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Property profile & analytics

1035 Southcrest Dr, Unit 1045 Stockbridge, GA 30281-6118

  • Office buildings
  • 41,950 SF
  • 9.66 lot acres
OFF-MARKET
Last Sale
Dec 22, 2022
$9,331,900
Value Estimations
$9,245,000
Show details
Cap Rate Potential
7.2%
Office buildings
Location Intelligence
Property ID
US22-4550989
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

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

based on Realmo’s proprietary methodology
  • 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
    Market price range: $4.92M - $9.43M
    AI Estimate
    $6,020,000
    Market 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

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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

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$159,230
$434,800
$3,611,360
$4,046,160
-
$1,087,000
$9,028,400
$10,115,400
More about this property
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