

C2

Property type

Banks

APN

C04-007-0020

APU

C040070020

Description

This exceptional commercial property, located at 609 Bankhead Highway in Carrollton, Georgia, presents a unique opportunity for businesses seeking high visibility and ample space. Boasting nearly 12,000 square feet of versatile floorplan, this building sits on a prominent corner lot along the bustling Highway 61, the main thoroughfare leading to downtown Carrollton. Its strategic location ensures maximum exposure to a high volume of daily traffic. The building features an elevator providing convenient access to the upper floor, enhancing functionality and accessibility. The current layout is adaptable, allowing for creative modifications to suit a variety of business needs and configurations. The property also includes a significant amount of on-site parking, addressing the crucial need for convenient customer and employee parking. With 1.88 acres of land, there is potential for future expansion or outdoor amenities. The asking price is $1,900,000. This property is ideal for businesses seeking a high-profile location with substantial space and excellent accessibility. Don't miss this chance to secure a prime commercial space in a thriving Georgia community.

• CAP approach

  CAP return

  Valuation

  6%

  $636,643

  6.5%

  $587,671

  7%

  $545,694

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,376,949

  Geo Method

  $1,415,668

• Alternative Use

  Use

  Valuation

  Residential

  $495,722

  Hospitality

  $454,079

  Educational

  $377,788

  Medical

  $390,781

  Retail

  $587,671

Location Insight

City

Carrollton

County

Carroll

State

Georgia

Latitude

33.5869

Longitude

-85.0565

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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