2430 Powell PlKennesaw, GA 30144

Property Details for 2430 Powell Pl

Year built

1994

Lot size

0.58 AC

Property size (Sq ft)

4,668 SF

Zone code

HGB

Property type

Healthcare properties

Property subtype

Medical offices

APN

20013900800

APU

20013900800

Description

This exceptional executive office building, situated on a 0.575-acre lot at 2430 Powell Place NW in Kennesaw, Georgia, presents a compelling investment opportunity. Built in 1994, the single-building property boasts a prime location just one block from US 41, ensuring high visibility and accessibility. The main level is currently configured as a thriving dental practice, complete with a reception/waiting area, five operatories, a dedicated lab, a break room, and a private office. The lower level offers significant unfinished space, currently utilized for storage, presenting considerable potential for expansion or customization to suit a variety of needs. The property is currently leased to a dentist under a lease with two one-year renewal options remaining. Possession at closing will be subject to the existing lease agreement. The asking price for this well-maintained property is $750,000, offering a strong return on investment in a desirable Kennesaw location within Cobb County, zip code 30144. This property is ideal for investors seeking a stable, income-generating asset with significant upside potential. The property's location and existing tenant provide immediate cash flow, while the unfinished lower level allows for future development and increased rental income. This is a rare opportunity to acquire a turnkey commercial property in a high-demand area.

• CAP approach

  CAP return

  Valuation

  6%

  $987,302

  6.5%

  $911,356

  7%

  $846,259

• Comparable approach

  Method

  Valuation

  Relative Method

  $760,370

  Geo Method

  $910,540

• Alternative Use

  Use

  Valuation

  Residential

  $1,130,082

  Hospitality

  $1,035,149

  Educational

  $861,231

  Medical

  $890,850

  Retail

  $1,339,693

Location Insight

City

Kennesaw

County

Cobb

State

Georgia

Latitude

34.0199

Longitude

-84.6191

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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