7335 Highway 85Riverdale, GA 30274

Property Details for 7335 Highway 85

Year built

2008

Lot size

2.73 AC

Property size (Sq ft)

3,850 SF

Zone code

C

Property type

Automotive properties

APN

13-183A- C-001

APU

13183AC001

Description

This exceptional 3,850 square foot commercial property, situated on a highly visible 2.73-acre corner lot in Riverdale, Georgia, presents a remarkable investment opportunity. Boasting a daily traffic count of approximately 40,000 vehicles, this location ensures maximum exposure for any business. The existing solid brick building is in excellent condition, offering immediate occupancy potential. The property's General Commercial zoning within the City of Riverdale allows for a wide array of uses, including but not limited to urgent care facilities, grocery stores, fast-food restaurants, restaurants, childcare centers, and shopping centers. The possibilities are virtually limitless, making this an ideal location for a variety of commercial ventures. The seller is also open to subdividing the property into three separate parcels, providing added flexibility for potential buyers. This presents a unique chance to acquire a prime commercial location with significant development potential in a thriving area. The asking price is $3,000,000. Serious inquiries are encouraged, and interested parties should specify their preference regarding potential subdivision during initial contact.

• CAP approach

  CAP return

  Valuation

  6%

  $719,854

  6.5%

  $664,481

  7%

  $617,018

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,892,472

  Geo Method

  $1,892,472

• Alternative Use

  Use

  Valuation

  Residential

  $560,515

  Hospitality

  $513,428

  Educational

  $427,166

  Medical

  $441,857

  Retail

  $664,481

Location Insight

City

Riverdale

County

Clayton

State

Georgia

Latitude

33.5549

Longitude

-84.4151

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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