908 Carroll RdVilla Rica, GA 30180

Property Details for 908 Carroll Rd

Year built

2008

Construction

STEEL FRAME

Lot size

2.95 AC

Property size (Sq ft)

14,335 SF

Zone code

GC

Property type

Office properties

Property subtype

Other office properties

APN

V06-004-0344

APU

V060040344

Description

This exceptional Class A office building, located at 908 S. Carroll Road in Villa Rica, Georgia, presents a unique investment opportunity. The property boasts a total of 13,500 square feet, with 4,500 square feet currently available for lease. Built in 2004, this single-tenant building sits on a generous 2.95-acre lot and features a two-story design. The property is zoned for commercial use and is conveniently situated less than a mile from I-20, providing excellent accessibility. Amenities include ample parking with 50 spaces and elevators for convenient access to both floors. The building's high-quality construction and desirable location make it an ideal choice for businesses seeking a prestigious and functional workspace. The property is classified as both Executive and Traditional Office space, offering flexibility for various business needs. The Villa Rica submarket offers a thriving business environment. This is a single-tenant building, providing a unique opportunity for a business seeking a prominent location in a growing community. The property's Class A designation reflects its superior construction, modern amenities, and prime location. With its substantial size and convenient access to major transportation routes, this property represents a compelling investment opportunity in the heart of Villa Rica.

• CAP approach

  CAP return

  Valuation

  6%

  $2,799,459

  6.5%

  $2,584,116

  7%

  $2,399,536

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,428,280

  Geo Method

  $2,796,185

• Alternative Use

  Use

  Valuation

  Residential

  $3,204,304

  Hospitality

  $2,935,125

  Educational

  $2,441,989

  Medical

  $2,525,973

  Retail

  $3,798,650

Location Insight

City

Villa Rica

County

Carroll

State

Georgia

Latitude

33.7138

Longitude

-84.936

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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