6504 Church StRiverdale, GA 30274

  • Strip malls
  • 6,750 SF
For Lease
$16/SF/YR View listing

Property Details for 6504 Church St

Year built
1963
Lot size
1.41 AC
Property size (Sq ft)
6,750 SF
Zone code
C
Property type
Strip malls
Property subtype
Neighborhood centers
APN
13-138D- F-015
APU
13138DF015

Description

This exceptional investment opportunity presents two single-story buildings totaling 12,121 square feet, situated at 6504 Church St in Riverdale, Georgia (zip code 30274). Built in 1970, this property, known as Andy's Plaza, offers a mix of office and retail spaces, ideal for a variety of professional or medical businesses. The thirteen suites boast direct and private entrances, ensuring privacy and convenience for tenants. High visibility monument signage and exclusive parking are key features, enhancing the property's appeal and accessibility. Suites range from a minimum of 600 square feet to a maximum contiguous space of 3,600 square feet, providing flexibility for businesses of various sizes. The property is zoned C and features ample parking. Its location in Riverdale, GA offers excellent visibility and accessibility, making it an attractive option for businesses seeking a prominent presence in a thriving community. The property's competitive rental rates make it a financially sound investment. The property's parcel number is 13138D F015. This is a rare opportunity to acquire a well-maintained, strategically located property with significant potential for growth and return on investment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,262,082
    6.5%
    $1,164,999
    7%
    $1,081,785
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,317,970
    Geo Method
    $3,317,970
  • Alternative Use

    Use
    Valuation
    Residential
    $982,720
    Hospitality
    $900,167
    Educational
    $748,928
    Medical
    $774,685
    Retail
    $1,164,999

Location Insight

City
Riverdale
County
Clayton
State
Georgia
Latitude
33.5774
Longitude
-84.414
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
$9,433
$73,720
$168,080
$241,800
-
$184,300
$420,200
$604,500

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