6400 Roswell RdAtlanta, GA 30328

  • Retail space
  • 3,608 SF
For Sale
$4,500,000 View listing

Property Details for 6400 Roswell Rd

Year built
1968
Construction
WOOD
Lot size
0.73 AC
Property size (Sq ft)
3,608 SF
Zone code
C1
Property type
Retail space
APN
17 008800010552
APU
17008800010552

Description

This exceptional 1.83-acre development site in Atlanta, Georgia, presents a rare investment opportunity. Located on Roswell Road in Sandy Springs, the property boasts 197 feet of frontage on a highly trafficked road (approximately 35,000 vehicles per day), offering excellent visibility and accessibility. The site is zoned CX, including vertical rights, allowing for significant development potential. Its prime location within one of Atlanta's most affluent and sought-after markets is further enhanced by its proximity to major thoroughfares (I-285 and I-400), the Central Perimeter submarket (1.5 miles away), and the City Springs entertainment district. The surrounding area features a high average household income ($163,845) and a substantial daytime population (322,464). The property's strategic location connects East Cobb Marietta and Atlanta, providing convenient access for a wide range of potential uses. Adjacent to a new Fifth Third Bank (currently under construction), this trophy asset offers superior ingress and egress, making it ideal for commercial or residential development. The asking price is $4,500,000. This property is truly a unique opportunity to capitalize on the vibrant growth and high demand in this thriving Atlanta community. Access points are available from both Roswell Road and Cromwell Road.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,378,786
    6.5%
    $1,272,726
    7%
    $1,181,817
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,832,793
    Geo Method
    $558,077
  • Alternative Use

    Use
    Valuation
    Residential
    $1,073,592
    Hospitality
    $983,404
    Educational
    $818,181
    Medical
    $846,319
    Retail
    $1,272,726

Location Insight

City
Sandy Springs
County
Fulton
State
Georgia
Latitude
33.9298
Longitude
-84.38
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
$3,669
$75,120
$54,880
$130,000
-
$187,800
$137,200
$325,000

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