3120 Sylvan RdHapeville, GA 30354

  • Automotive properties
  • 1,359 SF
For Sale
$845,000 View listing

Property Details for 3120 Sylvan Rd

Year built
1964
Construction
STEEL FRAME
Lot size
0.66 AC
Property size (Sq ft)
1,359 SF
Zone code
C2
Property type
Automotive properties
APN
14 009900041213
APU
14009900041213

Description

This exceptional 1,359 square foot commercial property, situated on a 0.66-acre lot at 3120 Sylvan Road in Hapeville, Georgia, presents a unique investment opportunity. Its strategic location directly adjacent to Sylvan Road and Interstate 85's southbound Exit 75 (Exit 75) provides unparalleled access to both northbound and southbound I-85 traffic. The property's C-2 (General Commercial) zoning allows for a wide range of commercial uses, including but not limited to restaurants (carry-out and drive-thru options), automotive parts sales, paint stores, printing shops, locksmith services, hardware stores, plumbing supply businesses, and pawn shops. The high visibility and convenient access are further enhanced by the presence of four large residential developments currently under construction within a half-mile radius. This influx of new residents, combined with the substantial daily traffic volume on Sylvan Road and I-85, promises a significant and expanding customer base for any new business established on this site. The asking price for this prime commercial property is $845,000. This represents a compelling investment opportunity in a rapidly developing area with exceptional growth potential.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $206,085
    6.5%
    $190,232
    7%
    $176,644
  • Comparable approach

    Method
    Valuation
    Relative Method
    $275,690
    Geo Method
    $275,690
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $380,201
    Mixed-Use / Specialty
    $185,824
    Hospitality / Lodging
    $131,477
    Office
    $180,835
    Institutional / Educational
    $191,849
    Residential Income
    $224,463
    Multifamily
    $289,887
    Automotive / Energy
    $164,442
    Parking / Income-Based Land
    $60,432
    Restaurant / Food Service
    $88,687.70
    Healthcare / Senior Housing
    $194,384

Location Insight

City
Hapeville
County
Fulton
State
Georgia
Latitude
33.6674
Longitude
-84.4185
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
$1,524
$20,920
$33,080
$54,000
-
$52,300
$82,700
$135,000

FAQs

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