1475 Atlanta Industrial WayAtlanta, GA 30331

Property Details for 1475 Atlanta Industrial Way

Year built

1997

Construction

WOOD

Lot size

0.85 AC

Property size (Sq ft)

4,025 SF

Zone code

I1

Property type

Office properties

Property subtype

Office buildings

APN

17 0262 LL0750

APU

170262LL0750

Description

This exceptional offering presents a thriving food truck business and its accompanying real estate in Atlanta, GA. The property encompasses a 4,350 square foot freestanding building situated on a 0.851-acre lot, featuring a fully equipped shared commissary kitchen, ten individually secured storage units, and gated parking for food trucks. The kitchen boasts hoods, a grease trap, cooler, and freezer. The property also includes twelve general parking spaces and an additional ten spaces dedicated to food truck storage, all with metered electricity. The business itself has demonstrated impressive growth, with gross sales reaching $534,000 in 2022, increasing to $845,000 in 2023, and $507,000 year-to-date in 2024. Net profits followed a similar upward trend, reaching $169,000 in 2022, $278,000 in 2023, and $126,000 year-to-date in 2024. The sale includes an 18-foot food trailer, all business records, tax returns, the business name, and associated trademarks. The asking price for the combined business and real estate is $2,250,000. Alternative purchase options are available.

• CAP approach

  CAP return

  Valuation

  6%

  $553,461

  6.5%

  $510,888

  7%

  $474,396

• Comparable approach

  Method

  Valuation

  Relative Method

  $785,116

  Geo Method

  $785,116

• Alternative Use

  Use

  Valuation

  Residential

  $633,500

  Hospitality

  $580,283

  Educational

  $482,789

  Medical

  $499,393

  Retail

  $751,005

Location Insight

City

Atlanta

County

Fulton

State

Georgia

Latitude

33.7965

Longitude

-84.4931

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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