2054 Rex RdMorrow, GA 30260

Property Details for 2054 Rex Rd

Year built

1972

Lot size

0.73 AC

Property size (Sq ft)

1,248 SF

Zone code

C

Property type

Office buildings

APN

12-174D- E-029

APU

12174DE029

Description

This exceptional commercial property, located at 2054 Rex Road in Morrow, Georgia, presents a compelling investment opportunity. The property encompasses a substantial 3,840 square feet of space, ideally suited for a variety of commercial ventures. Situated on a sizable 0.73-acre lot, the property offers ample room for expansion, parking, or outdoor activities related to the business. The asking price is $450,000, representing a strong value proposition in the current market. The address, 2054 Rex Road, places the property in a high-traffic area, ensuring excellent visibility and accessibility for potential customers. This prime location offers significant potential for growth and profitability. The property's generous size and strategic location make it an attractive option for businesses seeking to establish a strong presence in the Morrow, Georgia market. Serious inquiries are encouraged to explore the possibilities this property offers. The property includes both 2054 and 2064 Rex Road. Further details regarding the property's zoning and potential uses are available upon request. Don't miss this chance to acquire a valuable commercial asset in a thriving location.

• CAP approach

  CAP return

  Valuation

  6%

  $158,738

  6.5%

  $146,527

  7%

  $136,061

• Comparable approach

  Method

  Valuation

  Relative Method

  $243,435

  Geo Method

  $243,435

• Alternative Use

  Use

  Valuation

  Residential

  $181,694

  Hospitality

  $166,431

  Educational

  $138,468

  Medical

  $143,231

  Retail

  $215,395

Location Insight

City

Morrow

County

Clayton

State

Georgia

Latitude

33.5998

Longitude

-84.3232

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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