2324 Cascade RdAtlanta, GA 30311

  • Retail properties
  • 8,200 SF
For Lease

Property Details for 2324 Cascade Rd

Year built
2011
Lot size
0.89 AC
Property size (Sq ft)
8,200 SF
Zone code
C1
Property type
Retail properties
Property subtype
Retail space
APN
14 018400020130
APU
14018400020130

Description

This exceptional 8,200-square-foot freestanding retail building, constructed in 2012, is situated on a 0.889-acre lot at 2324 Cascade Rd in Atlanta, Georgia, zip code 30311. Currently occupied by a tenant with lease expiration in Fall 2025, this property presents a unique opportunity for sale or lease. The building offers ample parking with approximately 37 spaces. The property is located in Fulton County and boasts strong demographics, with an estimated 81,996 people and 34,420 households within a three-mile radius, exhibiting an average household income of $64,166. The single-tenant occupancy provides a straightforward investment opportunity. The property's size and location make it ideal for a variety of retail uses. Additional information, including detailed financial data and lease terms, is available upon request. This is a prime opportunity to acquire a well-located, freestanding retail property in a thriving Atlanta market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,657,497
    6.5%
    $1,529,997
    7%
    $1,420,712
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,030,720
    Geo Method
    $4,030,720
  • Alternative Use

    Use
    Valuation
    Residential
    $1,290,610
    Hospitality
    $1,182,192
    Educational
    $983,570
    Medical
    $1,017,396
    Retail
    $1,529,997
2324 Cascade Rd, Atlanta, Georgia

Location Insight

City
Atlanta
County
Fulton
State
Georgia
Latitude
33.7216
Longitude
-84.4645
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
2023
$21,011
$170,000
$337,520
$507,520
-
$425,000
$843,800
$1,268,800

FAQs

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