145 Towne Lake PkwyWoodstock, GA 30188

Property Details for 145 Towne Lake Pkwy

Year built

2005

Construction

WOOD

Lot size

1.82 AC

Property size (Sq ft)

51,034 SF

Zone code

DT-RO

Property type

Office properties

APN

92N07 010 A

APU

92N07010A

Description

This exceptional 908-square-foot office space is ideally situated at 145 Towne Lake Parkway, Unit 303, in Woodstock, Georgia, zip code 30188. The property is classified as a Class B, two-story building with elevator access, offering a single-tenant occupancy. This traditional office space is also suitable for executive or medical office uses. Located in a professional setting, the space boasts convenient access to various amenities. The building features a shared common area known as "The Lounge," providing a versatile space for daytime meals and evening meetings or social gatherings. This is a fantastic opportunity for businesses seeking a well-maintained and conveniently located office space. The lease includes utilities, covering electricity, water, and trash removal, simplifying budgeting and operational costs. The surrounding area includes a mix of law offices, engineering firms, financial institutions, and other medical offices, creating a vibrant and collaborative professional environment. The space will be available in 2025. This is a single-tenant space in a building with a professional atmosphere and convenient amenities.

• CAP approach

  CAP return

  Valuation

  6%

  $10,793,914

  6.5%

  $9,963,612

  7%

  $9,251,926

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,312,927

  Geo Method

  $3,132,467

• Alternative Use

  Use

  Valuation

  Residential

  $12,354,879

  Hospitality

  $11,317,003

  Educational

  $9,415,614

  Medical

  $9,739,431

  Retail

  $14,646,510

Location Insight

City

Woodstock

County

Cherokee

State

Georgia

Latitude

34.1017

Longitude

-84.5258

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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