20 Wilson RdStockbridge, GA 30281

Property Details for 20 Wilson Rd

Year built

1999

Construction

STEEL FRAME

Lot size

0.66 AC

Property size (Sq ft)

2,430 SF

Zone code

C1

Property type

Day care centers & nurseries

APN

069B02013000

APU

069B02013000

Description

This vacant, 2,430-square-foot commercial building in Stockbridge, GA, presents a compelling investment opportunity. Located on a 0.66-acre lot at 20 Wilson Rd, 30281, this single-story, Class B property boasts a flexible layout ideal for various business types. Zoned C-3, it features two units, each with separate utilities, offering potential for multi-tenant income. The building includes two roll-up doors, facilitating easy loading and unloading. Recent renovations (past two months) encompass a new HVAC system, septic repairs, and a new water heater. The interior is adaptable, with removable walls allowing customization to suit specific business needs. A fenced rear area with double and single gates enhances security. Built in 1999, this property benefits from its convenient location near I-75, a hospital, and major retail, within the rapidly growing Henry County area. The asking price is $599,000, translating to $246.50 per square foot. This property offers a blend of functionality, adaptability, and prime location, making it an attractive prospect for investors and businesses alike.

• CAP approach

  CAP return

  Valuation

  6%

  $302,127

  6.5%

  $278,887

  7%

  $258,966

• Comparable approach

  Method

  Valuation

  Relative Method

  $545,095

  Geo Method

  $545,095

• Alternative Use

  Use

  Valuation

  Residential

  $353,779

  Hospitality

  $324,060

  Educational

  $269,614

  Medical

  $278,887

  Retail

  $419,400

Location Insight

City

Stockbridge

County

Henry

State

Georgia

Latitude

33.5285

Longitude

-84.1962

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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