1160 Grimes Bridge Rd Roswell, GA 30075
- Office Properties & Spaces
- 1,752 SF
- 0.04 lot acres
Current Use by Public Records
- North Paulding Speech Language Therapy / Speech Pathologist
- Georgia Tree Pro, Inc / Tree Service
- Cliff Wilcox - State Farm Insurance Agent / Auto Insurance Agency / Home Insurance Agency
- Door of the Soul / Counselor / Consultant
- Connecting Paths Counseling- Erin Nieto, LPC / Counselor / Psychotherapist
Property Details for 1160 Grimes Bridge Rd
- Year built
- 1985
- Construction
- WOOD
- Lot size
- 0.04 lot acres
- Property size
- 1,752 SF
- Zone code
- C3
- Property type
- Office Properties & Spaces
- APN
- 12 209604880072
- APU
- 12209604880072
Description
This exceptional 2,176 sq ft office condo presents a compelling investment opportunity in Roswell, GA. Located in the desirable Roswell Depot, this property boasts a prime location just off Grimes Bridge Road and Holcomb Bridge Road, offering high visibility and easy access to GA 400. The unit features four private offices with elegant designer finishes, a spacious grand room ideal for collaboration and meetings, a cozy loft area, two bathrooms, and a kitchenette. The open-concept layout of the grand room includes a designated conference area, enhancing functionality. This storefront anchor unit benefits from its proximity to numerous national retailers and service providers, as well as the walkable and vibrant Canton Street, just minutes away. A long-term tenant is currently in place with five years remaining on their lease, providing immediate cash flow and the potential for increased rental income through scheduled rate increases. The 0.05-acre lot ensures ample space for this highly sought-after office space, making it an ideal investment for those seeking a stable, high-return property in a thriving location. The property's proximity to Historic Roswell and its high-traffic visibility further enhance its appeal. This is a motivated seller opportunity. Don't miss out!
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $300,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $250,000
- 6.5%
- $225,000
- 7%
- $245,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $255,000
- Geo Method
- $235,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $260,000
- Retail
- $260,000
- Mixed-Use
- $220,000
- Hospitality
- $295,000
- Educational
- $215,000
- Residential Income
- $235,000
- Energy
- $225,000
- Income-Based Land
- $245,000
- Food Service
- $290,000
Location Insight
- Map
- Local Demand
- City
- Roswell
- County
- Fulton
- State
- Georgia
- Longitude
- -84.3432
- Latitude
- 34.0302
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA