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    1161 Concord SE Rd Smyrna, GA 30080-4280
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    Property profile & analytics

    1161 Concord SE Rd Smyrna, GA 30080-4280


    • Retail space
    • 12,083 SF
    • 0.38 lot acres
    Off-Market
    Last Sale Oct 11, 2024
    Property ID
    US22-0596339
    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.

    Value Estimations
    $2,180,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • KEF Media / Media Distribution
    • JW Affinity IT / (Bike/Boat/Book/etc) Store / Corporate Office

    Property Details for 1161 Concord SE Rd

    Year built
    2007
    Lot size
    0.38 lot acres
    Property size
    12,083 SF
    Zone code
    CBD
    Property type
    Retail space
    APN
    17048601430
    APU
    17048601430

    Description

    This exceptional 3,000 square foot office space is available for lease in Smyrna, Georgia. Situated on a 0.38-acre lot in the Cumberland/Galleria submarket, this property offers a versatile space ideal for various uses, including general offices, clinics, and medical practices. The building features a recently renovated interior with hardwood floors, updated bathrooms, and a new exterior entrance. The layout includes one executive office with a private entrance, conference room, and bathroom, along with four additional offices, a breakroom with a kitchenette, and a shared restroom. The property boasts ample natural light and is conveniently located within the Central Business District (CBD) zoning. With 5-10 parking spaces available, this property offers both convenience and accessibility. The location is highly desirable, being within two miles of the Battery/Truist Park District and approximately ten miles from downtown Atlanta. The property is listed for $23.00 per square foot annually on a triple net lease, with flexible lease terms ranging from three to ten years. The minimum leasable space is 3,100 square feet.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $2,835,000
      6.5%
      $2,615,000
      7%
      $2,430,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,416,000
      Market price range: $496k - $1.46M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $2,795,000
      Current use
      MEDICAL BUILDING
      $2,970,000
      Change: +6% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $2,405,000
      Change: -14% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $2,370,000
      Change: -15% Conversion: Moderate
      OFFICE BUILDING
      $2,285,000
      Change: -18% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Smyrna
    County
    Cobb
    State
    Georgia
    Longitude
    -84.5195
    Latitude
    33.8769
    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
    $27,634
    $72,300
    $945,140
    $1,017,440
    -
    $180,750
    $2,362,850
    $2,543,600
    More about this property
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