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    3440 Blue Springs Rd Kennesaw, GA 30144

    Sponsored
    For Sale
    $750,000

    Four office condos, prime location.

    Property size:
    5,184 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a four-unit office condo portfolio totaling 5,184 square feet, situated on a 0.29-acre lot in desirable Kennesaw, Georgia. The property, built in 2006, features a Class B building with two stories and is zoned OI. Currently, the occupancy is 50%, with two tenants occupying a portion of the second floor, accessible via stairs. Each unit offers approximately 1,296 square feet and is priced at $187,500, with a total asking price of $750,000. The property boasts a pro-forma cap rate of 8.61% and a pro-forma NOI of $64,570. Constructed of durable four-sided brick, the building is well-maintained and offers adaptable open floor plans suitable for various uses. Its prime location in Kennesaw, conveniently situated between downtown Kennesaw and Acworth, provides easy access to major thoroughfares like I-75 and US-41, as well as numerous dining and shopping options. This presents a compelling opportunity for owner-users or investors seeking a strong return on investment in a thriving market. The property is offered as a fee-simple ownership with a modified lease type and is classified as a net lease investment for owner/user. The APN numbers are 20010403470, 20010403480, 20010403450, and 20010403460. The price per square foot is $144.68.

    Property Features for 3440 Blue Springs Rd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    5,184 SF
    Class
    B
    Lot Size
    12,632 SF

    Building Details

    Year Built
    2006
    Buildings
    1
    Stories
    2
    Units
    4

    HighLights

    • $750,000 asking price for a four‑unit office condo portfolio.
    • 5,184 square feet of Class B office space in a two‑story building.
    • Located in Kennesaw, GA, with easy access to I‑75 and US‑41.
    • Net lease investment opportunity with a pro‑forma cap rate of 8.61% and pro‑forma NOI of $64,570.
    • Currently 50% occupied with two tenants.
    • Built in 2006 on a 0.29‑acre lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    John Staurulakis Inc Business Management Consultant Match PEO Brokerage ... Business Management Consultant FranIntel Inc Consultant Infinity Roofing Contractors Roofing Contractor Comforting Arms Home Health Care Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kennesaw
    County
    Cobb
    State
    Georgia
    Longitude
    -84.6508959
    Latitude
    34.0378525

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    FAQs

    What type of property is this?
    Office Property / Space - Four office condos, prime location.
    Where is this office property / space located?
    The property is located at 3440 Blue Springs Rd Kennesaw, GA.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: $750,000 asking price for a four-unit office condo portfolio.; 5,184 square feet of Class B office space in a two-story building.; Located in Kennesaw, GA, with easy access to I-75 and US-41.
    (770) 324-3457
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3440 Blue Springs Rd Kennesaw, GA 30144
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