7970 Bowen RdPalmetto, GA 30268

Property Details for 7970 Bowen Rd

Year built

2004

Construction

STEEL FRAME

Lot size

7.42 AC

Property size (Sq ft)

2,400 SF

Zone code

M2

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

07 300201010138

APU

7300201010138

Description

This exceptional 7.42-acre industrial property in Palmetto, Georgia, presents a compelling investment opportunity. Located in Fulton County at 7970 Bowen Rd, 30268, this parcel is zoned M-I Light Industrial, offering significant flexibility for various commercial uses. The property boasts convenient access to major transportation arteries, situated just 0.5 miles from Highway 29 and a short 3-mile drive to Interstate 85, ensuring seamless logistics and distribution. Adding to its value is an existing 2,500-square-foot warehouse structure, providing immediate utility or potential for expansion. The asking price for this prime industrial land is $1,499,000. Its strategic location, combined with the existing warehouse and favorable zoning, makes this a highly attractive prospect for businesses seeking a well-positioned and versatile industrial site in a rapidly growing area. The property's size and location offer considerable potential for future development and expansion, making it an ideal investment for long-term growth. This is a rare opportunity to acquire a substantial industrial land parcel with existing infrastructure in a desirable location. Don't miss out on this chance to secure a valuable asset in the thriving Palmetto market.

• CAP approach

  CAP return

  Valuation

  6%

  $305,266

  6.5%

  $281,784

  7%

  $261,656

• Comparable approach

  Method

  Valuation

  Relative Method

  $468,144

  Geo Method

  $468,144

• Alternative Use

  Use

  Valuation

  Residential

  $349,412

  Hospitality

  $320,059

  Educational

  $266,286

  Medical

  $275,444

  Retail

  $414,222

Location Insight

City

Palmetto

County

Fulton

State

Georgia

Latitude

33.5309

Longitude

-84.6455

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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