188 Campground RdMcDonough, GA 30253

  • Office buildings
  • 10,544 SF
For Lease
$15/SF/YR View listing

Property Details for 188 Campground Rd

Year built
2002
Construction
WOOD
Lot size
0.19 AC
Property size (Sq ft)
10,544 SF
Property type
Office buildings
APN
071-01040000
APU
7101040000

Description

This exceptional 10,544 square foot, two-story office building, constructed in 2002, presents a prime opportunity for businesses seeking a prominent location. The property, situated on Highway 42 with convenient access to I-75 (Exits 222 and 224), boasts a highly visible presence between Stockbridge and McDonough. Currently, a 1,840 square foot space is available for lease, offering a private entrance and elevator access. The building features a full brick exterior and ample on-site parking. The building is zoned C1 and comprises four suites in total. The available space represents a significant portion of the 1,840 square feet of currently vacant space. The building's strategic location offers easy access to a variety of shopping and dining options, creating a vibrant and convenient environment for employees and clients alike. This traditional office building provides a professional and functional workspace, ideal for businesses seeking a high-profile location with excellent accessibility. The lease rate for the 1,840 square foot space includes CAM fees. Another suite of 2,550 square feet is currently leased. This presents a unique opportunity to establish a presence in a thriving commercial area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,341,134
    6.5%
    $1,237,969
    7%
    $1,149,543
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,056,713
    Geo Method
    $2,056,713
  • Alternative Use

    Use
    Valuation
    Residential
    $1,535,082
    Hospitality
    $1,406,127
    Educational
    $1,169,881
    Medical
    $1,210,115
    Retail
    $1,819,815

Location Insight

City
Mcdonough
County
Henry
State
Georgia
Latitude
33.4927
Longitude
-84.1788
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
$12,287
$14,200
$293,040
$307,240
-
$35,500
$732,600
$768,100

FAQs

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