8900 Knox Bridge HwyCanton, GA 30114

  • Other commercial real estate
  • 17,205 SF
For Sale
$2,890,000 View listing

Property Details for 8900 Knox Bridge Hwy

Year built
2013
Construction
STEEL FRAME
Lot size
2.95 AC
Property size (Sq ft)
17,205 SF
Zone code
GC
Property type
Other commercial real estate
Property subtype
Showrooms
APN
14N12A 112
APU
14N12A112

Description

This exceptional 17,205-square-foot retail building, situated on a 2.95-acre lot in Canton, Georgia, presents a compelling investment opportunity. The property boasts a durable brick exterior on three sides and features five separate units, each secured by fencing. A spacious warehouse area is located at the rear, conveniently accessed via a single roll-up loading dock door. The building's mechanical systems, installed in 2012, undergo semi-annual servicing, ensuring peak operational efficiency. Interior amenities include a utility sink, pressboard surfaces, a breakroom with a kitchen, and two bathrooms. The property benefits from a robust security system encompassing both indoor and outdoor cameras, currently under a month-to-month service contract. All existing fixtures are included in the sale. This prime location enjoys high visibility, with a daily traffic count exceeding 17,000 vehicles. Further enhancing accessibility and visibility, the Georgia Department of Transportation is undertaking road improvements, expanding the highway to six lanes and adding new turning lanes. The building offers 17,205 square feet of heated and cooled space, and drop ceilings throughout. This versatile property is ideally suited for a variety of commercial uses, offering a well-maintained, secure, and functional space in a high-traffic area poised for continued growth.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,349,231
    6.5%
    $4,937,752
    7%
    $4,585,055
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,062,356
    Geo Method
    $2,661,228
  • Alternative Use

    Use
    Valuation
    Residential
    $4,165,178
    Hospitality
    $3,815,281
    Educational
    $3,174,269
    Medical
    $3,283,437
    Retail
    $4,937,752
8900 Knox Bridge Hwy, Canton, Georgia

Location Insight

City
Canton
County
Cherokee
State
Georgia
Latitude
34.2153
Longitude
-84.5162
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
$13,273
$87,320
$417,664
$504,984
-
$218,300
$1,044,160
$1,262,460

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