413 Creekstone Rdg Woodstock, GA 30188-3746
- Office Properties & Spaces
- 4,464 SF
- 0.19 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 413 Creekstone Rdg
- Year built
- 1999
- Construction
- WOOD
- Lot size
- 0.19 lot acres
- Property size
- 4,464 SF
- Zone code
- GC
- Property type
- Office Properties & Spaces
- APN
- 15N12F 413
- APU
- 15N12F413
Description
This exceptional investment opportunity presents a fully leased, one-story office building situated on a 0.41-acre lot in the desirable Woodstock, GA area. The 8,800+-square-foot building features four individual office suites, each meticulously renovated with fresh paint, new flooring, and updated lighting. Each suite boasts its own private offices, a reception area, a conference room, a kitchen and eating area, two bathrooms, and ample storage space. Approximately 2,200 square feet are dedicated to each suite. Currently operating at 100% occupancy, this property offers a stable and predictable income stream, further enhanced by a 2-4% annual base rent escalation clause in each lease. Common area maintenance (CAM) charges are $400 per month per tenant and encompass normal water/sewage usage, trash removal, interior sprinkler maintenance, lot and landscape upkeep, and exterior building insurance. The property's prime location provides convenient access to major thoroughfares, including Highway 92 and Highway 575, ensuring excellent accessibility for tenants and clients. Ample parking is available with 18 dedicated spaces. This turnkey investment offers a compelling blend of immediate return and long-term growth potential in a high-demand market near Downtown Woodstock. The property is offered at $1,675,000. Please note: Do not disturb tenants.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,210,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,210,000
- 6.5%
- $1,440,000
- 7%
- $1,260,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,215,000
- Geo Method
- $1,355,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,610,000
- Retail
- $1,295,000
- Mixed-Use
- $1,175,000
- Hospitality
- $1,460,000
- Educational
- $1,325,000
- Residential Income
- $1,505,000
- Energy
- $1,630,000
- Income-Based Land
- $1,225,000
- Food Service
- $1,260,000
Location Insight
- Map
- Local Demand
- City
- Woodstock
- County
- Cherokee
- State
- Georgia
- Longitude
- -84.5279
- Latitude
- 34.0892
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
