105 85 PkwyFayetteville, GA 30214

Property Details for 105 85 Pkwy

Year built

1988

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

2.00 AC

Property size (Sq ft)

9,780 SF

Zone code

C C3

Property type

Strip malls

Property subtype

Neighborhood centers

APN

53911006

APU

53911006

Description

This exceptional 1,200 square foot retail or office space is situated in the desirable Guthrie Plaza, located at 105 N 85th Pkwy, Fayetteville, GA 30214. Boasting excellent visibility and accessibility from Highway 85, this single-story suite (Suite J) is part of a two-suite building on a 2-acre lot, built in 1988. The property benefits from a high traffic count of 29,200 vehicles per day on Highway 85. Its convenient location places it in close proximity to the Fayette Pavilion Shopping Center, offering easy access to numerous restaurants, banks, and other retail establishments. The space is zoned C-3 Highway Commercial, providing flexibility for various business types. The lease rate is $14.00 per square foot, NNN. Ample parking is available, with a ratio of 4.6 spaces per 1,000 square feet. This presents a fantastic opportunity for businesses seeking a high-traffic, well-located space in the Suburban Atlanta submarket. The property features a single building with one story and is part of a shopping center. The APN is 053911006. Cross street is GA SR 85.

• CAP approach

  CAP return

  Valuation

  6%

  $1,483,080

  6.5%

  $1,369,000

  7%

  $1,271,210

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,983,990

  Geo Method

  $1,983,990

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $2,736,110

  Mixed-Use / Specialty

  $1,337,270

  Hospitality / Lodging

  $946,167

  Office

  $1,301,370

  Institutional / Educational

  $1,380,630

  Residential Income

  $1,615,340

  Multifamily

  $2,086,160

  Automotive / Energy

  $1,183,400

  Parking / Income-Based Land

  $434,897

  Restaurant / Food Service

  $638,238

  Healthcare / Senior Housing

  $1,398,880

Location Insight

City

Fayetteville

County

Fayette

State

Georgia

Latitude

33.4843

Longitude

-84.4338

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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