855 Mount Vernon HwySandy Springs, GA 30328

  • Medical offices
  • 9,851 SF
For Lease
$10/SF/YR View listing

Property Details for 855 Mount Vernon Hwy

Year built
1984
Construction
WOOD
Lot size
0.72 AC
Property size (Sq ft)
9,851 SF
Zone code
OI
Property type
Medical offices
Property subtype
Medical centers
APN
17 0035 LL0624
APU
170035LL0624

Description

This exceptional Sandy Springs office building, located at 855 Mount Vernon Hwy NE, Atlanta, GA 30328, offers 10,000 square feet of space in a two-story, Class C building constructed in 1984. The property sits on 0.87 acres and features three suites, with 6,700 square feet currently vacant. Available space ranges from approximately 2,150 to 2,350 square feet, or the entire second floor can be leased. The building boasts a 12-foot ceiling height and provides ample parking with 40 spaces. Its convenient location offers unbeatable visibility and accessibility, situated one block south of the Mercedes-Benz American Headquarters, directly across from the Aloft Perimeter Hotel, and within walking distance of the MARTA Sandy Springs Station. The property benefits from a prominent corner monument sign on Mount Vernon Highway. The zoning is OI, County (Fulton County), and the APN is 17-0035-LL-062-4. This is a fantastic opportunity for businesses seeking a high-visibility location in a thriving area. A motivated landlord is offering an attractive incentive. The building allows for 24-hour access.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,459,670
    6.5%
    $2,270,460
    7%
    $2,108,290
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,652,820
    Geo Method
    $604,654
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $4,514,300
    Retail / Commercial
    $2,306,240
    Mixed-Use / Specialty
    $2,291,190
    Hospitality / Lodging
    $1,672,080
    Institutional / Educational
    $2,379,470
    Residential Income
    $2,783,980
    Multifamily
    $3,376,820
    Automotive / Energy
    $2,039,550
    Parking / Income-Based Land
    $710,571
    Restaurant / Food Service
    $1,177,090
    Healthcare / Senior Housing
    $2,356,580

Location Insight

City
Atlanta
County
Fulton
State
Georgia
Latitude
33.929
Longitude
-84.3594
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
$15,340
$154,400
$321,600
$476,000
-
$386,000
$804,000
$1,190,000

FAQs

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