281 Mount Zion RdAtlanta, GA 30354

Property Details for 281 Mount Zion Rd

Year built

1956

Lot size

3.00 AC

Property size (Sq ft)

32,870 SF

Zone code

I1

Property type

Auto shops

APN

14 0068 LL0977

APU

140068LL0977

Description

This exceptional 25,377-square-foot industrial flex space, situated on a 3-acre site, presents a unique investment opportunity in the heart of Atlanta. The property boasts a single-story building, recently renovated in 2021, offering a versatile layout suitable for various industrial uses including manufacturing, warehousing, distribution, R&D, and office space. The building features both dock-high and drive-in loading capabilities, ensuring efficient material handling. Exterior storage is readily available, complemented by a fenced property with an automated vehicle access gate, enhancing security and control. The property benefits from excellent visibility and convenient access to I-75 via Cleveland Avenue, providing seamless transportation links throughout the metro area. Currently, 2,789 square feet are vacant, offering immediate occupancy potential for expansion or new tenants. The property is zoned I1, reflecting its suitability for a wide range of industrial operations. This prime location, combined with the property's modern amenities and strategic access to major transportation arteries, makes it an ideal choice for businesses seeking a high-quality industrial space in a thriving Atlanta market. The multiple tenancy structure offers flexibility for various business needs.

• CAP approach

  CAP return

  Valuation

  6%

  $5,222,840

  6.5%

  $4,821,080

  7%

  $4,476,720

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,668,090

  Geo Method

  $6,668,090

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $9,698,320

  Mixed-Use / Specialty

  $4,683,980

  Hospitality / Lodging

  $3,280,370

  Office

  $4,531,260

  Institutional / Educational

  $4,826,600

  Residential Income

  $5,647,120

  Multifamily

  $7,437,620

  Automotive / Energy

  $4,137,080

  Parking / Income-Based Land

  $1,546,130

  Restaurant / Food Service

  $2,180,260

  Healthcare / Senior Housing

  $4,926,300

Location Insight

City

Atlanta

County

Fulton

State

Georgia

Latitude

33.6735

Longitude

-84.3987

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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