1650 Cobb PkwyKennesaw, GA 30152

  • Commercial land
  • 2.20 AC
For Sale
$3,100,000 View listing

Property Details for 1650 Cobb Pkwy

Lot size
2.20 AC
Zone code
MHP
Property type
Commercial land
APN
20020801300
APU
20020801300

Description

This exceptional 2.2-acre commercial land parcel presents a unique investment opportunity in Kennesaw, Georgia. Located at the highly visible intersection of Cobb Parkway N and Ernest Barrett Parkway, this property boasts unparalleled access and visibility. With a General Commercial (GC) zoning designation, the site is ideally suited for a variety of commercial uses, and is currently site plan specific for climate-controlled storage. The property's strategic location offers easy access to major thoroughfares, including I-75 and I-575, placing it within close proximity to Kennesaw State University, McCollum Airport, Town Center Mall, Downtown Kennesaw, and Downtown Acworth. High traffic counts of 32,800 vehicles daily on Cobb Parkway N and 48,200 vehicles daily on Ernest Barrett Parkway ensure maximum exposure for any development. The asking price is $3,100,000, translating to $1,409,091 per acre. This property is designated as a Regional Activity Center (RAC) on the city's future land use map, highlighting its significance within the Kennesaw community. The 30152 zip code further underscores its prime location within a thriving commercial area. This is a rare opportunity to acquire a substantial commercial land parcel in a high-demand location with excellent visibility and access.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $42,397,600
    Retail / Commercial
    $21,613,800
    Mixed-Use / Specialty
    $21,436,300
    Hospitality / Lodging
    $15,596,400
    Office
    $21,204,400
    Institutional / Educational
    $22,249,200
    Residential Income
    $26,031,600
    Multifamily
    $31,777,700
    Automotive / Energy
    $19,070,800
    Parking / Income-Based Land
    $6,680,320
    Restaurant / Food Service
    $10,934,900
    Healthcare / Senior Housing
    $22,085,500

Location Insight

City
Kennesaw
County
Cobb
State
Georgia
Latitude
33.9975
Longitude
-84.5877
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
2024
$4,483
$148,688
-
$148,688
-
$371,720
-
$371,720

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