350 Glynn StFayetteville, GA 30214

  • Retail properties
  • 1,890 SF
For Lease

Property Details for 350 Glynn St

Year built
1988
Construction
FRAME
Lot size
1.13 AC
Property size (Sq ft)
1,890 SF
Zone code
C C3
Property type
Retail properties
Property subtype
Self service car washes
APN
53004004
APU
53004004

Description

This exceptional ground lease opportunity presents 1.13 acres of commercially zoned land in Fayetteville, Georgia. Strategically located at 350 Glynn St N, with 170 feet of frontage on N Glynn St and cross access to W Georgia Ave, this property benefits from high visibility and accessibility. The site boasts a convenient location near Fayetteville's city center and a variety of restaurants, ensuring strong potential for a variety of commercial ventures. The property is zoned C-3, offering flexibility for diverse development plans. All utilities, including sewer, are readily available. Furthermore, the property enjoys a significant advantage with a daily traffic count of 35,000 vehicles per day on nearby Hwy 85, guaranteeing substantial exposure. Previous underground storage tanks have been removed, and an "NFA letter" is available for due diligence. The parcel's APN is 053004004 in Fayette County. This Suburban Atlanta location, within the Fayette County submarket cluster, presents a compelling investment opportunity for discerning developers and businesses seeking a high-traffic, well-located site. Lease rate is available upon inquiry. Don't miss this chance to secure a prime commercial property in a thriving area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $353,383
    6.5%
    $326,200
    7%
    $302,900
  • Comparable approach

    Method
    Valuation
    Relative Method
    $929,032
    Geo Method
    $929,032
  • Alternative Use

    Use
    Valuation
    Residential
    $275,162
    Hospitality
    $252,047
    Educational
    $209,700
    Medical
    $216,912
    Retail
    $326,200
350 Glynn St, Fayetteville, Georgia

Location Insight

City
Fayetteville
County
Fayette
State
Georgia
Latitude
33.4545
Longitude
-84.4557
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
2023
$6,345
$118,640
$89,800
$208,440
-
$296,600
$224,500
$521,100

FAQs

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