755 Mount Vernon HwyAtlanta, GA 30328

  • Medical offices
  • 152,275 SF

Property Details for 755 Mount Vernon Hwy

Year built
1992
Lot size
3.25 AC
Property size (Sq ft)
152,275 SF
Zone code
C1
Property type
Medical offices
Property subtype
Medical centers
APN
17 0035 LL0897
APU
170035LL0897

Description

Mt. Vernon Medical Center offers exceptional medical office space for lease in a prime Atlanta location, just 1.5 miles from Pill Hill, near Northside Hospital Atlanta and Emory Saint Joseph's Hospital. This Class A building provides a thriving environment for medical practices, boasting active referral patterns among existing tenants. Multiple suites are available, ranging from a minimum of 938 square feet to a maximum contiguous space of 3,469 square feet, with a total of 9,779 square feet currently vacant. The building caters to both primary care and specialist practices, offering competitive lease rates and generous tenant improvement allowances to help customize your space. Ample parking is available, with a ratio of 4.4 spaces per 1,000 square feet, ensuring convenient access for patients and staff. Located in Fulton County, this is an unparalleled opportunity for medical professionals seeking a prestigious and well-connected location to establish or expand their practice. The building's design and amenities are tailored to meet the specific needs of medical professionals, creating a collaborative and efficient work environment. Inquire today to learn more about available suites and lease terms.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $39,586,000
    6.5%
    $36,540,924
    7%
    $33,930,860
  • Comparable approach

    Method
    Valuation
    Relative Method
    $30,695,522
    Geo Method
    $9,346,640
  • Alternative Use

    Use
    Valuation
    Residential
    $45,310,748
    Hospitality
    $41,504,400
    Educational
    $34,531,172
    Medical
    $35,718,752
    Retail
    $53,715,160

Location Insight

City
Sandy Springs
County
Fulton
State
Georgia
Latitude
33.9279
Longitude
-84.3621
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
$183,977
$584,480
$5,933,520
$6,518,000
-
$1,461,200
$14,833,800
$16,295,000

FAQs

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