4550 Brownsville Rd Powder Springs, GA 30127
- Commercial real estate
- 1.51 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 4550 Brownsville Rd
- Lot size
- 1.51 lot acres
- Zone code
- NRC
- Property type
- Commercial real estate
- APN
- 19104600020
- APU
- 19104600020
Description
This exceptional 1.352-acre commercial land parcel in Powder Springs, Georgia, presents a unique investment opportunity. Located at 4550 Brownsville Rd, zip code 30127, this pad-ready outparcel is zoned CRC (Community Retail Commercial), offering significant potential for various commercial developments. The asking price is $700,000, translating to less than $11 per square foot of land. The property includes underground detention, a significant cost savings for future development. Its strategic location offers immediate access to a strong demographic base, including over 1,500 households with above-average incomes within close proximity. Further enhancing its appeal, the site is adjacent to a proposed Walgreens and within half a mile of 300 new apartment homes scheduled for completion in Fall 2023. This prime location ensures convenient service to the surrounding residential neighborhoods, promising high visibility and strong potential for return on investment. The property is situated in Cobb County and boasts excellent access to major transportation routes. This is an exceptional opportunity to acquire a well-positioned commercial lot in a rapidly growing area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $600,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $550,000
- 6.5%
- $555,000
- 7%
- $525,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $550,000
- Geo Method
- $545,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $515,000
- Retail
- $590,000
- Mixed-Use
- $515,000
- Hospitality
- $525,000
- Educational
- $660,000
- Residential Income
- $550,000
- Energy
- $515,000
- Income-Based Land
- $630,000
- Food Service
- $640,000
Location Insight
- Map
- Local Demand
- City
- Powder Springs
- County
- Cobb
- State
- Georgia
- Longitude
- -84.7001
- Latitude
- 33.8442
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA