1035 Southcrest Dr, Unit 1045 Stockbridge, GA 30281-6118
- Office buildings
- 41,950 SF
- 9.66 lot acres
Dec 22, 2022
Current Use by Public Records
- Raj Pandya, M.D. / Physician
- Atlanta Orthopaedic Institute. Stockbridge / Medical Clinic
- Ramani, Poonam MD / Physician
- Southeastern Primary Care Specialists: William Osborne, Jr., M.D. / Physician
- Larry Bergere, M.D. / Physician
Property Details for 1035 Southcrest Dr
- Year built
- 2005
- Construction
- STEEL FRAME
- Lot size
- 9.66 lot acres
- Property size
- 41,950 SF
- Zone code
- C3
- Property type
- Office buildings
- APN
- 012-03013000
- APU
- 1203013000
Description
This exceptional investment opportunity presents two Class A buildings comprising Southcrest Medical Plaza I & II, located at 1035 Southcrest Dr, Stockbridge, GA 30281. The property boasts a total of 9.5 acres of land and features two, two-story buildings with elevator access. Currently, there are multiple tenants, with a combined 3,415 square feet of vacant space available, ranging from smaller suites to larger spaces. The zoning is C3, allowing for a variety of uses. The property's strategic location provides convenient access to major thoroughfares including I-75, I-675, and Highway 138, ensuring excellent visibility and accessibility for patients and staff. Its placement is ideal for capturing a significant patient base from Henry, Clayton, South DeKalb, and South Fulton counties. The existing presence of primary care and pediatric practices within the buildings creates a strong foundation for referrals and synergistic opportunities. The first-floor lobby offers excellent exposure for tenants seeking high visibility. This is a rare opportunity to acquire a well-established, high-quality medical and office complex in a thriving location. The property offers a blend of established tenancy and readily available space, making it an attractive option for both investors and businesses seeking a prime location in a growing market.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $8,270,000
- ML approach
- $8,900,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $9,985,000
- 6.5%
- $9,220,000
- 7%
- $8,560,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $9,432,000
- AI Estimate
- $6,020,000
Market price range: $4.92M - $9.43MMarket price range: $1.57M - $6.02M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $6,590,000 Current use
- COMMERCIAL (GENERAL)
- $9,370,000 Change: +42% Conversion: Easy
- AUTO REPAIR, GARAGE
- $8,650,000 Change: +31% Conversion: Difficult
- RETAIL STORES
- $8,415,000 Change: +28% Conversion: Moderate
- NEIGHBORHOOD: SHOPPING CENTER
- $6,695,000 Change: +2% Conversion: Difficult
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Stockbridge
- County
- Henry
- State
- Georgia
- Longitude
- -84.2753
- Latitude
- 33.5441
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA