1607 Connally DrEast Point, GA 30344

  • Retail properties
  • 2,430 SF
For Lease

Property Details for 1607 Connally Dr

Year built
1955
Lot size
0.14 AC
Property size (Sq ft)
2,430 SF
Zone code
I1
Property type
Retail properties
Property subtype
Auto shops
APN
14 015600050388
APU
14015600050388

Description

This exceptional single-tenant warehouse, located at 1607 Connally Dr in East Point, Georgia, offers 2,430 square feet of versatile space. Ideal for distribution or retail operations, the property boasts a convenient I1 zoning classification within Fulton County. The building is entirely vacant, presenting a unique opportunity for immediate occupancy. With five drive-in bays, loading and unloading are efficient and streamlined. The property's address is 1607 Connally Dr, East Point, GA 30344. Its strategic location provides easy access to major transportation routes, enhancing logistical efficiency for businesses. The building's single-tenant status ensures operational simplicity and control. The 2,430 square feet of space offers ample room for storage, operations, and potential expansion. This property is zoned I1, making it suitable for a range of industrial and related uses. The five drive-in doors provide convenient access for loading and unloading goods. This is a rare opportunity to acquire a fully vacant, ready-to-occupy warehouse in a desirable location. Don't miss this chance to secure a prime industrial space in a thriving area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $454,350
    6.5%
    $419,400
    7%
    $389,443
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,194,469
    Geo Method
    $1,194,469
  • Alternative Use

    Use
    Valuation
    Residential
    $353,779
    Hospitality
    $324,060
    Educational
    $269,614
    Medical
    $278,887
    Retail
    $419,400
1607 Connally Dr, East Point, Georgia

Location Insight

City
East Point
County
Fulton
State
Georgia
Latitude
33.686
Longitude
-84.4414
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
$1,665
$33,120
$25,880
$59,000
-
$82,800
$64,700
$147,500

FAQs

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