3101 Towercreek PkwyAtlanta, GA 30339

  • Office properties
  • 207,569 SF
For Sale

Property Details for 3101 Towercreek Pkwy

Year built
1985
Lot size
3.18 AC
Property size (Sq ft)
207,569 SF
Zone code
OI
Property type
Office properties
Property subtype
Office buildings
APN
17101100040
APU
17101100040

Description

One Tower Creek, located at 3101 Towercreek Pkwy SE in Atlanta, GA 30339, offers exceptional Class A office space for lease. This seven-story building, constructed in 1985 and extensively renovated in 2020, boasts a total of 100,000 square feet. Seven individual suites are available, with spaces ranging from a minimum of 2,500 square feet to a maximum contiguous space of 69,000 square feet, making it ideal for businesses of various sizes. Currently, 15,681 square feet is available for lease. The property sits on a 2.98-acre lot in Atlanta's Northwest submarket, specifically within the Cumberland, Galleria, and Battery cluster. Amenities include three elevators and ample parking, with a ratio of 3.4 spaces per 1,000 square feet. The building's prime location and modern updates provide a sophisticated and efficient work environment. This is a multi-tenant building offering a variety of options for businesses seeking executive office, commercial, or traditional office space. Inquire today to learn more about leasing opportunities at this prestigious Atlanta location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $45,729,988
    6.5%
    $42,212,296
    7%
    $39,197,132
  • Comparable approach

    Method
    Valuation
    Relative Method
    $34,826,292
    Geo Method
    $40,488,408
  • Alternative Use

    Use
    Valuation
    Residential
    $52,343,248
    Hospitality
    $47,946,132
    Educational
    $39,890,620
    Medical
    $41,262,520
    Retail
    $62,052,076
3101 Towercreek Pkwy, Atlanta, Georgia

Location Insight

City
Atlanta
County
Cobb
State
Georgia
Latitude
33.8917
Longitude
-84.4555
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
2024
$150,400
$477,892
$3,522,108
$4,000,000
-
$1,194,730
$8,805,270
$10,000,000

FAQs

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