1188 Collinsworth RdPalmetto, GA 30268
- Retail properties
- 4,806 SF
Property Details for 1188 Collinsworth Rd
- Year built
- 1974
- Construction
- STEEL FRAME
- Lot size
- 4.00 AC
- Property size (Sq ft)
- 4,806 SF
- Zone code
- C
- Property type
- Retail properties
- Property subtype
- Grocery and convenience stores
- APN
- 129 7128 001C
- APU
- 1297128001C
Description
This exceptional 4.37-acre commercial land parcel presents a unique investment opportunity in Palmetto, Georgia. Strategically located at the Palmetto exit off I-85, this property boasts high visibility and accessibility. Situated directly in front of the expansive Palmetto Logistics Center, this lot offers significant advantages for businesses seeking a prominent location. The property features frontage on both Collinsworth Road and Weldon Road, providing excellent access from I-85's southbound exit ramp. Zoned C-3 within the City of Palmetto, this land is primed for a variety of commercial developments. The combined Coweta County parcel numbers are 1297097005 and 1297128009. With its substantial size, prime location, and favorable zoning, this property represents a compelling investment opportunity for developers and businesses seeking a high-impact presence in a rapidly growing area. The asking price for this exceptional commercial land is $2,500,000. Don't miss this chance to secure a piece of Palmetto's thriving commercial landscape.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $898,603
- 6.5%
- $829,479
- 7%
- $770,231
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,362,395
- Geo Method
- $2,362,395
-
Alternative Use
- Use
- Valuation
- Residential
- $699,697
- Hospitality
- $640,919
- Educational
- $533,237
- Medical
- $551,576
- Retail
- $829,479
Location Insight
- City
- Palmetto
- County
- Coweta
- State
- Georgia
- Latitude
- 33.5021
- Longitude
- -84.6404
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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