1035 Southcrest DrStockbridge, GA 30281
- Office properties
- 41,950 SF
Property Details for 1035 Southcrest Dr
- Year built
- 2005
- Construction
- STEEL FRAME
- Lot size
- 9.66 AC
- Property size (Sq ft)
- 41,950 SF
- Zone code
- C3
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 012-03013000
- APU
- 1203013000
Description
This exceptional investment opportunity presents two Class A buildings comprising Southcrest Medical Plaza I & II, located at 1035 Southcrest Dr, Stockbridge, GA 30281. The property boasts a total of 9.5 acres of land and features two, two-story buildings with elevator access. Currently, there are multiple tenants, with a combined 3,415 square feet of vacant space available, ranging from smaller suites to larger spaces. The zoning is C3, allowing for a variety of uses. The property's strategic location provides convenient access to major thoroughfares including I-75, I-675, and Highway 138, ensuring excellent visibility and accessibility for patients and staff. Its placement is ideal for capturing a significant patient base from Henry, Clayton, South DeKalb, and South Fulton counties. The existing presence of primary care and pediatric practices within the buildings creates a strong foundation for referrals and synergistic opportunities. The first-floor lobby offers excellent exposure for tenants seeking high visibility. This is a rare opportunity to acquire a well-established, high-quality medical and office complex in a thriving location. The property offers a blend of established tenancy and readily available space, making it an attractive option for both investors and businesses seeking a prime location in a growing market.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $5,335,788
- 6.5%
- $4,925,343
- 7%
- $4,573,533
-
Comparable approach
- Method
- Valuation
- Relative Method
- $8,182,767
- Geo Method
- $8,182,767
-
Alternative Use
- Use
- Valuation
- Residential
- $6,107,426
- Hospitality
- $5,594,369
- Educational
- $4,654,449
- Medical
- $4,814,523
- Retail
- $7,240,254
Location Insight
- City
- Stockbridge
- County
- Henry
- State
- Georgia
- Latitude
- 33.5441
- Longitude
- -84.2753
- 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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