3105 Washington RdEast Point, GA 30344

Property Details for 3105 Washington Rd

Year built

1974

Construction

WOOD

Lot size

0.74 AC

Property size (Sq ft)

4,860 SF

Zone code

C1

Property type

Office properties

Property subtype

Office buildings

APN

14 019000010042

APU

14019000010042

Description

This move-in ready, income-producing office building in East Point, GA, presents a unique investment opportunity. Priced at $900,000, this single-story, 1974-built structure offers 9 individual offices, two lobby areas with front and back entrances, a large auditorium/multi-purpose room with a stage, and ample parking. Additional features include a kitchen with storage, a receptionist window, multiple open office spaces, restrooms, a xerox area, and two exterior storage buildings. Four spacious private suites with waiting areas and an extra-large conference room enhance the property's appeal. Handicap accessibility is provided. The building is zoned commercial and is conveniently located 4.3 miles from Hartsfield-Jackson International Airport and 1.5 miles from the East Point MARTA train station, offering convenient access to public transportation. The property is sold as-is, and pre-qualification or proof of funds is required for showings. Seller financing is available.

• CAP approach

  CAP return

  Valuation

  6%

  $618,163

  6.5%

  $570,612

  7%

  $529,854

• Comparable approach

  Method

  Valuation

  Relative Method

  $947,992

  Geo Method

  $947,992

• Alternative Use

  Use

  Valuation

  Residential

  $707,559

  Hospitality

  $648,120

  Educational

  $539,228

  Medical

  $557,773

  Retail

  $838,799

Location Insight

City

East Point

County

Fulton

State

Georgia

Latitude

33.6713

Longitude

-84.4626

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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