229 Arnold Mill RdWoodstock, GA 30188

  • Office properties
  • 26,392 SF
For Lease
$18.50/SF/YR View listing

Property Details for 229 Arnold Mill Rd

Year built
2002
Construction
STEEL FRAME
Lot size
3.07 AC
Property size (Sq ft)
26,392 SF
Zone code
GC
Property type
Office properties
Property subtype
Other office properties
APN
15N17A 172 A
APU
15N17A172A

Description

This exceptional Woodstock, GA industrial portfolio offers 41,387 square feet of Class A space across two buildings on four acres. Building 227 features approximately 15,000 square feet, including roughly 800 square feet of office space, two docks, two drive-in doors, and 18-20 foot ceilings. It's ideal for R&D, service, and distribution, and includes existing racking and approximately 15 parking spaces. Building 229 boasts approximately 26,387 square feet, with roughly 8,500 square feet of office space, perfect for high-tech R&D, service, and distribution. This building features five dock doors, three drive-in doors, 18-20 foot ceilings, approximately 45 parking spaces, and a fenced, gated, secured outside storage area with nine mobile yard parking spaces, each with 200-amp service. Both buildings offer 480 3-phase, 3000-amp power. The minimum divisible space is 15,000 square feet. The property is zoned for General Commercial and benefits from its prime location in thriving downtown Woodstock. The entire 41,387 square foot portfolio is currently vacant.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,582,023
    6.5%
    $5,152,636
    7%
    $4,784,591
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,298,992
    Geo Method
    $1,619,941
  • Alternative Use

    Use
    Valuation
    Residential
    $6,389,270
    Hospitality
    $5,852,536
    Educational
    $4,869,242
    Medical
    $5,036,702
    Retail
    $7,574,376
229 Arnold Mill Rd, Woodstock, Georgia

Location Insight

City
Woodstock
County
Cherokee
State
Georgia
Latitude
34.102
Longitude
-84.5089
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
$14,864
$184,200
$328,480
$512,680
-
$460,500
$821,200
$1,281,700

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