4147 Jiles RdKennesaw, GA 30144

Property Details for 4147 Jiles Rd

Year built

1984

Lot size

1.45 AC

Property size (Sq ft)

6,000 SF

Zone code

HI

Property type

Showrooms

APN

20006200170

APU

20006200170

Description

This exceptional 6,000-square-foot Class A warehouse, located at 4147 Jiles Rd NW in Kennesaw, Georgia, presents a compelling redevelopment opportunity. Situated on a 1.45-acre lot within Cobb County's thriving commercial corridor, this property boasts excellent visibility and features two loading docks. Built in 1984, the metal warehouse includes office space and is currently leased, providing immediate income potential. The lease expires on April 29, 2025, with a single three-year renewal option. The annual rent is $90,000, and the 2023 property taxes totaled $12,387. The property is zoned HI: Heavy Industrial (City of Kennesaw), offering flexibility for various industrial uses. The gravel lot provides ample space for maneuvering and storage. This is an ideal investment for those seeking a strong cash flow with significant redevelopment potential in a prime Kennesaw location. The property's address is 4147 Jiles Rd NW, Kennesaw, GA 30144.

• CAP approach

  CAP return

  Valuation

  6%

  $1,466,000

  6.5%

  $1,353,230

  7%

  $1,256,570

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,016,430

  Geo Method

  $1,217,170

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $2,654,490

  Mixed-Use / Specialty

  $1,342,120

  Hospitality / Lodging

  $976,483

  Office

  $1,327,600

  Institutional / Educational

  $1,393,020

  Residential Income

  $1,629,830

  Multifamily

  $1,989,590

  Automotive / Energy

  $1,194,010

  Parking / Income-Based Land

  $418,252

  Restaurant / Food Service

  $684,627

  Healthcare / Senior Housing

  $1,382,770

Location Insight

City

Kennesaw

County

Cobb

State

Georgia

Latitude

34.0488

Longitude

-84.6075

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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