1903 Washington Rd East Point, GA 30344-4119
- Investment properties
- 1,858 SF
- 0.48 lot acres
Current Use by Public Records
- Investment properties
Property Details for 1903 Washington Rd
- Year built
- 1910
- Construction
- WOOD
- Lot size
- 0.48 lot acres
- Property size
- 1,858 SF
- Zone code
- C1
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 14 016400050164
- APU
- 14016400050164
Description
This vacant, 4,000 square foot commercial building in East Point, Georgia, presents a compelling value-add investment opportunity. Located on a half-acre lot at 1903 Washington Rd, this Class C property is priced at $399,000 ($99.75/SF). The C-1 zoning allows for diverse uses, including daycare, medical office, and storefront retail. Its prominent location on Washington Road ensures high visibility and significant foot traffic. The building is ideal for owner-users seeking a versatile space or investors looking to capitalize on the area's growth potential. The property's features include a pylon sign, enhancing visibility and branding opportunities. This is a rare chance to acquire a well-positioned commercial property in a rapidly developing area of Fulton County, with a 30344 zip code. The building's versatility and prime location make it an attractive prospect for a variety of businesses and investors. This is a vacant property ready for immediate occupancy or lease.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $270,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $375,000
- 6.5%
- $380,000
- 7%
- $390,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $405,000
- Geo Method
- $420,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $365,000
- Retail
- $370,000
- Mixed-Use
- $350,000
- Hospitality
- $420,000
- Educational
- $400,000
- Residential Income
- $405,000
- Energy
- $400,000
- Income-Based Land
- $350,000
- Food Service
- $440,000
Location Insight
- Map
- Local Demand
- City
- East Point
- County
- Fulton
- State
- Georgia
- Longitude
- -84.451
- Latitude
- 33.6756
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA