1223 Constitution RdAtlanta, GA 30316

  • Retail properties
  • 11,030 SF
For Lease

Property Details for 1223 Constitution Rd

Year built
1969
Construction
WOOD FRAME
Lot size
3.33 AC
Property size (Sq ft)
11,030 SF
Zone code
M
Property type
Retail properties
Property subtype
Auto shops
APN
15 080 09 001
APU
1508009001

Description

This exceptional 11,677 square foot industrial distribution facility is situated on a generous 3.3-acre lot in Atlanta, Georgia. The property boasts a single-tenant occupancy and is ideally suited for various distribution operations. The building features 13 convenient drive-in doors, ensuring efficient loading and unloading of goods. High ceilings, measuring 14 feet, provide ample vertical space for storage and maneuvering. The property is equipped with three-phase power, essential for many industrial applications. The zoning designation is "M," indicating its suitability for industrial uses. Located at 1223 Constitution Rd SE, Atlanta, GA 30316, this property offers excellent access to major transportation routes, making it a strategic location for businesses needing seamless logistics. The substantial land area provides ample room for expansion or future development. This is a rare opportunity to acquire a well-maintained, strategically located industrial property in a thriving Atlanta market. The property's size, features, and location combine to create a compelling investment opportunity for discerning buyers. This turnkey operation is ready for immediate occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,229,535
    6.5%
    $2,058,032
    7%
    $1,911,030
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,421,810
    Geo Method
    $5,421,810
  • Alternative Use

    Use
    Valuation
    Residential
    $1,736,027
    Hospitality
    $1,590,192
    Educational
    $1,323,021
    Medical
    $1,368,522
    Retail
    $2,058,032
1223 Constitution Rd, Atlanta, Georgia

Location Insight

City
Atlanta
County
Dekalb
State
Georgia
Latitude
33.6884
Longitude
-84.3412
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
2024
$17,161
$114,360
$201,320
$315,680
-
$285,900
$503,300
$789,200

FAQs

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