1035 Southcrest DrStockbridge, GA 30281

  • Office properties
  • 41,950 SF
For Lease
$22/SF/YR View listing

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
1035 Southcrest Dr, Stockbridge, Georgia

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

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
$159,230
$434,800
$3,611,360
$4,046,160
-
$1,087,000
$9,028,400
$10,115,400

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