500 Northlake Dr Peachtree City, GA 30269
- Banks
- 22,355 SF
- 1.00 lot acres
Current Use by Public Records
- Wessels & Gerber, P.C. / Real Estate Attorney
- S I Restaurants Group / Restaurant
- Virtual Properties Realty / Real Estate Agency
- Vickie Butler Realty, Inc. at Virtual Properties Realty / Real Estate Agent
- Mortgage, Bank of America / Mortgage Broker / Mortgage Lender
Property Details for 500 Northlake Dr
- Year built
- 1981
- Construction
- FRAME
- Lot size
- 1.00 lot acres
- Property size
- 22,355 SF
- Zone code
- C GC
- Property type
- Banks
- APN
- 0732 054
- APU
- 732054
Description
This exceptional South Atlanta office property offers a variety of spaces ideal for businesses seeking a convenient and well-connected location. The building, a single three-story structure totaling 29,047 square feet, underwent renovations in 2019, ensuring modern amenities within a classic design. Currently, 3,796 square feet of space is available, with a maximum contiguous space of 3,796 square feet. The building features five total suites, offering flexibility for businesses of various sizes. The property sits on one acre of land and is conveniently located near Highway 54, providing easy access to major transportation routes. The building boasts an elevator (hydraulic) for easy access to all three floors, each with an 8-foot ceiling height. The property is zoned C CG and is located in Fayette County's South Atlanta submarket. Its proximity to Peachtree City's extensive network of golf cart and bike paths offers a unique commuting option. The building's Class B designation reflects its well-maintained condition and attractive features. Property taxes are $1.08 per square foot. The location is also within walking distance of restaurants, banks, and shopping, providing employees with numerous conveniences. This is an excellent opportunity for professional services firms, including legal, accounting, or other businesses seeking a high-quality, accessible office space.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,465,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,120,000
- 6.5%
- $2,040,000
- 7%
- $2,110,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,885,000
- Geo Method
- $1,865,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,070,000
- Retail
- $2,060,000
- Mixed-Use
- $1,590,000
- Hospitality
- $1,650,000
- Educational
- $1,860,000
- Residential Income
- $2,125,000
- Energy
- $2,130,000
- Income-Based Land
- $1,600,000
- Food Service
- $1,850,000
Location Insight
- Map
- Local Demand
- City
- Peachtree City
- County
- Fayette
- State
- Georgia
- Longitude
- -84.5859
- Latitude
- 33.4004
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA