500 Bishop StAtlanta, GA 30318
- Mixed-use properties
- 19,750 SF
Property Details for 500 Bishop St
- Year built
- 1985
- Construction
- WOOD
- Lot size
- 1.65 AC
- Property size (Sq ft)
- 19,750 SF
- Zone code
- I1
- Property type
- Mixed-use properties
- Property subtype
- Other investment properties
- APN
- 17 0148 LL0305
- APU
- 170148LL0305
Description
This newly renovated 2,067 sq ft loft-style office suite at 500 Bishop St NW, Atlanta, GA 30318, is located in the Atlanta Westside submarket of Fulton County. The space features a large open area ideal for studios, complemented by three private offices perfect for focused work or confidential meetings. High ceilings and a blend of hardwood and concrete flooring create a sleek, open feel. The suite includes two bathrooms (one with a shower), a large kitchen and break area, and a built-in cyc wall. The base rent is $21 per annual square foot, with CAM charges of $4.97 per annual square foot. Four assigned parking spaces are included directly in front of the suite entrance. Additional parking is available in a nearby lot for $50 per month. The property is suitable for office tenants only
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $3,901,014
- 6.5%
- $3,600,936
- 7%
- $3,343,726
-
Comparable approach
- Method
- Valuation
- Relative Method
- $3,450,372
- Geo Method
- $3,852,435
-
Alternative Use
- Use
- Valuation
- Residential
- $4,465,161
- Hospitality
- $4,090,064
- Educational
- $3,402,885
- Medical
- $3,519,915
- Retail
- $5,293,376
Location Insight
- City
- Atlanta
- County
- Fulton
- State
- Georgia
- Latitude
- 33.7917
- Longitude
- -84.4045
- 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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