2370 Towne Lake PkwyWoodstock, GA 30189

  • Retail properties
  • 16,090 SF
For Lease

Property Details for 2370 Towne Lake Pkwy

Year built
2000
Construction
STEEL FRAME
Lot size
2.71 AC
Property size (Sq ft)
16,090 SF
Zone code
PUD
Property type
Retail properties
Property subtype
Community centers
APN
15N11 002 Z
APU
15N11002Z

Description

The Plaza at Towne Lake offers a premier executive office opportunity in Woodstock, Georgia. This 14,450 square foot building, constructed in 2000, features a desirable C3 Commercial zoning designation and sits on a spacious 2.71-acre lot at 2370 Towne Lake Pkwy, 30189. Currently, 3,155 square feet of office space is immediately available for lease, perfect for a growing business seeking a modern and efficient workspace. The property boasts ample parking with 84 spaces, providing a convenient 5.5 spaces per 1,000 square feet. The building's classification as both retail and office space reflects its versatile design and potential for various business types. Located in Cherokee County, this property benefits from excellent visibility and accessibility within the thriving Towne Lake Parkway area. The multiple tenancy structure allows for a diverse and collaborative environment. This is an exceptional opportunity to secure high-quality office space in a prime location. The available space is ready for immediate occupancy, offering a seamless transition for your business. Don't miss this chance to establish your presence in this sought-after Woodstock commercial hub.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,002,564
    6.5%
    $4,617,752
    7%
    $4,287,912
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,604,668
    Geo Method
    $7,909,059
  • Alternative Use

    Use
    Valuation
    Residential
    $3,895,246
    Hospitality
    $3,568,025
    Educational
    $2,968,555
    Medical
    $3,070,648
    Retail
    $4,617,752
2370 Towne Lake Pkwy, Woodstock, Georgia

Location Insight

City
Woodstock
County
Cherokee
State
Georgia
Latitude
34.1149
Longitude
-84.5529
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
$29,187
$708,280
$402,220
$1,110,500
-
$1,770,700
$1,005,550
$2,776,250

FAQs

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