1083 Sandy Plains Rd Marietta, GA 30066
- Retail properties
- 1,600 SF
- 0.73 lot acres
Current Use by Public Records
- A Passion For Pets Playcare / Dog Day Care Center
Property Details for 1083 Sandy Plains Rd
- Year built
- 1950
- Lot size
- 0.73 lot acres
- Property size
- 1,600 SF
- Property type
- Retail properties
Description
This established dog daycare and boarding business, located at 1083 Sandy Plains Rd in Marietta, GA 30066, presents a unique investment opportunity. The 1,600 square foot building sits on a 0.73-acre lot, boasting 183 feet of frontage on Sandy Plains Road, a high-traffic area with over 29,000 vehicles daily. Built in 1950 and renovated in 2014, the property features multiple fenced runs and play areas, ample parking, and excellent access. Currently operating at 100% occupancy (as of April 30, 2024), the business generates a Net Operating Income (NOI) of $132,000, with a pro-forma NOI of $165,000 and a pro-forma cap rate of 15%. The asking price is $1,100,000, representing a current cap rate of 12%. The property is zoned CRC by the City of Marietta, offering significant flexibility for a variety of commercial uses, including expansion of the existing business. Its proximity to I-75, Canton Road Connector, and Kennestone Hospital further enhances its appeal. This turnkey operation benefits from a loyal customer base and presents a strong potential for increased retail sales. The large, level lot allows for future redevelopment possibilities. The property's Parcel Number is 16-0779-0-026-0.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Marietta
- County
- Cobb
- State
- Georgia
- Longitude
- -84.5197
- Latitude
- 33.9948
