3750 Naturally Fresh BlvdAtlanta, GA 30349
- Office properties
- 19,739 SF
Property Details for 3750 Naturally Fresh Blvd
- Year built
- 2008
- Construction
- WOOD
- Lot size
- 8.64 AC
- Property size (Sq ft)
- 19,739 SF
- Zone code
- M1
- Property type
- Office properties
- Property subtype
- Office buildings
- APN
- 09F250001280201
- APU
- 09F250001280201
Description
This exceptional 19,739-square-foot office building, situated on an expansive 8.64-acre lot in Atlanta, Georgia, presents a compelling owner-user opportunity. Currently 50% occupied by a General Services Administration (GSA) tenant under a lease with approximately 14 years remaining, this traditional office building offers significant potential. The remaining 10,000 square feet of space features mostly shell space, providing flexibility for customization. Enjoy ten-foot ceiling heights and picturesque lakeside views. The property's strategic location in Fulton County, with a 30349 zip code, offers convenient access to major transportation routes. Adding to its versatility, a substantial 3.5-acre pad site is included, zoned M1 (light industrial), allowing for diverse uses such as distribution, cold storage, or industrial outdoor storage (IOS). This pad site can be purchased with the office building or separately. The asking price for the entire property is $3,980,000, with a price per square foot of $201.63. The building was constructed in 2008 and boasts a Net Operating Income (NOI) of $243,000. This presents a unique opportunity to acquire a well-located, versatile property with significant upside potential. The property is ideally suited for businesses seeking a combination of office space and potential for expansion into light industrial uses.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,510,682
- 6.5%
- $2,317,553
- 7%
- $2,152,014
-
Comparable approach
- Method
- Valuation
- Relative Method
- $3,850,289
- Geo Method
- $3,850,289
-
Alternative Use
- Use
- Valuation
- Residential
- $2,873,766
- Hospitality
- $2,632,354
- Educational
- $2,190,088
- Medical
- $2,265,408
- Retail
- $3,406,803
Location Insight
- City
- South Fulton
- County
- Fulton
- State
- Georgia
- Latitude
- 33.6113
- Longitude
- -84.5111
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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