4147 Jiles RdKennesaw, GA 30144

  • Other commercial real estate
  • 6,000 SF
For Sale
$2,000,000 View listing

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
Other commercial real estate
Property subtype
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,865,468
    6.5%
    $1,721,971
    7%
    $1,598,973
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,462,896
    Geo Method
    $2,949,307
  • Alternative Use

    Use
    Valuation
    Residential
    $1,452,547
    Hospitality
    $1,330,525
    Educational
    $1,106,981
    Medical
    $1,145,052
    Retail
    $1,721,971
4147 Jiles Rd, Kennesaw, Georgia

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

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
$9,974
$151,520
$179,280
$330,800
-
$378,800
$448,200
$827,000

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